Europe turns its concerns to China’s growing clout as Xi visits

“To safeguard against potential serious security implications for critical digital infrastructure, a common EU approach to the security of 5G networks is needed.” That has given China maximum leverage in negotiating with EU member countries, almost exclusively on a bilateral basis. During the Cold War, the European Union and the United States achieved a far more elaborate and coherent approach in response to a far less resourceful competitor. The European Union needs a coherent strategy toward C


“To safeguard against potential serious security implications for critical digital infrastructure, a common EU approach to the security of 5G networks is needed.” That has given China maximum leverage in negotiating with EU member countries, almost exclusively on a bilateral basis. During the Cold War, the European Union and the United States achieved a far more elaborate and coherent approach in response to a far less resourceful competitor. The European Union needs a coherent strategy toward C
Europe turns its concerns to China’s growing clout as Xi visits Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: fred kempe, michele tantussi, getty images
Keywords: news, cnbc, companies, eu, week, united, member, visits, approach, chinas, turns, clout, china, states, xi, growing, europe, european, union, concerns, members


Europe turns its concerns to China's growing clout as Xi visits

Chinese President Xi Jinping will visit Italy and France next week amid a European Union firestorm over the dangers of rapidly growing Chinese trade and investments – particularly regarding next-generation telecom technology – and intensifying divisions among its members about how to deal with them.

Western media coverage has understandably focused on the unfolding Brexit drama in London, where British lawmakers failed to agree on a viable path forward. However, what went under-reported was that at the same time the EU took its most significant steps yet – though belated and insufficient – to address China’s increasingly assertive and state-subsidized push into Europe.

After months of study, the European Commission released its “EU-China: Strategic Outlook,” included the clearest and toughest language yet toward China in an EU document. After years of a more benign approach to Beijing, it branded China as “an economic competitor in the pursuit of technological leadership, and a systemic rival promoting alternative models of governance.”

That marks a major shift in thinking ahead of next Thursday’s EU Council meeting in Brussels, bringing together all 28-member country leaders to discuss China the day before Xi lands in Rome. Although the document is couched in diplomatic language, calling upon the EU to “deepen its engagement with China to promote common interests at a global level,” its message is unmistakable on critical infrastructure and Europe’s tech base.

“5G networks will provide the future backbone to our societies and economies, connecting billions of objects and systems, including sensitive information and communications technology systems in crucial sectors,” it says. “To safeguard against potential serious security implications for critical digital infrastructure, a common EU approach to the security of 5G networks is needed.”

To achieve that, the Commission said it will lay out a path following the EU Council meeting. What’s unclear is how effective any approach would be, which would require buy in from 28 nations – 27, if Brexit goes through – which view China through vastly differently lenses.

The challenge is that China for some time has executed a clear plan that has put Europe increasingly at the heart of its global political and economic strategy while Europe has lacked any unified policy of approach of its own. That has given China maximum leverage in negotiating with EU member countries, almost exclusively on a bilateral basis.

Even worse, instead of joining in common cause regarding China, the United States and European Union have been bickering over trade and a host of other issues, from Iran to defense spending. During the Cold War, the European Union and the United States achieved a far more elaborate and coherent approach in response to a far less resourceful competitor.

Greater coordination inside Europe and across the Atlantic could bring considerably more leverage to the negotiating table. The combined EU-US GDP in 2017 of more than $36 trillion was nearly triple that of China, and even the EU GDP alone of more than $17.3 trillion eclipses the $12.2 trillion of Beijing. Instead, China comes to the table with the full weight of six times more GDP than that of Italy, which next week could become the first G-7 member state to endorse China’s Belt and Road Initiative.

China has had similar leverage in the Balkans, where the European Union and the United States have had increased concerns through its heavy investments through its 16+1 format that groups 11 Central European members of the EU with five non-EU members who may over time become candidates – Albania, Bosnia and Herzegovina, Macedonia, Montenegro and Serbia.

Johannes Hahn, the EU commissioner responsible for enlargement, recently expressed concern that the EU “overestimated Russia and underestimated China” in the Balkans. What concerns him is that heavy borrowing from China among the region’s countries could imperil their already weak economies – and more than half the $9.4 billion in Chinese investments in the region in 2016 and 2017 went to the non-EU countries of this group.

The more immediate concern next week comes in Italy, where the government may sign a leaked memorandum of understanding with China regarding its Belt and Road Initiative, and cooperate in the development of “roads, railways, bridges, civil aviation, ports, energy and telecommunications.”

