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Thursday, December 2, 2021

U.S. Navy selects StandardAero for T56 engine maintenance

The U.S. Navy has contracted StandardAero for Rolls-Royce T56 engine maintenance for the third consecutive year.

French government gets renewable energy endorsement

A move by the French government to budget for more solar and hydro-power projects on its grid was endorsed Friday by the European Commission.

Italian cabbies strike nationwide to protest Uber, other rivals

Taxi drivers went on strike across Italy on Tuesday to protest increasing competition from Uber and other emerging rivals.

Amazon to offer prime members free one-day shipping

Amazon said it plans to offer Amazon Prime members free one-day shipping on most orders.

Trump to visit Iowa this week as farmers reel from trade war

President Donald Trump plans to visit Dubuque, Iowa on Thursday -- a state reeling from the impact of the president's trade war with China.
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Texas To Share Shale Strategies With Mexico

Texas energy officials said they were offering advice to their Mexican counterparts on how best to create the necessary culture for potential shale exploration.

Molson Coors to lay off 500 employees, change name after Q3 losses

Molson Coors announced Wednesday that it will lay off workers and change its name amid third-quarter losses.

Tech drags Dow down 405 points, oil prices fall amid crude buildup

Tech stocks dragged U.S. markets down on Thursday, as oil prices also fell amid data showing a buildup in crude stockpiles.

Judge: Wells Fargo must pay $97M to employees not compensated for breaks

A federal judge this week ruled Wells Fargo must pay $97 million in damages to California employees who weren't paid enough for their breaks.

Toyota to pay $3.4 billion to settle premature rusting lawsuits

Japanese automaker Toyota agreed to a $3.4 billion settlement after metal body frames on its pickups and SUVs were found to lack sufficient rust protection, causing them to prematurely corrode.