Hints and tips:
...The DoJ alongside US states including Massachusetts and New York argued that the deal would have limited options for customers and pushed up prices....
...The Teamsters have also launched a campaign to organise workers at Amazon and are actively renegotiating contracts with shipper Yellow Corp and the American Red Cross....
...The FAA has planned buffer zones around 50 airports that have wireless transmitters in proximity to runways, including in New York, Los Angeles and Chicago....
...PC: So if you look at say, for instance, Robert Moses in New York, built loads of highways, they were supposed to solve congestion, and all they did was lead to more congestion....
...News about the spread of the variant “overtook the situation and quickly changed the outlooks.”...
...So if you look at, say, for instance, Robert Moses in New York built loads of highways. They were supposed to solve congestion. And all they did was led to more congestion....
...Greetings from New York, where it feels like spring in every sense: the sun is shining and as more people get vaccinated (including myself — hooray) a sentiment shift is under way....
...more than 90 per cent since March, and a V-shape recovery is no longer in the cards....
...But he questioned whether it would work for banks operating in other countries where air travel is less common....
...In a note to clients, Morgan Stanley said Amazon Air’s growth represents 2 per cent of potential revenue lost for UPS and FedEx in 2018 and at least 10 per cent by 2025, based on an analysis of Amazon Air...
...Delta Air Lines ended the day 0.4 per cent lower while JetBlue Airways edged down 0.6 per cent....
...Delta Air Lines edged 0.6 per cent lower while Southwest dipped 0.3 per cent. JetBlue was the only main outlier, eking out a 0.2 per cent gain....
...It’s the news that investors in parcel delivery heavyweights UPS and FedEx have been dreading....
...Additional reporting by Andrew Edgecliffe-Johnson in New York...
...Running the length of this 1,350-acre focal point will be a green space inspired by New York’s Central Park....
...In exchange Elliott Advisors, which is the UK arm of the New York-based hedge fund, will back the appointment of a new chief executive....
...To win regulatory approval, the airlines had to relinquish 22 slots in Mexico and 6 in New York, but Mr Bastian promised the tie-up would bring both more services and more jobs....
...The Standard & Poor’s 500 stock index was up 3.2 per cent for the week at the close in New York on Friday, a turnround from the previous week’s sharp fall....
...Under the new deal, Amazon will lease 20 Boeing 767 cargo jets from Atlas Air Worldwide, an aviation company based in New York state, for seven years....
...Capable of flying twice as fast as a conventional jet, it will cut the travel time from London to New York from more than seven hours to four, says chief executive Doug Nichols....
...News on Wednesday that Air Canada had signed a letter of intent for 45 new firm orders, with options on another 30, consequently looked like a welcome sign of customers’ returning confidence....
...Dow Transports have trimmed their loss for the year down to around 1 per cent, leading a recovery being seen in broader measures such as the S&P 500....
...Virgin America is set to announce its sale to Alaska Air on Monday in a deal valuing the US carrier at about $2bn — or about $55 a share, said a person familiar with the matter....
...Virgin’s shares surged 41.6 per cent to $55.09 by lunchtime in New York....
...The new deal, under which the jets will be leased for five to seven years, marks the first time Amazon has publicly confirmed its secretive air cargo programme....
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