Italy wouldn’t be the first EU country to sign a BRI deal with China, but it has attracted the most attention because it would be the largest to do so, it is a founding member of the EU, and it is a member of the G7. The agreement would also happen despite disagreements within the Italian government (the foreign ministry is reported to have been cut out) and misgivings among other EU countries. It would happen shortly before an EU-China leaders’ summit on April 9.

At a time when the U.S. should be working more closely with the EU to frame a unified transatlantic approach to China, the atmosphere is instead colored by mistrust.

European leaders worry about President Trump’s indications that he might change his approach toward Huawei as a security threat if China compromises on trade, including an intervention in the potential extradition and prosecution of the Huawei CFO.

The Germans chafed at a letter made public last week from U.S. Ambassador to Germany Richard Grenell to German Economy Minister Peter Altmaier. It stated that U.S. intelligence cooperation with Germany would suffer if the German government allowed Huawei into its 5G networks.

President Xi’s visit to Europe, and then again on April 9 for an EU Summit, should trigger what ought to have happened long ago. The European Union needs a coherent strategy toward China that will unite its members. The United States needs to develop a similar strategy of its own, then join transatlantic talks to galvanize democracies to confront what the EU itself called a “systemic rival.”

The urgent need for a common approach to China should, excuse the term, trump other transatlantic differences.

Frederick Kempe is a best-selling author, prize-winning journalist and president & CEO of the Atlantic Council, one of the United States’ most influential think tanks on global affairs. He worked at The Wall Street Journal for more than 25 years as a foreign correspondent, assistant managing editor and as the longest-serving editor of the paper’s European edition. His latest book – “Berlin 1961: Kennedy, Khrushchev, and the Most Dangerous Place on Earth” – was a New York Times best-seller and has been published in more than a dozen languages. Follow him on Twitter @FredKempe and subscribe here to Inflection Points, his look each Saturday at the past week’s top stories and trends.

For more insight from CNBC contributors, follow @CNBCopinion on Twitter.


Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: fred kempe, michele tantussi, getty images
Keywords: news, cnbc, companies, eu, week, united, member, visits, approach, chinas, turns, clout, china, states, xi, growing, europe, european, union, concerns, members


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North Korea is considering suspending nuclear talks with the US, reports say

North Korea is considering suspending nuclear talks with the United States and its leader may rethink a ban on missile tests, news reports from the North’s capital on Friday quoted a senior official as saying. After the failure of last month’s summit of U.S. President Donald Trump and North Korean leader Kim Jong Un, the North’s top nuclear envoy said its leadership was considering dropping denuclearization talks, Russia’s TASS news agency said. “We have no intention to yield to the U.S. demands


North Korea is considering suspending nuclear talks with the United States and its leader may rethink a ban on missile tests, news reports from the North’s capital on Friday quoted a senior official as saying. After the failure of last month’s summit of U.S. President Donald Trump and North Korean leader Kim Jong Un, the North’s top nuclear envoy said its leadership was considering dropping denuclearization talks, Russia’s TASS news agency said. “We have no intention to yield to the U.S. demands
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Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: kcna
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North Korea is considering suspending nuclear talks with the US, reports say

North Korea is considering suspending nuclear talks with the United States and its leader may rethink a ban on missile tests, news reports from the North’s capital on Friday quoted a senior official as saying.

After the failure of last month’s summit of U.S. President Donald Trump and North Korean leader Kim Jong Un, the North’s top nuclear envoy said its leadership was considering dropping denuclearization talks, Russia’s TASS news agency said.

“We have no intention to yield to the U.S. demands (at the Hanoi summit) in any form, nor are we willing to engage in negotiations of this kind,” the agency quoted North Korean Vice Foreign Minister Choe Son Hui as saying.

Kim is set to make an official announcement soon on his position regarding talks with the United States and the North’s further actions, it added, citing Choe, who was addressing a news conference in the North Korean capital.

Choe also said Washington threw away a golden opportunity at the summit and warned that Kim might rethink a moratorium on missile launches, the Associated Press news agency added.

The comments run counter to optimism displayed by a U.S. negotiator this week, despite the collapse of last month’s talks in the Vietnamese capital of Hanoi.


Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: kcna
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Trump says US will stay out of Brexit but slams handling by UK’s May

The United States will stay out of Britain’s negotiations over its exit from the European Union, U.S. President Donald Trump said on Thursday, even as he criticized British Prime Minister Theresa May’s handling of the talks. Speaking to reporters ahead of his meeting with Irish Prime Minister Leo Varadkar, Trump said he wants Brexit talks to work out but was surprised at how badly the negotiations have gone, adding that May did not listen to his suggestions on how to negotiate. Trump also said h


The United States will stay out of Britain’s negotiations over its exit from the European Union, U.S. President Donald Trump said on Thursday, even as he criticized British Prime Minister Theresa May’s handling of the talks. Speaking to reporters ahead of his meeting with Irish Prime Minister Leo Varadkar, Trump said he wants Brexit talks to work out but was surprised at how badly the negotiations have gone, adding that May did not listen to his suggestions on how to negotiate. Trump also said h
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Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: olivier douliery-pool, getty images news, getty images
Keywords: news, cnbc, companies, trump, prime, deal, slams, trade, states, negotiations, minister, stay, brexit, united, european, handling, uks


Trump says US will stay out of Brexit but slams handling by UK's May

The United States will stay out of Britain’s negotiations over its exit from the European Union, U.S. President Donald Trump said on Thursday, even as he criticized British Prime Minister Theresa May’s handling of the talks.

Speaking to reporters ahead of his meeting with Irish Prime Minister Leo Varadkar, Trump said he wants Brexit talks to work out but was surprised at how badly the negotiations have gone, adding that May did not listen to his suggestions on how to negotiate.

Trump also said he did not think another vote on Brexit would be possible because it would be unfair, and reiterated that he would like to see a U.S. trade deal with the United Kingdom after it leaves the EU.

Varadkar, sitting alongside Trump at the White House, said he looked forward to discussing Brexit with Trump and that he would like to see a European trade deal with the United States.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: olivier douliery-pool, getty images news, getty images
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China suggests linking official state visit by Xi to Trump trade deal: Sources

With a U.S.-China trade deal at least weeks away, Chinese negotiators have suggested combining a long-discussed state visit by President Xi Jinping to the United States with the announcement of any forthcoming agreement, according to three sources briefed on discussions. “Our hope is we are in the final weeks of having an agreement,” Robert Lighthizer, the Trump administration’s top trade official, testified to the Senate Finance Committee on Tuesday. “If those issues are not resolved in favor o


With a U.S.-China trade deal at least weeks away, Chinese negotiators have suggested combining a long-discussed state visit by President Xi Jinping to the United States with the announcement of any forthcoming agreement, according to three sources briefed on discussions. “Our hope is we are in the final weeks of having an agreement,” Robert Lighthizer, the Trump administration’s top trade official, testified to the Senate Finance Committee on Tuesday. “If those issues are not resolved in favor o
China suggests linking official state visit by Xi to Trump trade deal: Sources Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: kayla tausche, jim watson, afp, getty images
Keywords: news, cnbc, companies, visit, united, official, xi, issues, weeks, linking, negotiators, trump, trade, sources, deal, talks, suggests, meeting, state


China suggests linking official state visit by Xi to Trump trade deal: Sources

With a U.S.-China trade deal at least weeks away, Chinese negotiators have suggested combining a long-discussed state visit by President Xi Jinping to the United States with the announcement of any forthcoming agreement, according to three sources briefed on discussions.

The two countries had been planning a meeting between the two leaders at President Donald Trump’s private Mar-a-Lago resort in Florida to follow Xi’s late-March visit to Europe, to avoid the optics of a standalone trip to announce a trade deal on U.S. soil.

But U.S. officials have suggested there are too many outstanding details to conclude negotiations by then, making a meeting in March unlikely.

“Our hope is we are in the final weeks of having an agreement,” Robert Lighthizer, the Trump administration’s top trade official, testified to the Senate Finance Committee on Tuesday. But Lighthizer would not commit to a positive outcome, or a resulting meeting, and said many issues remain. “If those issues are not resolved in favor of the United States, we won’t have a deal.”

Since the two countries brokered a temporary truce at the G-20, U.S. negotiators have been seeking commitments and concessions up front, while Chinese negotiators had sought to shelve complicated issues for the two presidents to settle in person.

But that dynamic changed, the three people briefed on the talks said, when Trump walked out on talks with Kim Jong Un in Hanoi, Vietnam, after North Korea sought an end to sanctions. Beijing now wants a deal fully locked in before its leader sits down with Trump, although Trump would still prefer to close the deal himself.

