American Airlines seeks $3.5 billion in new financing

(Reuters) – American Airlines Group Inc (AAL.O) said on Sunday it plans to secure $3.5 billion in new financing, to improve the airline’s liquidity as it grapples with travel restrictions caused by the coronavirus. The company plans to raise $1.5 billion by selling shares and convertible senior notes due 2025, the airline said in a… Continue reading American Airlines seeks $3.5 billion in new financing

American Express gets nod to start operating card network in China

Fox Business Flash top headlines for June 12 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. China’s central bank gave American Express Co. the green light to start operating a card-clearing network that will process transactions in yuan, giving the U.S. card company greater access to the country’s spenders. Continue Reading Below On… Continue reading American Express gets nod to start operating card network in China

American tourist is left with an agonizing foot-long chemical burn

American tourist is left with an agonizing foot-long chemical burn on her upper arm from botched henna tattoo in Thailand Amanda Drish-Adolf, 30, got inked while in Bangkok, Thailand with her husband  Amanda, who’s a violinist, got a half-sleeve mandala henna tattoo on her left arm  She later discovered that she had a chemical burn… Continue reading American tourist is left with an agonizing foot-long chemical burn

Daimler, BMW shutter American car-sharing venture

Creamery partners with BMW for cow-powered cars Straus Family Creamery founder Albert Straus discusses his company’s partnership with BMW to develop methane derived from cow waste to power sustainable motors. BERLIN — BMW AG and Daimler AG said they would shutter their joint car-sharing operation in North America and in some European cities early next… Continue reading Daimler, BMW shutter American car-sharing venture

American teacher, 63, found gagged, tortured and strangled after suspected robbery at Dominican Republic home

THE bound and gagged body of a teacher has been found after she was tortured and strangled to death in the Dominican Republic. Cops say the remains of Patricia Ann Anton were found inside her apartment in the resort town of Cabarete. They say it appears the American died during a brutal robbery in which… Continue reading American teacher, 63, found gagged, tortured and strangled after suspected robbery at Dominican Republic home

Boeing CEO Dennis Muilenburg offers to forgo his bonuses for 2019 amid 737 Max crisis

Boeing's CEO offered to forgo bonuses this year, the company's new chairman says. CEO Muilenburg was harshly criticized by lawmakers last week his 2018 compensation. The Boeing 737 Max remains grounded after two fatal crashes. Boeing's embattled CEO Dennis Muilenburg offered to forgo all bonuses this year as the company grapples with the fallout of… Continue reading Boeing CEO Dennis Muilenburg offers to forgo his bonuses for 2019 amid 737 Max crisis

American Airlines extends cancellations of 737 Max flights

FILE – In this May 27, 2015, file photo, American Airlines jets taxi at Miami International Airport, in Miami. American Airlines Group Inc. reports quarterly financial results Friday, Jan. 27, 2017. (AP Photo/Lynne Sladky, File) American Airlines is extending cancellations of flights on Boeing 737 Max aircraft through mid-January, slashing its pre-tax profit by about… Continue reading American Airlines extends cancellations of 737 Max flights

Death of the American mall: What one mall is doing to get customers in stores

Mall traffic is coming back: Gene Marks The Marks Group President Gene Marks on the state of the retail sector. The nation’s newest mega-mall wants you to skip the parking lot headaches. Continue Reading Below American Dream announced Wednesday rideshare platform Lyft joined the development as an official partner. The news arrives as the long-awaited… Continue reading Death of the American mall: What one mall is doing to get customers in stores

American consumers signaling serious economic trouble ahead, expert warns

How will China trade impact US manufacturers? Former Cypress semiconductor CEO T.J. Rodgers discusses how China trade could impact manufacturing. American manufacturers had their worst month since the Great Recession in September, which appears to be a very bad sign for the U.S. economy when combined with other economic indicators Continue Reading Below The Institute for… Continue reading American consumers signaling serious economic trouble ahead, expert warns

From American muscle to German engineering, 8 cars electrifying the Frankfurt Auto Show

The classic Corvette gets radical redesign The Car Coach Lauren Fix on General Motors unveiling the new Corvette, Tesla’s sales and the outlook for electric cars. Some of the most innovative designs from the world's best known automakers — many of them with electric power plants – are on display at the Frankfurt Motor Show this week in Germany. Continue… Continue reading From American muscle to German engineering, 8 cars electrifying the Frankfurt Auto Show

American Petroleum Institute: We can meet demand as well as cut carbon dioxide emissions

World energy demand is growing, and America’s oil and natural gas companies are investing to meet it — sustainably. That’s critical because International Energy Agency projections show that fossil fuels will supply 78% of global energy needs by 2040, even as renewable sources expand. U.S. supply has kept pace — sustaining world-leading production, contributing virtually… Continue reading American Petroleum Institute: We can meet demand as well as cut carbon dioxide emissions

American whiskey sobering sales dilemma

American whiskey distillers’ sales taking a shot from tariffs Dad’s Hat Pennsylvania Rye Whiskey founder Herman Mihalich on the impact of tariffs on the distillery’s sales. Tariffs in the EU, Canada and Mexico are taking a toll on American whiskey producers’ sales. According to the Distilled Spirits Council 63 percent of American whiskey exports have… Continue reading American whiskey sobering sales dilemma

