Indonesian airline Garuda is canceling its order for 49 Boeing 737 Max jets

Airline Garuda Indonesia said Friday it is requesting a cancellation to its current order for 49 Boeing 737 Max jets. Reuters, citing Garuda’s CFO, said the company may change its 737 Max order to another type of Boeing jet. In response to CNBC’s request for comment, Garuda spokesman Ikhsan Rosan said the airline sent a letter to Boeing on March 14 to cancel its order for the 737 Max jets. Garuda currently only has one Boeing 737 Max 8 in its fleet, according to Reuters. The Indonesian airline i


Airline Garuda Indonesia said Friday it is requesting a cancellation to its current order for 49 Boeing 737 Max jets. Reuters, citing Garuda’s CFO, said the company may change its 737 Max order to another type of Boeing jet. In response to CNBC’s request for comment, Garuda spokesman Ikhsan Rosan said the airline sent a letter to Boeing on March 14 to cancel its order for the 737 Max jets. Garuda currently only has one Boeing 737 Max 8 in its fleet, according to Reuters. The Indonesian airline i
Indonesian airline Garuda is canceling its order for 49 Boeing 737 Max jets Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-22  Authors: yen nee lee, matt mills mcknight
Keywords: news, cnbc, companies, canceling, max, 737, order, indonesian, 49, cancel, garuda, boeing, indonesia, wanted, jets, airline


Indonesian airline Garuda is canceling its order for 49 Boeing 737 Max jets

Airline Garuda Indonesia said Friday it is requesting a cancellation to its current order for 49 Boeing 737 Max jets.

Newswires Reuters and AFP both reported the company’s plans.

Reuters, citing Garuda’s CFO, said the company may change its 737 Max order to another type of Boeing jet. The national carrier of Indonesia did not explain why it no longer wanted the planes.

In response to CNBC’s request for comment, Garuda spokesman Ikhsan Rosan said the airline sent a letter to Boeing on March 14 to cancel its order for the 737 Max jets. Garuda has not heard back from Boeing, but the aircraft manufacturer will visit Jakarta on March 28 for “further discussion,” said Rosan.

Garuda currently only has one Boeing 737 Max 8 in its fleet, according to Reuters.

The Indonesian airline is the first to publicly confirmed plans to cancel an order for the Boeing jets after two fatal crashes involving the 737 Max 8. The planes have been grounded by authorities in multiple countries — including in the U.S., Europe, China and Indonesia.


Company: cnbc, Activity: cnbc, Date: 2019-03-22  Authors: yen nee lee, matt mills mcknight
Keywords: news, cnbc, companies, canceling, max, 737, order, indonesian, 49, cancel, garuda, boeing, indonesia, wanted, jets, airline


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US airlines cancel flights after FAA grounds Boeing 737 Max jets

That has left airlines scrambling to rebook passengers and reassign planes. American Airlines, which has 24 Boeing 737 Max planes in its fleet of nearly 1,000 aircraft, said it was ferrying those planes to be parked until the FAA order is lifted. It operates about 85 flights out its 6,700 flights a day using the Max. United Airlines has 14 of the Boeing 737 Max 9s, a larger model, in its fleet. Southwest Airlines flies 34 Boeing 737 8s that service about 4 percent of its daily flights.


That has left airlines scrambling to rebook passengers and reassign planes. American Airlines, which has 24 Boeing 737 Max planes in its fleet of nearly 1,000 aircraft, said it was ferrying those planes to be parked until the FAA order is lifted. It operates about 85 flights out its 6,700 flights a day using the Max. United Airlines has 14 of the Boeing 737 Max 9s, a larger model, in its fleet. Southwest Airlines flies 34 Boeing 737 8s that service about 4 percent of its daily flights.
US airlines cancel flights after FAA grounds Boeing 737 Max jets Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: leslie josephs, shannon stapleton
Keywords: news, cnbc, companies, flights, 737, airlines, planes, cancel, grounds, travelers, passengers, rebook, boeing, jets, faa, order, max


US airlines cancel flights after FAA grounds Boeing 737 Max jets

The U.S. Federal Aviation Administration on Wednesday joined dozens of other countries’ regulators in ordering airlines to ground new Boeing 737 Max planes, citing evidence linking a deadly crash of one of them in Ethiopia over the weekend to a similar fatal flight in Indonesia in October. (You can find more detail on why the planes were grounded here.)

