Underwater drone to investigate sonar contacts in MH370 hunt
Underwater drone to investigate sonar contacts in MH370 hunt A ship involved with the deep-sea sonar search for missing Malaysia Airlines Flight 370 is being fitted with a drone to examine several sonar contacts of interest on the remote seabed west of Australia. The Australian Transport Safety Bureau said on Wednesday that none of the sonar contacts exhibit the characteristics of a typical aircraft debris field. But some of the contacts exhibit m..>> view originalMarriott to move headquarters to downtown Bethesda with $62 million in incentives
Signage for the New York Marriott Marquis is seen in Manhattan, New York, November 16, 2015. (REUTERS/Andrew Kelly/File Photo) This story has been updated Marriott International announced plans to move its headquarters to downtown Bethesda Tuesday, opting to remain in Montgomery County after getting a commitment for up to $62 million in taxpayer-funded subsidies. For Marriott, now the largest hotel company in the world, the deal marks the second publicly funded incentive package the $17.3 bi..>> view originalProsecutors Indict 5 Lotte Family Members on Corruption
SEOUL, South Korea รข€” Prosecutors said Wednesday they indicted the Lotte Group's founder, his mistress and all of his three children on embezzlement, tax evasion and other charges, in the latest case highlighting the outsized influence of founding families over South Korean publicly listed companies.Five family members including Lotte's founder Shin Kyuk-ho, 94, and the group's current chair, Shin Dong-bin, 61, together allegedly evaded a total $76 million in taxes and embezzled $46 million o..>> view originalDelta unveils new uniforms for 60000 frontline workers
Like this topic? You may also like these photo galleries:AutoplayShow ThumbnailsShow CaptionsLast SlideNext SlideDelta Air Lines gave a first look at long-awaited new crew uniforms for more than 60,000 workers Tuesday during a “fashion show” rollout in the company’s hometown of Atlanta.To help create the new uniforms, Delta turned to celebrity New York fashion designer Zac Posen, whose work has included outfits for high-profile women such as first lady Michelle Obama, Uma Thurman, Gwyneth Paltro..>> view originalFiat Chrysler recalls trucks, cars to fix alternator problem
By Associated Press October 18 at 7:20 PM DETROIT — Fiat Chrysler is recalling more than 86,000 trucks and police cars mainly in North America to fix a short circuit in the alternators that can cause engine stalling or fires. The recall covers certain 2007 through 2013 Ram 2500 and 3500 pickup trucks, as well as Ram 4500 and 5500 chassis cabs. Also covered are some 2011 through 2014 Charger police cars. The company says diodes inside the alternators can wear out under frequent hot-temperatur..>> view originalDollar recedes from seven-month peak, lifts oil
LONDON The U.S. dollar fell from a seven-month peak on Wednesday, combining with signs of an easing supply glut to help lift oil prices back towards a one-year high. A weaker dollar boosts oil, which gained around 1 percent on Wednesday, since it makes fuel cheaper for countries using other currencies.The bounce in commodity prices has helped bolster inflation expectations in the euro zone, nudging the bloc's bond yields further away from the record lows struck after Britain voted to leave th..>> view originalStarbucks Names Its First China CEO
Starbucks on Wednesday named its first chief executive officer for China and said it plans to more than double its store count in that country to 5,000 by 2021. The world’s biggest coffee chain promoted Belinda Wong to the title of CEO of Starbucks sbux China. Wong, who had been president of that operation, will continue to report to John Culver, group president of Starbucks Global Retail. Among other things, Wong will oversee the opening of Starbucks’ first international Roastery and Re..>> view originalIt looks like China's great slowdown is over for now
Kevin Frayer/Getty Images China’s economy produced the goods again last quarter, growing at the same pace seen in the first half of the year. According to China’s National Bureau of Statistics (NBS), the economy grew by 6.7% year-on-year in the September quarter, a figure that was in line with expectations. In seasonally adjusted terms, the economy grew by 1.8% during the quarter, again in line with expectations. The June quarter growth rate, previously reported at 1.8..>> view originalYahoo Looks to Bright Side After Breach
Yahoo Inc. on Tuesday posted an increase in third-quarter profit and said usage of its email product has increased slightly since disclosing a massive data breach that was announced last month, rare bits of good news as it clings to a deal to sell itself to Verizon Communications Inc. The number of mail messages sent and read, as well as the number of page views, rose slightly since Yahoo’s announcement on Sept. 22 that user data...>> view originalSpending cuts a must in Gulf despite oil recovery: IMF
DUBAI - A modest recovery in oil prices falls short of filling budgetary gaps in crude-exporting Gulf countries, the International Monetary Fund said, stressing the need to cut spending. The price of oil has partially rebounded and is hovering around $50 per barrel having hit a 10-year low of less than $30 in January The price of the region's main commodity has partially rebounded and is hovering around $50 per barrel having hit a 10-year low of less than $30 in January, from a peak of more tha..>> view original
Monday, October 31, 2016
Underwater drone to investigate sonar contacts in MH370 hunt and other top stories.
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