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Transportation/Logistics
Deal on China Flights Signals U.S. Airlines' Stronger Hand
Both sides stay civil even as the Biden administration’s go-slow policy frustrates Beijing’s hopes of a faster aviation-market reopening. Source link
The Panama Canal Has Become a Traffic Jam of the Seas
More than 200 vessels are stuck on either side of the waterway as a serious drought cuts crossings. Source link
A Rare Look Into the Finances of Elon Musk's Secretive SpaceX
The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenues rose faster. Source link
Estée Lauder's Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses. Source link
The Airport Is an Increasingly Dangerous Place to Work
Aug. 15, 2023 12:10 am ET Listen to article (2 minutes) Courtney Edwards carried an orange safety cone when she set out to meet an
Ukraine Offers Plan to Bypass Russia's Black Sea Blockade
Kyiv said it was opening temporary routes for civilian ships to sail from its Black Sea ports in a potential challenge to Russia’s attempt to
Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround
The ride-sharing company and its larger rival, Uber, are racing to build significant ad operations. Source link
America's Truckers, Cargo Pilots and Package Carriers Are Fed Up
Inflation and resentment are stoking heightened labor activism, with FedEx pilots rejecting a union-brokered deal. Source link
Pratt & Whitney Engine Problems Lead Airlines to Reduce Some Flights
The aerospace and defense company RTX’s bet on single-aisle jetliners has run into quality and durability concerns. Source link
How Nike Sneakers Get Stolen at Every Turn
The company’s warehouses, trucks and stores are regularly targeted by organized crime groups looking to steal and resell Air Jordans. Source link