That has left airlines scrambling to rebook passengers and reassign planes. The three U.S. airlines — United, American and Southwest — that have recently added the planes to their fleets, and have more on order, said they will rebook or waive ticket-change fees and fare differences for travelers affected by the FAA’s order, which went into immediate effect.

American Airlines, which has 24 Boeing 737 Max planes in its fleet of nearly 1,000 aircraft, said it was ferrying those planes to be parked until the FAA order is lifted. It operates about 85 flights out its 6,700 flights a day using the Max.

Routes with multiple flights each day, where passengers can more easily be rebooked to another time, are likely to take the biggest hit. Travelers who aren’t booked on the Max may also be affected as airlines deploy their planes to cover other routes with less frequent service.

United Airlines has 14 of the Boeing 737 Max 9s, a larger model, in its fleet. The airline said it expects minimal disruptions from the issue, but it will work with customers if their flights are canceled.

Southwest Airlines flies 34 Boeing 737 8s that service about 4 percent of its daily flights. The carrier does not charge travelers to change their trips, but said passengers booked on canceled Boeing Max flights won’t have to pay the difference in fares to change their dates if it’s within two weeks of their original departure.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: leslie josephs, shannon stapleton
Keywords: news, cnbc, companies, flights, 737, airlines, planes, cancel, grounds, travelers, passengers, rebook, boeing, jets, faa, order, max


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‘We need Amazon,’ Gov Cuomo says after report that it might cancel New York HQ2 plans

Andrew Cuomo lambasted local politicians who oppose his deal to bring Amazon’s second “headquarters” to Long Island City, saying, “we have to make Amazon a reality.” “And if they stop Amazon from coming to New York, they’re going to have the people of New York state to explain it to. Cuomo said the Post’s story was evidence that local opposition has begun to scare off Amazon. The governor said local opposition is standard procedure for change of any kind because “people just oppose change.” Watc


Andrew Cuomo lambasted local politicians who oppose his deal to bring Amazon’s second “headquarters” to Long Island City, saying, “we have to make Amazon a reality.” “And if they stop Amazon from coming to New York, they’re going to have the people of New York state to explain it to. Cuomo said the Post’s story was evidence that local opposition has begun to scare off Amazon. The governor said local opposition is standard procedure for change of any kind because “people just oppose change.” Watc
‘We need Amazon,’ Gov Cuomo says after report that it might cancel New York HQ2 plans Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: lauren feiner, wang ying, xinhua, getty images
Keywords: news, cnbc, companies, york, cancel, local, deal, report, amazon, state, need, city, gov, hq2, opposition, plans, jobs, theyre, cuomo


'We need Amazon,' Gov Cuomo says after report that it might cancel New York HQ2 plans

New York Gov. Andrew Cuomo lambasted local politicians who oppose his deal to bring Amazon’s second “headquarters” to Long Island City, saying, “we have to make Amazon a reality.”

“For the state Senate to oppose Amazon was governmental malpractice,” Cuomo said at a news conference on Long Island, where he discussed the state budget for the region. “And if they stop Amazon from coming to New York, they’re going to have the people of New York state to explain it to. It is irresponsible to allow political opposition to overcome sound government policy.”

