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Exclusive: Eldorado Resorts, Caesars explore merger – sources

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(Reuters) – U.S. casino operators Eldorado Resorts Inc and Caesars Entertainment Corp are in the early stages of exploring a merger, people familiar with the matter said on Sunday. FILE PHOTO: The marquee sign at Caesars Palace hotel is seen on the strip in Las Vegas, Nevada, U.S. February 16, 2011. REUTERS/Steve Marcus/File Photo The Read More

Renault-Nissan must streamline decision-making: Renault's Senard

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Renault Chairman Jean-Dominique Senard attends a joint news conference in Yokohama, Japan, March 12, 2019. REUTERS/Kim Kyung-Hoon PARIS (Reuters) – Renault and Nissan must streamline decision-making in the car-making alliance and boosting the companies’ cross-shareholding is not currently in their plans, Renault’s chairman said in comments published on Sunday. Japan’s Nissan Motor and France’s Renault, Read More

Profit v passenger safety: Why the US was the last to ground troubled Boeing jets

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Despite two deadly crashes in five months the US Federal Aviation Administration (FAA) and Boeing insisted on the airworthiness of the 737 Max. It wasn’t until the rest of the world grounded the plane that the US finally conceded. Airplane manufacturers and airlines commonly base their decisions on passenger safety versus the companies’ economic interests. Read More

Cash v safety: Why the US was the last to ground troubled Boeing passenger jets

3 days ago DieselGasoil Comments Off on Cash v safety: Why the US was the last to ground troubled Boeing passenger jets
Despite two deadly crashes in five months the US Federal Aviation Administration (FAA) and Boeing insisted on the airworthiness of the 737 Max. It wasn’t until the rest of the world grounded the plane that the US finally conceded. Airplane manufacturers and airlines commonly base their decisions on passenger safety versus the companies’ economic interests. Read More

PG&E close to reshaping leadership with investor backing: WSJ

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(Reuters) – PG&E Corp is close to naming a new chief executive officer and revamping its board backed by some of its largest investors, the Wall Street Journal said on Saturday, as the power utility restructures after filing for bankruptcy because of potential liabilities from California wildfires. A PG&E truck carrying an American Flag drives Read More

PG&E to name new CEO as early as next week, overhaul board: WSJ

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A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage (Reuters) – PG&E Corp is likely to name a new chief executive officer as early as next week and to announce an overhaul of its board backed by some of its largest investors, the Read More

Renault pushes back decision over Ghosn's 2018 pay

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FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn arrives at his place of residence in Tokyo, Japan, March 8, 2019. REUTERS/Issei Kato PARIS (Reuters) – French carmaker Renault said on Friday that it had decided to push back a decision regarding the 2018 pay package for ousted boss Carlos Ghosn. “The board of directors will Read More

California jury awards $29 million to woman with cancer who used J&J talc

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(Reuters) – A California jury on Wednesday awarded $29 million to a woman who said that asbestos in Johnson & Johnson’s talcum-powder-based products caused her cancer. FILE PHOTO: A Johnson & Johnson building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo The verdict, in California Superior Court in Oakland, marks the Read More

Deadly 2017 wildfire found sparked by So. California Edison power lines

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LOS ANGELES (Reuters) – The devastating Thomas Fire that killed two people and destroyed more than 1,000 structures northwest of Los Angeles in December 2017 was sparked by power lines owned by Southern California Edison Co, fire officials said on Wednesday. FILE PHOTO: Firefighters attack the Thomas Fire’s north flank with backfires as they fight Read More