>>United Airlines CEO "Disappointed" With Boeing
(New York, NY) -- United Airlines' CEO says he's "disappointed" in Boeing's recent issues that have led to United planes being grounded. Scott Kirby said on CNBC that Boeing needs "real action" to fix its reputation. He said he's spoken to the company's CEO Dave Calhoun to talk about his issues, saying United is Boeing's "biggest customer in the world." The Federal Aviation Administration launched an investigation into Boeing and ordered the grounding of close to 200 Boeing 757 Max 9 aircraft after a door plug panel flew off an Alaska Airlines flight earlier this month.
>>Newspaper Cutting About A Quarter Of Staff
(Los Angeles, CA) -- The Los Angeles Times is announcing mass layoffs, as it cuts about a quarter of its staff. California's largest daily paper is laying off 115 people from its newsroom. The cuts were anticipated. Unionized journalists staged a one-day work stoppage last week to protest the layoffs. The L-A Times is owned by Doctor Patrick Soon-Shiong. He says the paper is losing between 30 and 40 millions dollars each year. Employment firm Challenger, Gray and Christmas estimates that more than 26-hundred news jobs were lost in recent months.
>>Court Upholds Ban On Shkreli Working In Pharmaceutical Industry
(New York, NY) -- A federal court in Manhattan is upholding the lifetime ban for the man some refer to as "Pharma Bro," Martin Shkreli [[ Shh-krellee ]], from working in the pharmaceuticals industry. The court ruled unanimously on the ban, while ordering him to pay 64-million in profits for blocking competition to his HIV drug. Shkreli raised the price of the life-saving drug by over four-thousand-percent in 2015 overnight, and he also served time for securities fraud. Meanwhile, the FTC is also requesting he be held in contempt of court for violating the ban when he formed the company Druglike which the agency ruled "appears to be involved in the drug industry." Shkreli can still ask that his appeal be reheard by the full lineup of judges on the 2nd Circuit court, as opposed to the three member panel yesterday Tuesday, and he can ask the U.S. Supreme Court to take the case.
>>SoCal-to-Vegas High-Speed Rail Project Gets Injection of Federal Funds
(San Bernardino, CA) -- The Southern California to Las Vegas high-speed rail project just got an injection of funding. The U.S. Department of Transportation is approving two-and-a-half billion dollars in bonds for the estimated 12 billion dollar plan. Planners hope to have the line completed in time for the 2028 Summer Olympics in Los Angeles.
>>Chevrolet Unveils Updated Equinox
(Detroit, MI) -- The fourth generation of the Chevrolet Equinox SUV has been revealed by General Motors. The 2025 model features styling similar other SUVs in the Chevrolet lineup and the Chevrolet Silverado pickup. It will feature a large display on the dashboard and an 11-inch information center screen. GM says the system will operate like a smartphone using Google technology. The Equinox will be in dealer showrooms in the summer.