“We could have the deal completed and come and sign — or we can get the deal almost completed and negotiate some of the final points,” Trump said Wednesday. “I would prefer that.”


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: kayla tausche, jim watson, afp, getty images
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Cramer Remix: Why I still have faith in Boeing

Financial news have been “correctly” dominated by the Federal Aviation Administration’s order that Boeing 737 Max jets be grounded in the United States after two of the planes were involved in fatal crashes in less than five months, CNBC’s Jim Cramer said Wednesday. The “Mad Money” host addressed questions he has been asked about how the event could affect the stock. But Cramer isn’t giving up on the company. “I have total confidence in the Boeing company to get to the bottom of this and to rest


Financial news have been “correctly” dominated by the Federal Aviation Administration’s order that Boeing 737 Max jets be grounded in the United States after two of the planes were involved in fatal crashes in less than five months, CNBC’s Jim Cramer said Wednesday. The “Mad Money” host addressed questions he has been asked about how the event could affect the stock. But Cramer isn’t giving up on the company. “I have total confidence in the Boeing company to get to the bottom of this and to rest
Cramer Remix: Why I still have faith in Boeing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: tyler clifford, scott olson, getty images, daniel acker, bloomberg, brendan mcdermid, erin scott, steve marcus
Keywords: news, cnbc, companies, trust, remix, stock, faith, cramer, thats, united, boeing, total, company, woes, wednesdaythe


Cramer Remix: Why I still have faith in Boeing

Financial news have been “correctly” dominated by the Federal Aviation Administration’s order that Boeing 737 Max jets be grounded in the United States after two of the planes were involved in fatal crashes in less than five months, CNBC’s Jim Cramer said Wednesday.

The “Mad Money” host addressed questions he has been asked about how the event could affect the stock. Shares of the airplane manufacturer saw a 0.46 percent bump during the session, but he said it’s “too soon” to assess the impact.

But Cramer isn’t giving up on the company.

“I have total confidence in the Boeing company to get to the bottom of this and to restore any trust lost in the company,” he said. “If that’s enough, you should buy it.”

Hear Cramer react to Boeing’s woes here


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: tyler clifford, scott olson, getty images, daniel acker, bloomberg, brendan mcdermid, erin scott, steve marcus
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Germany will set own security standards, Merkel says after US warning on Huawei

Germany will define its own security standards for a new 5G mobile network, Chancellor Angela Merkel said on Tuesday, when asked about Washington’s warning that it would scale back data-sharing with Berlin if China’s Huawei was allowed to participate. “Security, particularly when it comes to the expansion of the 5G network, but also elsewhere in the digital area, is a very important concern for the German government, so we are defining our standards for ourselves,” Merkel said. “We will also dis


Germany will define its own security standards for a new 5G mobile network, Chancellor Angela Merkel said on Tuesday, when asked about Washington’s warning that it would scale back data-sharing with Berlin if China’s Huawei was allowed to participate. “Security, particularly when it comes to the expansion of the 5G network, but also elsewhere in the digital area, is a very important concern for the German government, so we are defining our standards for ourselves,” Merkel said. “We will also dis
Germany will set own security standards, Merkel says after US warning on Huawei Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-12  Authors: mikhail svetlov, getty images
Keywords: news, cnbc, companies, set, washingtons, merkel, week, standards, huawei, germany, network, united, security, statesus, 5g, warning


Germany will set own security standards, Merkel says after US warning on Huawei

Germany will define its own security standards for a new 5G mobile network, Chancellor Angela Merkel said on Tuesday, when asked about Washington’s warning that it would scale back data-sharing with Berlin if China’s Huawei was allowed to participate.

“Security, particularly when it comes to the expansion of the 5G network, but also elsewhere in the digital area, is a very important concern for the German government, so we are defining our standards for ourselves,” Merkel said.

“We will also discuss these questions with our partners in Europe, as well as the appropriate offices in the United States.”

U.S. Ambassador Richard Grenell last week sent a letter to Germany’s Economy Minister Altmaier warning of security concerns linked to Huawei’s role in building critical infrastructure.