Cuomo’s news conference came shortly after The Washington Post published a report on Friday saying Amazon is reconsidering bringing its new office, along with 25,000 jobs with an average salary of $150,000, to the Long Island City neighborhood in New York’s Queens borough. Some state and local officials, including Rep. Alexandria Ocasio-Cortez, have opposed the nearly $3 billion in performance-based incentives the state and city government offered Amazon to lure the company to the city. City Council officials were not privy to the details of the package until after Amazon had selected New York as one of its two locations for its second headquarters.

Cuomo said the Post’s story was evidence that local opposition has begun to scare off Amazon.

“You want to know how dangerous it is?” Cuomo asked. “There is a story today that says Amazon may not come to New York. If Amazon does not come to New York, it’s because of the political opposition.”

The governor said local opposition is standard procedure for change of any kind because “people just oppose change.” But he argued the state would be giving up an enormous opportunity if it lost this deal with Amazon, saying the volume of high-paying jobs Amazon has promised to bring to the state is practically unheard of.

“I spend days trying to bring a business that has 100 jobs or 200 jobs,” he said.

Opponents of the state and city’s deal with Amazon have taken the reported reconsideration as a sign that their message is resonating with both locals and executives at the company. Ocasio-Cortez, who represents the Bronx and parts of Queens in Congress, cheered the Post’s story. “Can everyday people come together and effectively organize against creeping overreach of one of the world’s biggest corporations? Yes, they can,” she tweeted.

State Sen. Michael Gianaris, a critic of the Amazon deal who was selected this week to serve on the state board that will ultimately approve or reject Amazon’s deal, told CNBC on Friday that the report in the Post, which is owned by Amazon CEO Jeff Bezos, was the first he heard of Amazon’s reconsideration. But he suggested it could be part of a negotiation tactic.

“This is typical of the way Amazon has handled this situation,” he said. “If they’re trying to extort New York through anonymous threats, they’re showing that they’re not a responsible corporate actor to begin with. … If their view is we want your $3 billion or we’re leaving, maybe they should leave.”

Cuomo, on the other hand, sees Amazon as a critical piece in his vision for New York’s economy.

“You want to diversify your economy? You don’t want to just be Wall Street and finance?” Cuomo asked. “We need Amazon.”

—CNBC’s Jacob Pramuk contributed to this report.

Subscribe to CNBC on YouTube.

Watch: Amazon reconsidering New York headquarters after local opposition, according to Washington Post


Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: lauren feiner, wang ying, xinhua, getty images
Keywords: news, cnbc, companies, york, cancel, local, deal, report, amazon, state, need, city, gov, hq2, opposition, plans, jobs, theyre, cuomo


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JP Morgan asset chief warns that CEOs are getting set to cancel spending over shutdown

J.P. Morgan Asset & Wealth Management Chief Executive Mary Callahan Erdoes warned that U.S. CEO confidence will soon start to dip if the warring factions in Washington cannot resolve the latest government shutdown. President Donald Trump and Congress are locked in a showdown over funding for Trump’s proposed wall along the nation’s southern border with Mexico. Trump has refused to sign any bill that doesn’t include money for the barrier and the partial shutdown entered its 34th day Thursday. Spe


J.P. Morgan Asset & Wealth Management Chief Executive Mary Callahan Erdoes warned that U.S. CEO confidence will soon start to dip if the warring factions in Washington cannot resolve the latest government shutdown. President Donald Trump and Congress are locked in a showdown over funding for Trump’s proposed wall along the nation’s southern border with Mexico. Trump has refused to sign any bill that doesn’t include money for the barrier and the partial shutdown entered its 34th day Thursday. Spe
JP Morgan asset chief warns that CEOs are getting set to cancel spending over shutdown Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-24  Authors: david reid, david a grogan
Keywords: news, cnbc, companies, shutdown, cancel, trump, world, jp, set, chief, getting, start, erdoes, confidence, wont, going, soon, ceos, ceo, warns, morgan, spending


JP Morgan asset chief warns that CEOs are getting set to cancel spending over shutdown

J.P. Morgan Asset & Wealth Management Chief Executive Mary Callahan Erdoes warned that U.S. CEO confidence will soon start to dip if the warring factions in Washington cannot resolve the latest government shutdown.

