Wednesday, December 11, 2019
Dec. 11, 2019

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Train safety technology hasn’t quite reached the station

December 9, 2019, 6:12pm Business

After years of delays, a railroad safety system that federal regulators say could have prevented 300 deaths since 1969 is finally close to full implementation — but large gaps remain,… Read story

Paul Volcker, former Fed chairman, dies at 92

December 9, 2019, 6:02pm Business

Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died,… Read story

Amazon to donate items to benefit U.S. charities

December 10, 2019, 7:24pm Business

Amazon is donating hundreds of thousands of needed items such as socks, blankets and canned food to hundreds of U.S. charities that created wish lists on the company's site, and giving five organizations working on homelessness $1 million each. Read story

Airbus tops Boeing in jet orders, deliveries

December 10, 2019, 7:02pm Business

Boeing’s grounded 737 Max got a boost from two orders in November, but the American aircraft company continues to trail Europe’s Airbus in both orders and deliveries of airline planes. Read story

Trump, Dems call revised trade deal a win

December 10, 2019, 7:01pm Business

WASHINGTON — Representatives of the United States, Mexico and Canada on Tuesday agreed to amend a North American trade deal, accepting significant changes demanded by House Democrats on workers’ rights, environmental protection and prescription drug prices. Read story

Former Boeing manager warned company about 737 Max production

December 10, 2019, 4:58pm Business

A former senior manager at Boeing said he repeatedly warned company executives about production issues at the factory where the 737 Max jets were being built, but his recommendations to shut down production were rebuffed. Read story

New Seasons Market sold to South Korean ownership group

December 10, 2019, 2:21pm Business

New Seasons Market is being sold to a South Korean ownership group, the grocery store announced on Tuesday. Read story

Boeing books first firm orders of 2019 for grounded 737 Max

December 10, 2019, 1:19pm Business

It took 11 months, but Boeing recorded the year’s first official orders for the 737 Max. Read story

Airline trade group predicts Christmas travel will rise 3 percent

December 10, 2019, 1:18pm Business

WASHINGTON — Airlines are looking forward to another big Christmas and New Year’s season, with 3 percent more people flying in the U.S. than during last year’s holiday stretch. Read story

U of Phoenix agrees to $50M settlement over false ad claims

December 10, 2019, 10:28am Business

The University of Phoenix and its parent company have agreed to pay $50 million in cash and cancel $141 million in student debt to settle allegations of deceptive advertisement brought by the Federal Trade Commission. Read story