FAA probes Boeing 737 MAX production, says it won’t approve jets’ return this year

FAA probes Boeing 737 MAX production, says it won’t approve jets’ return this year
WASHINGTON/SEATTLE (Reuters) – The U.S. Federal Aviation Administration said on Wednesday it was investigating production issues involving Boeing Co’s 737 MAX and confirmed the agency will not approve the grounded commercial jet for flight before year end. At a hearing before U.S. lawmakers, FAA chief Steve Dickson cited a series of steps that still must be completed before 737 MAX... Read More

CEO of GM’s Cruise driverless vehicle unit hints at offering low-cost shared rides

CEO of GM’s Cruise driverless vehicle unit hints at offering low-cost shared rides
(Reuters) – The chief executive of autonomous vehicle company Cruise signaled on Wednesday the General Motors Co (GM.N) subsidiary intends to offer shared rides “at a radically lower cost” as part of a bid to move eventually “beyond the car.” FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in... Read More

CEO of GM’s Cruise hints at offering low-cost shared rides

CEO of GM’s Cruise hints at offering low-cost shared rides
FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. REUTERS/Heather Somerville/File Photo (Reuters) – The chief executive of autonomous vehicle company Cruise signaled in a blog post on Wednesday that the General Motors Co... Read More

FAA probes Boeing 737 MAX production, ex-manager warns of ‘a factory in chaos’

FAA probes Boeing 737 MAX production, ex-manager warns of ‘a factory in chaos’
WASHINGTON/SEATTLE (Reuters) – The U.S. Federal Aviation Administration said on Wednesday it was investigating production issues at Boeing Co’s 737 MAX factory, raised by an ex-manager who warned that schedule pressure and worker fatigue undermined quality and raised safety risks. Federal Aviation Administration (FAA) Administrator Stephen Dickson testifies before a House Transportation and Infrastructure Committee hearing on “The Boeing 737... Read More

FAA chief says 737 MAX won’t be cleared to resume flying in 2019

FAA chief says 737 MAX won’t be cleared to resume flying in 2019
WASHINGTON (Reuters) – Federal Aviation Administration (FAA) chief Steve Dickson confirmed Wednesday the agency will not allow Boeing Co’s (BA.N> grounded 737 MAX, involved in two fatal crashes in five months, to resume flying before the end of 2019. FILE PHOTO: Aerial photos showing Boeing 737 Max airplanes parked at Boeing Field in Seattle, Washington, U.S. October 20, 2019. REUTERS/Gary... Read More

Siemens names strategy chief Kayser to lead portfolio companies

Siemens names strategy chief Kayser to lead portfolio companies
The logo of German industrial group Siemens is seen in Zurich, Switzerland, January 30, 2019. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Siemens named its strategy chief and former Kuka CEO Horst J. Kayser as boss of its loss-making portfolio companies, the German engineering company said on Wednesday. Kayser, 58, will replace Jochen Eickholt as chairman of the six businesses which Siemens... Read More

Argo takes different road to skirt self-driving challenges

Argo takes different road to skirt self-driving challenges
PITTSBURGH/DETROIT (Reuters) – Sky’s the limit optimism about self-driving cars is giving way to tougher questions about how expensive automotive artificial intelligence will ever make a profit. FILE PHOTO: An Argo Ai self driving prototype vehicle is seen outside a Ford and Volkswagen joint news conference in New York City, New York, U.S., July 12, 2019. REUTERS/Mike Segar/File Photo Those... Read More

FAA chief to testify before Congress on grounded Boeing 737 MAX

FAA chief to testify before Congress on grounded Boeing 737 MAX
WASHINGTON (Reuters) – Federal Aviation Administration (FAA) chief Steve Dickson will testify Wednesday before Congress on the series of steps that must be completed before the agency will allow Boeing Co’s (BA.N> grounded 737 MAX, involved in two fatal crashes in five months, to resume flying. FILE PHOTO: Aerial photos showing Boeing 737 Max airplanes parked at Boeing Field in... Read More

How Uber drains carmaker profits in Latin America’s biggest market

How Uber drains carmaker profits in Latin America’s biggest market
SAO PAULO (Reuters) – Like many Uber (UBER.N) drivers in Sao Paulo, the ride-hailing app’s busiest city in the world, Augusto Caio Pereira does not actually own or lease the car he nudges through the city’s notorious traffic jams every day. FILE PHOTO: The Logo of taxi company Uber is seen on the roof of a private hire taxi in... Read More

Amazon issues fix after some Blink home cameras found vulnerable to hacking

Amazon issues fix after some Blink home cameras found vulnerable to hacking
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol (Reuters) – Amazon.com Inc (AMZN.O) said on Tuesday it had issued a fix to rectify security flaws in certain of its Blink home camera systems after a cyber security firm found vulnerabilities that could let hackers hijack the device.... Read More