President Donald Trump and Congress are locked in a showdown over funding for Trump’s proposed wall along the nation’s southern border with Mexico. Trump has refused to sign any bill that doesn’t include money for the barrier and the partial shutdown entered its 34th day Thursday.

Speaking on a CNBC-hosted panel at the World Economic Forum (WEF) in Davos, Erdoes said the shutdown was currently costing the U.S. about $1.5 billion a week in gross domestic product (GDP). She added that CEOs would soon start to cancel investments that had already been postponed.

“A lot of these just get delayed. Some won’t happen after a series of time and, for sure, CEO confidence of ‘am I going to build that new plant or am I going to think about that capital expenditure,’ those are going to start to weigh heavily on their minds,” she said.


Company: cnbc, Activity: cnbc, Date: 2019-01-24  Authors: david reid, david a grogan
Keywords: news, cnbc, companies, shutdown, cancel, trump, world, jp, set, chief, getting, start, erdoes, confidence, wont, going, soon, ceos, ceo, warns, morgan, spending


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Airlines cancel thousands of flights as winter storm Harper bears down

Airlines urged travelers to check airline websites for travel information. Even if flights aren’t canceled in the storm, travelers can expect delays as planes are de-iced. Airports, airlines and local businesses have been offering free meals to the unpaid TSA officers and other government employees working without a check. American Airlines’ credit union is offering 1 percent loans of $1,200 or the amount of a single net paycheck to airport security workers. Federal forecasters expect a blast of


Airlines urged travelers to check airline websites for travel information. Even if flights aren’t canceled in the storm, travelers can expect delays as planes are de-iced. Airports, airlines and local businesses have been offering free meals to the unpaid TSA officers and other government employees working without a check. American Airlines’ credit union is offering 1 percent loans of $1,200 or the amount of a single net paycheck to airport security workers. Federal forecasters expect a blast of
Airlines cancel thousands of flights as winter storm Harper bears down Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-18  Authors: leslie josephs, johannes eisele, afp, getty images
Keywords: news, cnbc, companies, harper, cancel, airports, work, bears, winter, tsa, thousands, airlines, airport, flights, weekend, travelers, travel, storm


Airlines cancel thousands of flights as winter storm Harper bears down

Airlines canceled more than 2,000 flights scheduled for this weekend as a rapidly-moving winter storm threatened an area from the Midwest to New England with snow, ice and heavy rain, snarling travel and straining airports already grappling with long lines and staffing shortages in the partial government shutdown.

More than 1,100 flights in and out of Chicago’s two main airports were called off on Saturday and more than 400 Sunday flights to and from Boston were canceled, according to flight-tracking site FlightAware.com.

American Airlines, United Airlines, JetBlue Airways, Delta Air Lines and Spirit Airlines are allowing travelers booked this weekend to or from more than 60 of airports in the Midwest and Northeast, including those serving New York and Boston, to change their tickets to fly as late as Jan. 23 without paying a fee. Cancellation fees were also waived. Southwest Airlines doesn’t have a date-change fee but the airline said travelers with tickets to cities that will likely be affected by the storm can fly up to two weeks later without paying a difference in fare.

Airlines urged travelers to check airline websites for travel information. Even if flights aren’t canceled in the storm, travelers can expect delays as planes are de-iced.

The travel disruptions come amid an already higher-than-usual absence rate among Transportation Security Administration airport screeners, who have been without regular paychecks since the partial U.S. government shutdown began on Dec. 22. The TSA said the unpaid workers have said they can’t come to work because of financial strain. They missed their first paycheck a week ago.

The staffing shortages have been prompting airports including at in Atlanta, Houston, Washington, D.C., and Miami to temporarily consolidate checkpoints.