Company: cnbc, Activity: cnbc, Date: 2019-03-12  Authors: mikhail svetlov, getty images
Keywords: news, cnbc, companies, set, washingtons, merkel, week, standards, huawei, germany, network, united, security, statesus, 5g, warning


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Germany will set own security standards, Merkel says after US warning on Huawei

Germany will define its own security standards for a new 5G mobile network, Chancellor Angela Merkel said on Tuesday, when asked about Washington’s warning that it would scale back data-sharing with Berlin if China’s Huawei was allowed to participate. “Security, particularly when it comes to the expansion of the 5G network, but also elsewhere in the digital area, is a very important concern for the German government, so we are defining our standards for ourselves,” Merkel said. “We will also dis


Germany will define its own security standards for a new 5G mobile network, Chancellor Angela Merkel said on Tuesday, when asked about Washington’s warning that it would scale back data-sharing with Berlin if China’s Huawei was allowed to participate. “Security, particularly when it comes to the expansion of the 5G network, but also elsewhere in the digital area, is a very important concern for the German government, so we are defining our standards for ourselves,” Merkel said. “We will also dis
Germany will set own security standards, Merkel says after US warning on Huawei Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-12  Authors: mikhail svetlov, getty images
Keywords: news, cnbc, companies, set, washingtons, merkel, week, standards, huawei, germany, network, united, security, statesus, 5g, warning


Germany will set own security standards, Merkel says after US warning on Huawei

Germany will define its own security standards for a new 5G mobile network, Chancellor Angela Merkel said on Tuesday, when asked about Washington’s warning that it would scale back data-sharing with Berlin if China’s Huawei was allowed to participate.

“Security, particularly when it comes to the expansion of the 5G network, but also elsewhere in the digital area, is a very important concern for the German government, so we are defining our standards for ourselves,” Merkel said.

“We will also discuss these questions with our partners in Europe, as well as the appropriate offices in the United States.”

U.S. Ambassador Richard Grenell last week sent a letter to Germany’s Economy Minister Altmaier warning of security concerns linked to Huawei’s role in building critical infrastructure.


Company: cnbc, Activity: cnbc, Date: 2019-03-12  Authors: mikhail svetlov, getty images
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Watch two experts weigh in on Elizabeth Warren’s proposal to break up the big tech companies

Watch two experts weigh in on Elizabeth Warren’s proposal to break up the big tech companies5 Hours AgoEd Lee, media reporter for the New York Times, and Aneesh Chopra, the first chief technology officer of the United States and currently the president of data intelligence company CareJourney, join CNBC’s “SquawkBox” team to discuss Democratic 2020 candidate Senator Elizabeth Warren’s plan to break up the big tech companies.


Watch two experts weigh in on Elizabeth Warren’s proposal to break up the big tech companies5 Hours AgoEd Lee, media reporter for the New York Times, and Aneesh Chopra, the first chief technology officer of the United States and currently the president of data intelligence company CareJourney, join CNBC’s “SquawkBox” team to discuss Democratic 2020 candidate Senator Elizabeth Warren’s plan to break up the big tech companies.
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Watch two experts weigh in on Elizabeth Warren's proposal to break up the big tech companies

Watch two experts weigh in on Elizabeth Warren’s proposal to break up the big tech companies

5 Hours Ago

Ed Lee, media reporter for the New York Times, and Aneesh Chopra, the first chief technology officer of the United States and currently the president of data intelligence company CareJourney, join CNBC’s “SquawkBox” team to discuss Democratic 2020 candidate Senator Elizabeth Warren’s plan to break up the big tech companies.


Company: cnbc, Activity: cnbc, Date: 2019-03-12
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US airlines try to calm nervous travelers after fatal crash of Boeing 737 MAX jet in Ethiopia

U.S. airlines attempted Monday to assure nervous customers that the Boeing 737 MAX jets they fly are safe, a day after one of the new jets operated by Ethiopian Airlines crashed outside of Addis Ababa and killed all 157 people on board. “We have not relaxed our fare rules or restrictions at this point,” said Southwest Airlines spokesman Chris Mainz. The airline has 14 of the Boeing 737 MAX 8s in its fleet and has not changed its ticket-change polices as of Monday morning. The Association of Flig


