A plane carrying 162 people slid off of a runway and nearly went off a cliff into the sea

 TRABZON, Turkey — A passenger jet carrying 162 people got stuck on a cliff’s edge moments after skidding off a runway early Sunday at Turkey’s Trabzon Airport. According to The Associated Press, no one was hurt in the incident, and everyone on board was evacuated safely. The airport was closed temporarily. Authorities said they did… Please follow and like us:

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Rebooting Canada’s failed NAFTA strategy

By Danny Lam, Research Associate Environment & Security, University of Waterloo. Canada’s NAFTA strategy is in big trouble. Prime Minister Justin Trudeau is seen here meeting with U.S. President Donald Trump in the Oval Office of the White House in February 2017. (THE CANADIAN PRESS/Sean Kilpatrick) Canada’s NAFTA strategy is in trouble, to the extent that… Please follow and like us:

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Boeing tops Airbus in 2017 with new jet-production record

SEATTLE — Boeing released its 2017 jet-order and delivery data Tuesday, confirming that for the sixth year in a row it was the world’s top manufacturer of airplanes. In a new production record, Boeing built and delivered 763 airplanes in 2017, up from 748 jets the previous year. Its previous record was 762, set in 2015.… Please follow and like us:

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More Businesses Raise Wages, Give Bonuses in Wake of Tax Cuts

More businesses are announcing bonuses, higher minimum wages, and new benefits for employees after passage by Congress of Republicans’ tax reform bill. An email from House Speaker Paul Ryan’s press office highlights 33 businesses—including Aflac, Associated Bank, and PNC Bank—that have announced raises, bonuses, and other improvements for employees. In moves that may defuse efforts to… Please follow and like us:

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2018 Forecast: Can The Army Reinvent Itself?

The Army Chief of Staff, Gen. Mark Milley, checks out a cyber/electronic warfare unit at the National Training Center. WASHINGTON: Over the next few weeks, US Army leaders will make major decisions about the Futures Command they’re standing up this summer. The new organization will be the biggest departure in how the Army buys weapons in… Please follow and like us:

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Boeing discussing potential multibillion-dollar takeover of jetmaker Embraer

SEATTLE — Boeing is discussing a potential multibillion-dollar takeover of regional jetmaker Embraer of Brazil, the two companies said Thursday. A deal is by no means certain since the Brazilian government would have to approve the sale of a company considered the crown jewel of the country’s manufacturing sector. A successful transaction would be Boeing’s largest… Please follow and like us:

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Boeing wants to beat SpaceX to Mars. Elon Musk: “Do it”

It’s just a statement, but it’s a pretty clear statement. The journey to Mars just got a bit hotter. Image via NASA. Since the early 2000s, several entrepreneurs have started to develop competitive spaceflight alternatives, breaking what was, until then, a state monopoly. A few companies have managed to bring on significant innovations and reduce costs… Please follow and like us:

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China-US companies’ deals signed during Trump’s visit to China

Business leaders shake hands during a meeting with US President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, Nov 9, 2017. [Photo/VCG] Chinese and US companies signed 34 deals worth $253.5 billion during US President Donald Trump’s state visit to China. These deals involved energy, the chemical industry,… Please follow and like us:

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Europe – Airbus warns of fraud probe damage despite profits leap

European aircraft-builder Airbus announced a leap in profits in the third quarter of 2017 but warned that its financial performance could take a hit from corruption investigations in France and … “The investigations initiated by the UK’s Serious Fraud Office (SFO) and France’s Parquet National Financier (PNF)… could have a material impact on the financial statements,… Please follow and like us:

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Boeing churns out jets and profits, but Air Force tanker’s problems dent earnings

SEATTLE — Though Boeing reported strong profits and cash flow Wednesday, the company’s stock declined as the jetmaker announced yet another charge that added $329 million to the continuing cost overruns on the KC-46 Air Force tanker. Despite that, management expressed great confidence in the company’s strategic trajectory and said Boeing is unfazed by Airbus’s surprise… Please follow and like us:

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Analysis: Analysts pan Boeing strategy in pushing for tariffs on Canada’s smaller jet

SEATTLE — Leading aerospace analysts are being highly critical of Boeing’s push to impose steep tariffs on U.S. sales of Bombardier’s small CSeries passenger jet, saying the case will damage the long-term interests of both Boeing and the U.S. aerospace industry. “The free market and free competition are good for us,” said Adam Pilarski, a senior… Please follow and like us:

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$2 million competition aims to make jetpacks a reality by 2019

GoFly dreams of a personal flying machine with range of 20 miles Flying Police in the Year 2000, French Postcard from 1899 People have dreamed of personal flying machines for centuries. Jean Marc Cote, via Wikimedia Commons The dream of flight was never meant to be confined to a 28-inch seat with 150 strangers and miniature… Please follow and like us:

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Difficult NAFTA round three set to start in Canada

The third round of talks on revamping NAFTA, which start Saturday in Ottawa, are expected to be punishing as diplomatic tensions mount. Over the course of a week, negotiators will hammer out details of the broad proposals submitted by some 20 working groups during the previous round of talks on the North American Free Trade Agreement… Please follow and like us:

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Boeing, Lockheed Submit UH-1N Replacement Bids

ABOVE DULLES AIRPORT: Eager to get out its message that the Boeing-Leonardo MH-139 helicopter would save the US taxpayer $1 billion as the replacement of the UH-1N helicopter, Boeing flew several journalists this afternoon to demonstrate its capabilities. (Boeing’s Rick Lemaster makes the case in our video above). Boeing also delivered nine boxes to the Defense… Please follow and like us:

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Boeing outsells Airbus at Paris Air Show

SEATTLE — On the final business day of the Paris Air Show, Boeing emerged the clear winner over rival Airbus thanks largely to sales of the 737 MAX. The 737 MAX 10 successfully launched in Paris was “clearly the star of the show,” said Boeing vice president for marketing Randy Tinseth, who said additional Boeing widebody… Please follow and like us:

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