A shortage of screeners due to “excessive callouts” prompted the closure of a security checkpoint at Baltimore-Washington International Thurgood Marshall Airport on Saturday afternoon, TSA said.

The TSA said the absentee rate on Friday of its 51,000 officers was 7 percent, up from 3 percent a year ago. Waits topped the agency’s standard 30 minutes at checkpoints in Atlanta, the country’s busiest, Seattle, Newark and Denver but most travelers waited less than half an hour, the agency said.

The TSA workers are among the some 420,000 government employees who have been deemed essential and have been ordered to work during the shutdown.That group also includes air traffic controllers.

Earlier this week the Federal Aviation Administration said it was calling back to work more than 3,000 aviation inspectors and engineers that had been furloughed. Airports, airlines and local businesses have been offering free meals to the unpaid TSA officers and other government employees working without a check. The general public has shown up at some airports with food and other donations.

American Airlines’ credit union is offering 1 percent loans of $1,200 or the amount of a single net paycheck to airport security workers.

Airports are bracing for an increase in travelers during the busy Martin Luther King Jr. Day weekend. The TSA estimates it will screen 8 million travelers from Friday to Monday, an 11 percent increase compared with the holiday weekend in 2018.

Earlier on Friday, a Southwest flight from Las Vegas overran the runway upon landing at Eppley Airfield in Omaha, Nebraska, briefly closing the airport. Southwest said no injuries were reported among the 150 travelers and six crew members.

Federal forecasters expect a blast of bitter cold to follow the storm, which could create additional bad road conditions and slow commutes.


Company: cnbc, Activity: cnbc, Date: 2019-01-18  Authors: leslie josephs, johannes eisele, afp, getty images
Keywords: news, cnbc, companies, harper, cancel, airports, work, bears, winter, tsa, thousands, airlines, airport, flights, weekend, travelers, travel, storm


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Europe’s top court is set to rule on whether the UK can cancel Brexit

The legal advisor for the European Union’s top court will publish his opinion Tuesday on whether the U.K. can cancel Brexit without asking anybody else for permission. Article 50 allows a country to trigger the process that takes them out of Europe’s political and economic union. U.K. Prime Minister Theresa May invoked the exit clause in March 2017. Backed by a crowdfunding appeal, the case has been put together by a cross-party group of Scottish politicians, along with the high-profile barriste


The legal advisor for the European Union’s top court will publish his opinion Tuesday on whether the U.K. can cancel Brexit without asking anybody else for permission. Article 50 allows a country to trigger the process that takes them out of Europe’s political and economic union. U.K. Prime Minister Theresa May invoked the exit clause in March 2017. Backed by a crowdfunding appeal, the case has been put together by a cross-party group of Scottish politicians, along with the high-profile barriste
Europe’s top court is set to rule on whether the UK can cancel Brexit Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-03  Authors: david reid, aurore belot, afp, getty images
Keywords: news, cnbc, companies, cancel, brexit, 50, europes, court, union, ruling, uk, scottish, group, rule, european, set, legal


Europe's top court is set to rule on whether the UK can cancel Brexit

The legal advisor for the European Union’s top court will publish his opinion Tuesday on whether the U.K. can cancel Brexit without asking anybody else for permission.

A group of Scottish lawmakers have sought a legal ruling on if and how the U.K.’s request under Article 50 to leave the European Union could be unilaterally revoked before the Brexit deadline of March 29, 2019.

Article 50 allows a country to trigger the process that takes them out of Europe’s political and economic union. U.K. Prime Minister Theresa May invoked the exit clause in March 2017.

Backed by a crowdfunding appeal, the case has been put together by a cross-party group of Scottish politicians, along with the high-profile barrister Jolyon Maugham QC. The final ruling on whether Article 50 could be canceled without input from the EU’s other 27 countries will be granted by the Court of Justice of the European Union (CJEU).


