2019

Failed airline FlyBMI ‘owed £37m’ when it collapsed, say administrators

Business /

Image copyright BMI Regional Image caption Flybmi had a fleet of Embraer jets The regional airline FlyBMI owed £37m when it collapsed. Most creditors, including passengers and suppliers who have lost out, may receive only 1% of their claims, say administrators. The airline cancelled all flights and filed for administration in February, blaming spikes in […]

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Exxon agrees to $1 million penalty for Montana oil spill

Technology /

Exxon Mobil Corp. agreed to pay a $1.05 million penalty to settle alleged federal water pollution violations from an oil pipeline break into Montana’s Yellowstone River, according to court documents filed Friday. Approval of the agreement by U.S. District Judge Susan Watters would resolve the last outstanding federal enforcement case against the oil giant stemming

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U.S. and Japan Push for a Trade Deal Following Failed Pacific Partnership

Politics /

Mr. Trump plunged into a risky nuclear negotiation with North Korea’s Kim Jong-un, despite Mr. Abe’s warnings to hold a tough line with Pyongyang. Officials in Tokyo worry that a nuclear deal could hurt Japan, if Mr. Kim agrees to give up his intercontinental ballistic missiles, which can reach the United States, without surrendering his

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Venezuela Hit By Major Blackout, Government Blames ‘Sabotage’

Finance /

CARACAS, March 7 (Reuters) – A major power outage hit crisis-stricken Venezuela on Thursday, according to Reuters witnesses, a problem the government of President Nicolas Maduro quickly blamed on “sabotage” at a hydroelectric dam that provides much of the country’s power. Electricity outages are frequent in Venezuela, where the economy is collapsing under hyperinflation, with

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Microsoft Workers Protest Use Of HoloLens Headsets For War

Technology /

A group of Microsoft workers is demanding the company cancel a contract supplying the U.S. Army with HoloLens headsets that they say would turn real-world battlefields into a video game. Microsoft’s head-mounted HoloLens displays use augmented reality, which means viewers can see virtual imagery superimposed over the scenery in front of them. A letter signed

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Trump Pulls Out of Arms Treaty During Speech at N.R.A. Convention

Politics /

“Under this president and this vice president,” Mr. Pence said, “no one is taking your guns.” The N.R.A. was hit with a rebuke for its lobbying tactics this month when the Democratic-controlled House approved a revamped Violence Against Women Act that would bar those convicted of abusing, assaulting or stalking a domestic partner from buying

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