U.S. airlines attempted Monday to assure nervous customers that the Boeing 737 MAX jets they fly are safe, a day after one of the new jets operated by Ethiopian Airlines crashed outside of Addis Ababa and killed all 157 people on board. “We have not relaxed our fare rules or restrictions at this point,” said Southwest Airlines spokesman Chris Mainz. The airline has 14 of the Boeing 737 MAX 8s in its fleet and has not changed its ticket-change polices as of Monday morning. The Association of Flig
US airlines try to calm nervous travelers after fatal crash of Boeing 737 MAX jet in Ethiopia Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-11  Authors: leslie josephs, wang shoubao, xinhua news agency, getty images, tiksa negeri
Keywords: news, cnbc, companies, calm, travelers, airlines, fatal, jet, boeing, flight, southwest, safe, max, crash, 737, planes, nervous, ethiopia, try, attendants, united


US airlines try to calm nervous travelers after fatal crash of Boeing 737 MAX jet in Ethiopia

U.S. airlines attempted Monday to assure nervous customers that the Boeing 737 MAX jets they fly are safe, a day after one of the new jets operated by Ethiopian Airlines crashed outside of Addis Ababa and killed all 157 people on board.

Accident investigators from Ethiopia and the U.S. are looking for clues in what brought down the flight and analysts have cautioned that it’s too early to know the cause.

The crash has sparked concern among some flight attendants and members of the public, who asked airlines on social media whether these planes are safe and in some cases, whether they can switch their flights.

“We have not relaxed our fare rules or restrictions at this point,” said Southwest Airlines spokesman Chris Mainz. Southwest had 34 of Boeing 737 MAX 8 planes in its fleet of about 750 as of the end of last year and remains “confident in the safety and airworthiness” of its aircraft, the carrier said in a statement.

Southwest doesn’t charge flight-change fees like other airlines but passengers flying on different days and flights will have to pay a difference in fare.

American Airlines issued a similar statement and said it had full confidence in its planes and crewmembers. The airline has 14 of the Boeing 737 MAX 8s in its fleet and has not changed its ticket-change polices as of Monday morning.

Some cabin crewmembers have expressed concerns about the crash.

The Association of Flight Attendants, which represents 50,000 flight attendants at 20 airlines including United, said it was formally requesting that the Federal Aviation Administration investigate the plane. United operates a larger model of the Boeing 737 MAX.

“While it is important that we not draw conclusions without all of the facts, in the wake of a second accident, regulators, manufacturers and airlines must take steps to address concerns immediately,” said AFA’s international President Sara Nelson.


Company: cnbc, Activity: cnbc, Date: 2019-03-11  Authors: leslie josephs, wang shoubao, xinhua news agency, getty images, tiksa negeri
Keywords: news, cnbc, companies, calm, travelers, airlines, fatal, jet, boeing, flight, southwest, safe, max, crash, 737, planes, nervous, ethiopia, try, attendants, united


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Bill Gates-backed Impossible Burger CEO Patrick Brown on fighting meat

When Pat Brown was working in his research lab in 2009, he had “zero” intention of starting a business — much less one that would win United Nations backing and investment from the likes of Microsoft founder Bill Gates. No, his goal then was “simple.” “I basically decided I was going to look for the most important problem that I could have the opportunity of solving,” he told CNBC Make It. But when the former pediatrician-turned-Stamford professor discovered what that problem was — namely the “c


When Pat Brown was working in his research lab in 2009, he had “zero” intention of starting a business — much less one that would win United Nations backing and investment from the likes of Microsoft founder Bill Gates. No, his goal then was “simple.” “I basically decided I was going to look for the most important problem that I could have the opportunity of solving,” he told CNBC Make It. But when the former pediatrician-turned-Stamford professor discovered what that problem was — namely the “c
Bill Gates-backed Impossible Burger CEO Patrick Brown on fighting meat Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: karen gilchrist, impossible foods, bloomberg
Keywords: news, cnbc, companies, fighting, zero, told, ceo, system, problem, brown, solving, working, impossible, united, bill, patrick, simplei, win, starting, burger, meat, gatesbacked


Bill Gates-backed Impossible Burger CEO Patrick Brown on fighting meat

When Pat Brown was working in his research lab in 2009, he had “zero” intention of starting a business — much less one that would win United Nations backing and investment from the likes of Microsoft founder Bill Gates.

No, his goal then was “simple.”

“I basically decided I was going to look for the most important problem that I could have the opportunity of solving,” he told CNBC Make It.

But when the former pediatrician-turned-Stamford professor discovered what that problem was — namely the “catastrophic” use of animals in our food system” — he realized he had to go “all in.”


Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: karen gilchrist, impossible foods, bloomberg
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