Company: cnbc, Activity: cnbc, Date: 2018-12-03  Authors: david reid, aurore belot, afp, getty images
Keywords: news, cnbc, companies, cancel, brexit, 50, europes, court, union, ruling, uk, scottish, group, rule, european, set, legal


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Airlines cancel thousands of flights after winter storm Avery surprises East Coast

Airlines cancelled over 1,900 flights around the country after winter storm Avery hit the Northeast stronger than expected with up to a foot of snow on Thursday. Delta said it cancelled 371 flights on Thursday and 106 flights on Friday, and United said it cancelled 180 flights. Airlines including Delta, United, Southwest and Spirit waived change fees for passengers traveling through some East Coast airports. New York airports were hit the hardest, with Newark Liberty International Airport and La


Airlines cancelled over 1,900 flights around the country after winter storm Avery hit the Northeast stronger than expected with up to a foot of snow on Thursday. Delta said it cancelled 371 flights on Thursday and 106 flights on Friday, and United said it cancelled 180 flights. Airlines including Delta, United, Southwest and Spirit waived change fees for passengers traveling through some East Coast airports. New York airports were hit the hardest, with Newark Liberty International Airport and La
Airlines cancel thousands of flights after winter storm Avery surprises East Coast Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-16  Authors: marilyn haigh, john moore, getty images
Keywords: news, cnbc, companies, newark, flights, cancelled, airlines, surprises, hit, delta, coast, cancel, york, united, avery, thousands, airports, storm, east, winter


Airlines cancel thousands of flights after winter storm Avery surprises East Coast

Airlines cancelled over 1,900 flights around the country after winter storm Avery hit the Northeast stronger than expected with up to a foot of snow on Thursday.

According to flight-tracking site FlightAware.com, a total of 2,608 flights flying in or out of the United States were cancelled Thursday and Friday. An additional 12,500 flights were delayed over the two days.

Southwest said it cancelled more than 200 flights over two days due to the storm. Delta said it cancelled 371 flights on Thursday and 106 flights on Friday, and United said it cancelled 180 flights.

Airlines including Delta, United, Southwest and Spirit waived change fees for passengers traveling through some East Coast airports.

New York airports were hit the hardest, with Newark Liberty International Airport and LaGuardia topping the list of airports with the most-cancelled flights. Over 230 flights were cancelled at Newark on Thursday.


Company: cnbc, Activity: cnbc, Date: 2018-11-16  Authors: marilyn haigh, john moore, getty images
Keywords: news, cnbc, companies, newark, flights, cancelled, airlines, surprises, hit, delta, coast, cancel, york, united, avery, thousands, airports, storm, east, winter


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Hurricane Florence prompts airlines to cancel hundreds of flights, cap fares

Delta Air Lines, JetBlue Airways and United Airlines said they capped some airfares at levels below what last-minute tickets would cost. Those carriers, along with American Airlines, whose second-largest hub is Charlotte, are waiving change fees, baggage and in-cabin pet fees for travelers who could be affected by the storm. Charlotte’s airport staff is checking emergency equipment and supplies like backup power, storm drains, and items for passengers who may be stranded. Airlines generally offe


Delta Air Lines, JetBlue Airways and United Airlines said they capped some airfares at levels below what last-minute tickets would cost. Those carriers, along with American Airlines, whose second-largest hub is Charlotte, are waiving change fees, baggage and in-cabin pet fees for travelers who could be affected by the storm. Charlotte’s airport staff is checking emergency equipment and supplies like backup power, storm drains, and items for passengers who may be stranded. Airlines generally offe
Hurricane Florence prompts airlines to cancel hundreds of flights, cap fares Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-12  Authors: leslie josephs, robert alexander, archive photos, getty images, andrew harrer, bloomberg, gabjones
Keywords: news, cnbc, companies, travelers, airport, hurricane, flights, prompts, path, fees, staff, airlines, emergency, fares, cap, storm, operations, cancel, hundreds, florence


Hurricane Florence prompts airlines to cancel hundreds of flights, cap fares

Delta Air Lines, JetBlue Airways and United Airlines said they capped some airfares at levels below what last-minute tickets would cost. Those carriers, along with American Airlines, whose second-largest hub is Charlotte, are waiving change fees, baggage and in-cabin pet fees for travelers who could be affected by the storm.