18-year-old American suspect in Italian officer’s killing was ‘illegally blindfolded,’ police admit

ROME — An American teenager was illegally blindfolded before he was interrogated as a suspect in the slaying of a newlywed police officer in Rome, an Italian police commander said Sunday after the emergence of a photo showing the young tourist restrained with handcuffs and with his head bowed. Gabriel Christian Natale-Hjorth, 18, was blindfolded… Continue reading 18-year-old American suspect in Italian officer’s killing was ‘illegally blindfolded,’ police admit

American Airlines extends Boeing 737 MAX cancellations for fourth time

(Reuters) – American Airlines Group Inc (AAL.O) said on Sunday it is extending for a fourth time cancellations of about 115 daily flights into early November due to the ongoing grounding of the Boeing Co (BA.N) 737 MAX jets. The airline’s decision was expected after the Federal Aviation Administration, which must reapprove the jets for… Continue reading American Airlines extends Boeing 737 MAX cancellations for fourth time

At American Airlines, Boeing Max grounding fuels improved earnings outlook

Boeing continues to face scrutiny after DOJ reportedly extends 737 Max probe Wall Street Journal aviation reporter Andrew Tangel on the report that the DOJ is extending its investigation beyond the Boeing 737 Max jet and will be investigating the 787 Dreamliner. American Airlines expects earnings in the second quarter to increase more than previously… Continue reading At American Airlines, Boeing Max grounding fuels improved earnings outlook

American Airlines asks court to end 'devastating' slowdown by unions

(Reuters) – American Airlines Group Inc on Friday asked a federal court to quickly halt an alleged illegal slowdown by mechanics’ unions that has become “devastating” to the airline’s operations. The world’s largest airline by passenger traffic urged the court to order the unions to stop interfering with the airline’s operations, three weeks after it… Continue reading American Airlines asks court to end 'devastating' slowdown by unions

American Airlines and Qantas win tentative U.S. approval for joint venture

WASHINGTON (Reuters) – American Airlines Group Inc and Qantas Airways Ltd have been given the U.S. government’s tentative approval to operate a joint venture after a prior effort was rejected in 2016. The U.S. Department of Transportation on Monday issued an order tentatively approving the joint business agreement and tentatively granting antitrust immunity to the… Continue reading American Airlines and Qantas win tentative U.S. approval for joint venture

AIM facility in Saint John receives operating permit for six months

The American Iron & Metal facility at the Port of Saint John will continue to operate for at least another six months, after receiving approval from the New Brunswick government. News of the approval was announced on Friday evening, defeating — at least temporarily — a request from the City of Saint John and other… Continue reading AIM facility in Saint John receives operating permit for six months

American flag won't come down under any circumstance: Camping World CEO Marcus Lemonis

Marcus Lemonis responds to American flag controversy Marcus Lemonis, chairman and CEO of Camping World, says that he won’t take down the large American flag flying above his store, despite a North Carolina city’s lawsuit demanding that he do so. Camping World CEO Marcus Lemonis responded to the American flag controversy at his store in Statesville,… Continue reading American flag won't come down under any circumstance: Camping World CEO Marcus Lemonis

American cannabis farmer could face death penalty in Myanmar

YANGON, Myanmar — A court in Myanmar on Tuesday formally charged an American man and two local co-workers with violating drug laws concerning marijuana, with potential penalties ranging from five years’ imprisonment to death. The court in the central Mandalay region charged John Frederic Todoroki with violating five sections of the drugs and narcotics law… Continue reading American cannabis farmer could face death penalty in Myanmar

American churches must reject literalism and admit we got it wrong on gay people

A sad thing is happening in America. The church is killing itself. A great revelation has occurred that is bringing joy and happiness to millions, but it is being met with resistance and retrenchment from many of my colleagues inside the church. The revelation is that LGBTQ people are just like the rest of us… Continue reading American churches must reject literalism and admit we got it wrong on gay people

AmEx posts lower-than-expected first-quarter revenue

(Reuters) – Credit card issuer American Express Co’s quarterly revenue missed analysts’ estimates on Thursday, due to muted growth in its global merchant and network services unit. Shares of AmEx were down 1.2 percent in premarket trading. Revenue growth in the unit, which operates a global payments network for processing and settling card transactions, remained… Continue reading AmEx posts lower-than-expected first-quarter revenue

The North American Bitcoin Conference 2019: Conference Speakers

Crypto-market innovators are today expanding the perception and adoption of some of the key elements set to illuminate tomorrow’s financial landscape. The North American Bitcoin Conference, in particular, projects a wide-angle lens view of the transition to a blockchain powered economy, with potential to significantly impact finance for decades to come. The scale of this… Continue reading The North American Bitcoin Conference 2019: Conference Speakers

American Express(Amex) Compliments Ripple's Technology

Presently, XRP/USD is trading at $0.3043, off the recovery high of $0.3246. Ripple being the second largest coin has a market capitalization of $12.6 which is marginally higher on the daily basis. Furthermore, the American multinational financial services, American Express examined the Ripple’s xCurrent solution for cross-border payments. Also found the results quite impressive. General… Continue reading American Express(Amex) Compliments Ripple's Technology