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Boeing execs could face lengthy prison terms over MAX crashes, attorney tells Boom Bust

8 hours ago DieselGasoil Comments Off on Boeing execs could face lengthy prison terms over MAX crashes, attorney tells Boom Bust
Hearings on aviation safety in the aftermath of two deadly Boeing 737 MAX crashes were held this week by the US House of Representatives panel. They included testimonies from families of the victims. International Regulatory Attorney Myles Edwards joins RT’s Boom Bust to talk about the latest developments in the Boeing crashes case. “I look Read More

Expiring U.S. solar subsidy spurs rush for panels

13 hours ago DieselGasoil Comments Off on Expiring U.S. solar subsidy spurs rush for panels
LOS ANGELES (Reuters) – America’s biggest solar power developers are stockpiling panels to lock in a 30% federal tax credit set to start phasing out next year, a strategy that could backfire if projects do not materialize or panel prices slide substantially. FILE PHOTO: An array of solar panels is seen in the desert near Read More

U.S.-China officials discuss trade; Mnuchin eyes possible in-person talks

15 hours ago DieselGasoil Comments Off on U.S.-China officials discuss trade; Mnuchin eyes possible in-person talks
CHANTILLY, France/WASHINGTON (Reuters) – U.S. and Chinese officials spoke by telephone on Thursday as the world’s two largest economies seek to end a year-long trade war, with U.S. Treasury Secretary Steven Mnuchin suggesting in-person talks could follow. Mnuchin and U.S. Trade Representative Robert Lighthizer spoke with their Chinese counterparts over the phone, Lighthizer’s office said Read More

Boeing to make $50 million in payments to 737 MAX crash victims’ families

2 days ago DieselGasoil Comments Off on Boeing to make $50 million in payments to 737 MAX crash victims’ families
WASHINGTON (Reuters) – Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with veteran U.S. compensation expert Ken Feinberg hired by the world’s largest plane maker to oversee the distribution. The announcement Read More

Does renewables pioneer Germany risk running out of power?

2 days ago DieselGasoil Comments Off on Does renewables pioneer Germany risk running out of power?
FRANKFURT (Reuters) – Germany, a poster child for responsible energy, is renouncing nuclear and coal. The problem is, say many power producers and grid operators, it may struggle to keep the lights on. FILE PHOTO: Water vapour rises from the cooling towers of the Jaenschwalde lignite-fired power plant of Lausitz Energie Bergbau AG (LEAG) in Read More

Japanese official says negotiators working hard on U.S.-Japan trade deal

2 days ago DieselGasoil Comments Off on Japanese official says negotiators working hard on U.S.-Japan trade deal
WASHINGTON (Reuters) – U.S. and Japanese officials are working hard to reach agreement on a bilateral trade agreement, a senior Japanese official told Reuters on Wednesday, adding he was looking forward to news on the deal in the near future. FILE PHOTO: U.S President Donald Trump is greeted by Japan’s Prime Minister, Shinzo Abe, as Read More

Duterte snubs UN human rights panel, says he’ll ‘only face a trial in a Philippine court’

2 days ago DieselGasoil Comments Off on Duterte snubs UN human rights panel, says he’ll ‘only face a trial in a Philippine court’
Philippines President Rodrigo Duterte has defiantly refused to cooperate with a UN human rights tribunal, saying that if he is ever to be put on trial over his ‘War on Drugs’, it would have to be in the Philippines. The United Nations Human Rights Council (UNHRC) adopted a resolution last Thursday to investigate alleged human Read More

Boeing to make $50 million in payments to 737 MAX crash victim families

2 days ago DieselGasoil Comments Off on Boeing to make $50 million in payments to 737 MAX crash victim families
WASHINGTON (Reuters) – Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with compensation expert Ken Feinberg hired by the world’s largest plane maker to oversee the distribution. The announcement of Feinberg’s Read More

Boeing to spend $50 million to support 737 MAX crash victim families

2 days ago DieselGasoil Comments Off on Boeing to spend $50 million to support 737 MAX crash victim families
WASHINGTON (Reuters) – Boeing Co (BA.N) said on Wednesday it will dedicate half of a $100 million fund it created to address two crashes of its 737 MAX planes to financial relief for the families of those killed, with compensation expert Ken Feinberg hired by the world’s largest plane maker to oversee the distribution. Michael Read More

U.S. lawmakers challenge Facebook over Libra cryptocurrency plan

2 days ago DieselGasoil Comments Off on U.S. lawmakers challenge Facebook over Libra cryptocurrency plan
WASHINGTON (Reuters) – U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted. FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in this Read More