Charlotte’s airport staff is checking emergency equipment and supplies like backup power, storm drains, and items for passengers who may be stranded.

Airlines generally offer waivers and cancel flights ahead of time so travelers are not stranded at the airport and crews are not out of place when operations resume. They will also routinely keep aircraft away from affected airports.

Constant high winds of at least 36 knots, about 41 miles per hour, can prevent Federal Aviation Administration staff from servicing radars and radio towers, so some systems could be shut down pre-emptively, the agency said.

Flight disruptions could continue after the storm has passed. The FAA said it could restrict air traffic, including passenger flights, to clear airspace for emergency flights.

Other companies with employees in evacuation zones were also preparing for the storm. Boeing Co., for example, said it flew some of its 787 widebody jets from its factory in Charleston on Tuesday to Seattle to keep them out of the storm’s path and suspended operations there.

WATCH: The latest on Hurricane Florence’s path


Company: cnbc, Activity: cnbc, Date: 2018-09-12  Authors: leslie josephs, robert alexander, archive photos, getty images, andrew harrer, bloomberg, gabjones
Keywords: news, cnbc, companies, travelers, airport, hurricane, flights, prompts, path, fees, staff, airlines, emergency, fares, cap, storm, operations, cancel, hundreds, florence


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Hong Kong’s autonomy in focus amid calls to cancel speech by pro-independence politician

The Hong Kong Foreign Correspondents’ Club has planned to host Andy Chan Ho-tin, leader of the Hong Kong National Party, on Tuesday of next week for a talk entitled “A Politically Incorrect Guide to Hong Kong under Chinese Rule.” Chan’s party advocates independence for Hong Kong, a semi-autonomous region of China that was a British colony until 1997. Under a Sino-British accord, Hong Kong kept its legal system, currency and civic freedoms, famously guaranteed for 50 years under the “one country,


The Hong Kong Foreign Correspondents’ Club has planned to host Andy Chan Ho-tin, leader of the Hong Kong National Party, on Tuesday of next week for a talk entitled “A Politically Incorrect Guide to Hong Kong under Chinese Rule.” Chan’s party advocates independence for Hong Kong, a semi-autonomous region of China that was a British colony until 1997. Under a Sino-British accord, Hong Kong kept its legal system, currency and civic freedoms, famously guaranteed for 50 years under the “one country,
Hong Kong’s autonomy in focus amid calls to cancel speech by pro-independence politician Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-09  Authors: kelly olsen, anthony wallace, afp, getty images
Keywords: news, cnbc, companies, national, cancel, proindependence, party, autonomy, china, line, calls, amid, kongs, kong, authorities, speech, focus, local, politician, independence, hong


Hong Kong's autonomy in focus amid calls to cancel speech by pro-independence politician

Mainland China and local authorities are calling for the cancellation of a scheduled speech from a member of a pro-independence Hong Kong political party, raising concerns about the state of free speech in the city.

The Hong Kong Foreign Correspondents’ Club has planned to host Andy Chan Ho-tin, leader of the Hong Kong National Party, on Tuesday of next week for a talk entitled “A Politically Incorrect Guide to Hong Kong under Chinese Rule.”

Chan’s party advocates independence for Hong Kong, a semi-autonomous region of China that was a British colony until 1997. The local government is considering a police request to ban the party on national security grounds.

Under a Sino-British accord, Hong Kong kept its legal system, currency and civic freedoms, famously guaranteed for 50 years under the “one country, two systems” formula.

