NEW YORK—New York officials on Wednesday celebrated the six-year $8 billion reconstruction of the city’s long-derided LaGuardia airport with a brand new Delta Air Lines terminal. Delta’s glittering 1.3 million-square foot $4 billion Terminal C will begin flights on Saturday at nine of the 37 new gates. Delta, the largest carrier at LaGuardia, is flying…
Tesla Delays Deliveries of Long-Range Models in US
Tesla Inc is delaying U.S. deliveries of certain long-range models by up to a month, its website showed on Wednesday, as the electric-car maker tries to steer itself through supply-chain issues and disruptions in China operations. New orders for Model Y will be delivered between December and March, Model 3 between September and December, and…
Delta Air Lines Sees Snapback to Pre-Pandemic Levels
Delta Air Lines Inc. said on Wednesday it expects second-quarter adjusted revenue at 2019 levels as pandemic-weary travelers are planning more leisure trips undeterred by the higher prices of tickets, accommodation, and rental cars. U.S. airlines have been buoyed by how quickly travel snapped back from the depths of the pandemic, leaving them struggling to…
Volkswagen’s Race With Tesla Will Be Tight, Diess Says
BERLIN—Tesla works at twice the industry pace in many processes but still needs to ramp up highly complex factories and find qualified workers to win the electric vehicle race, Volkswagen’s chief executive said on Wednesday. The U.S. carmaker, posing a challenge to German electric vehicle production with its new plant near Berlin, had the advantage…
Backlogs, More Staff Help German Factories Against Headwinds: PMI
June 2, 2022
admin
Business & Economyeconomic policieseconomyEuropeGermanlockdownsmanufacturersMarketsPMIRussia-Ukraine WarWorld
0 Comment
BERLIN—German manufacturers slightly increased outputs in May, buoyed by order backlogs, increased staffing, and, in some cases, improved materials availability, but a further decline in new orders mean rough seas ahead, a survey found on Wednesday. S&P Global’s final Purchasing Managers’ Index (PMI) for manufacturing, which accounts for about a fifth of the economy, came…
Hard to Have Rational Debate Around Feasibility of Climate Change Action: Dutton
June 2, 2022
admin
Asia & PacificAustraliaBusiness & Economyclimate changeeconomic policiesInternationalMarketsPeter DuttonRenewable EnergyWorld
0 Comment
Opposition leader Peter Dutton has said Australians need to be more realistic about reconfiguring the entire power grid to reach net-zero. “It’s hard to have a rational conversation on this topic with people because you’re shouted down for being a backward-looking person,” he told 2GB radio on June 2. “The fact is if a city…
Australia in Talks With US to Supply Infant Formula
Australia is in talks with the United States to supply baby food, an Australian government spokesperson said on Wednesday, after the apex U.S. health regulator relaxed its import policy to address a nationwide shortage. Makers of baby food globally are exploring opportunities of supplying to the United States after the easing of import norms. Two…
Chickeeduck Founder Believes CCP Spies Were Monitoring Him in Hong Kong
June 2, 2022
admin
Asia & PacificBusiness & EconomyChickeeduckChinaCompaniesHK Current AffairsHong Kongsocial controlSpecial TopicsWorld
0 Comment
Hong Kong businessman Herbert Chow, the outspoken founder and CEO of Hong Kong children’s clothing retailer Chickeeduck who voiced support for protesters during the anti-extradition movement, has left Hong Kong with his wife for the United States after suffering “unprecedented harassment by unidentifiable malicious forces.” While he has been forced to end his retail business in…
BT and Ericsson Join Forces to Build 5G Private Networks
LONDON—Telecoms company BT and Ericsson have struck a multi-million pound partnership to offer private 5G networks to businesses across Britain, enabling them to deploy Internet of Things and other technologies quickly and securely. Private 5G networks mirror public 5G, but connectivity is limited to a group of devices in a dedicated space, such as a…
SEC Takes Aim at Retail Investors, Meme Stocks in New Video
The U.S. Securities and Exchange Commission (SEC) is used to going after insider traders, pump and dumpers, and fraudulent advisors. But yesterday, the federal regulatory agency went after a new group: retail investors. The SEC posted a video on its YouTube channel encouraging retail investors (everyday people buying stocks) to do research before investing. The video…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`