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BUSINESS

As 737 Max crisis festers, Boeing fires its leader

New York Times, Published on 24/12/2019

» NEW YORK: Boeing said on Monday that it had fired its chief executive, Dennis A. Muilenburg, who was unable to stabilise the company after two crashes involving its best-selling 737 Max plane killed 346 people and set off the worst crisis in the manufacturing giant’s 103-year history.

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BUSINESS

Taxi no longer the ride of choice

Business, New York Times, Published on 28/01/2017

» John McFadden no longer sticks his hand out for a yellow cab. He has plenty of other options at his fingertips.

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BUSINESS

Swarovski, maker of all things bejewelled, tries on a hoodie

Business, New York Times, Published on 15/10/2016

» A group of millennial programmers swapped jokes recently in their office's well-stocked kitchen while preparing salads for a weekly barbecue. Others mingled around a new foosball table, playfully arguing over the prospective teams.

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BUSINESS

US meat giant buys stake in vegan startup

Business, New York Times, Published on 12/10/2016

» Tyson Foods Inc appears to be the first big meat company to invest in a business that, among other things, aims to reduce consumption of chicken, beef and pork by replacing it with plant proteins.

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BUSINESS

Dow Chemical, DuPont said close to mega-merger

New York Times, Published on 09/12/2015

» Dow Chemical and DuPont, two of the biggest and oldest companies in the US chemical industry, are in talks to merge in what would be one of the largest transactions in a year full of huge deals, people briefed on the matter said today.

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BUSINESS

American Apparel goes bankrupt

New York Times, Published on 06/10/2015

» New York: American Apparel, the one-time arbiter of edgy made-in-America cool, filed for bankruptcy protection early Monday, its business crippled by huge debts, a precipitous fall in sales, employee strife and a drawn-out legal battle with the retailer’s ousted founder, Dov Charney.

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BUSINESS

Manhattan's bodegas are slowly dying off

New York Times, Published on 10/08/2015

» José Alvarrado saved for more than a decade to buy 3 Brothers Mini Market, a bodega at 169th Street and Audubon Avenue.

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BUSINESS

Lotte tower rises, and leery Koreans watch

Business, New York Times, Published on 20/07/2015

» SEOUL: For people hiking in the hills around Seoul, it is an unmistakable sight: the Lotte World Tower taking shape like a gigantic bamboo shoot.

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BUSINESS

NY wants sodium warning on menus

New York Times, Published on 11/06/2015

» NEW YORK: New York City has banned trans fats at restaurants, posted calorie counts on menus and tried, unsuccessfully, to limit the size of sodas.

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BUSINESS

Utilitarian no more, airports go five-star

New York Times, Published on 08/05/2015

» As major airports around the world scramble to brand themselves as luxury entities rather than mere transportation centres, some have adopted a star-ranking system, like hotels. It was inevitable.