Hong Kong is a major global financial and trade center of about 7.4 million people and its combination of low regulation, free speech and rule of law have contributed to the city as a favored center for international banks and multinational companies.

But scholars and rights organizations say Hong Kong’s autonomy has eroded over the past two decades as China increasingly exerts pressure on local authorities to curtail democratic aspirations.

Hong Kong was rocked in 2014 by street protests calling for more democracy, with local authorities eventually taking a hard line as Beijing watched closely.

The central government has come down hard on any calls for independence which, while rare, are seen as a red line over which authorities will never compromise.

The Chinese government has called for Chan’s invitation to be withdrawn.

“We are firmly against the attempt of any external forces to provide venue to the advocates for ‘Hong Kong independence’ to spread their nonsense,” the foreign ministry’s office in Hong Kong said in a statement on its website.


Company: cnbc, Activity: cnbc, Date: 2018-08-09  Authors: kelly olsen, anthony wallace, afp, getty images
Keywords: news, cnbc, companies, national, cancel, proindependence, party, autonomy, china, line, calls, amid, kongs, kong, authorities, speech, focus, local, politician, independence, hong


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Farmers say China has already started to cancel orders due to Trump tariffs

President Donald Trump responded earlier this week by unveiling a list of tariffs on $200 billion in Chinese goods. China then hit back with its own threat of tariffs on $200 billion of U.S. goods. Naig said that Iowa predominantly produces corn and soybean, so farmers can’t try to come up with a “plan B” by shifting production. Nearly $20 billion in U.S. agricultural exports went to China last year, with more than half of that amount coming from soybeans. “Our message to the president is we can


President Donald Trump responded earlier this week by unveiling a list of tariffs on $200 billion in Chinese goods. China then hit back with its own threat of tariffs on $200 billion of U.S. goods. Naig said that Iowa predominantly produces corn and soybean, so farmers can’t try to come up with a “plan B” by shifting production. Nearly $20 billion in U.S. agricultural exports went to China last year, with more than half of that amount coming from soybeans. “Our message to the president is we can
Farmers say China has already started to cancel orders due to Trump tariffs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-07-13  Authors: michelle fox, scott morgan
Keywords: news, cnbc, companies, china, president, billion, trump, soybean, cant, world, started, say, orders, half, exports, tariffs, farmers, cancel


Farmers say China has already started to cancel orders due to Trump tariffs

President Donald Trump responded earlier this week by unveiling a list of tariffs on $200 billion in Chinese goods. The duties will not go into effect immediately but will undergo a two-month review process. China then hit back with its own threat of tariffs on $200 billion of U.S. goods.

Naig said that Iowa predominantly produces corn and soybean, so farmers can’t try to come up with a “plan B” by shifting production.

“They’ve spent a lot of time and energy to build this market, particularly China and soybean, and we’d like to see that effort pay dividends, not be wasted,” he said.

China buys about half of the U.S. soybean exports, and roughly one in three rows of soybeans grown on the nation’s farms goes to the world’s second-largest economy, according to the American Soybean Association. Nearly $20 billion in U.S. agricultural exports went to China last year, with more than half of that amount coming from soybeans.

While producers are concerned about the “near-term turbulence” in the marketplace right now, Naig said there is also fear about destroying demand for their products around the world on a more permanent basis.

“Our message to the president is we can’t continue to bear the brunt of the retaliation and that our farmers really can’t afford to wait,” he said. “They are planning for a 2019 growing season and for making economic decisions that will impact them for years to come.”

He said the state doesn’t have any “current plans” to send a trade delegation to directly negotiate with China, but “we are always in contact with our customers around the world.”


Company: cnbc, Activity: cnbc, Date: 2018-07-13  Authors: michelle fox, scott morgan
Keywords: news, cnbc, companies, china, president, billion, trump, soybean, cant, world, started, say, orders, half, exports, tariffs, farmers, cancel


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