Business

FAA probes second Air Canada landing flub at San Francisco International

Air traffic control at SFO had instructed the Air Canada crew multiple times to execute a go-around because the controller was not certain that a preceding arrival would be completely clear of the runway before the jet was due to land, said FAA spokesman Ian Gregor.

Business

WeWork buys oldest luxury store in US

The investment would give Rhone a 22 percent stake of HBC's common shares upon conversion, making it one of the largest shareholders. On the financial side, HBC expects to use the $1.6 billion in proceeds from the sale and investment to reduce debt or increase cash on its balance sheet.

Business

Tesla Inks Deal To Build EV Factory In Shanghai, China

Tesla's share of the Chinese electric vehicle market is already approaching 10%, by far the largest of any foreign automaker , and in 2016 its total China sales surpassed $1 billion. Tesla is wrestling with production problems at its sole factory, in Fremont, California. It was unclear if the Chinese government will conclude a deal with Tesla to coincide with U.S.

Business

Exploding laptop batteries could bring down planes, FAA warns

The UN will discuss the policy during a meeting in Montreal next week. In one test, researchers placed an aerosol can of dry shampoo-which is permitted to be stored in checked luggage-next to the battery inside a suitcase. In a paper filed to a United Nations agency, the Federal Aviation Agency found when a laptop battery is packed next to an aerosol spray overheats, that's a recipe for disaster.

Business

Death toll at 8 from tip-overs of IKEA Malm dressers

Feldman added, "It has always been our view that furniture stability should be built into a dresser and anchoring should be a secondary method of securing furniture". "We have to do better, because these are just ticking land mines in a child's bedroom", she said. The company is offering full refunds or free wall-anchoring kits to those who still have the dressers.

Business

BidaskClub Downgrades EnLink Midstream Partners, LP (ENLK) to Sell

Westwood Holdings Group Inc. now owns 205,459 shares of the energy company's stock valued at $9,328,000 after purchasing an additional 34,948 shares in the last quarter. Schnieders Capital Management Llc bought 17,975 shares as the company's stock declined 6.00% while stock markets rallied. Pictet Asset holds 0.86% in Facebook Inc (NASDAQ:FB) or 1.85 million shares.


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