Southwest pushes back expected return of troubled Boeing jet
Southwest Airlines is delaying expectations for return of the Boeing 737 Max, which remains grounded after two deadly crashes.
Business
Jun 13, 2019
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Business news
Hillwood wants to turn AllianceTexas into 'mobility innovation zone' for drones, autonomous vehicles
When Uber announced it would develop and test an urban air taxi service in Dallas, the Perot family's Hillwood was among the first companies to sign on as one of the ride-hailing company's business partners.
Business
Jun 13, 2019
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Online shopping: Why its unstoppable growth may be coming to an end
Many people probably assume that online stores are making a fortune, without all the costly bricks and mortar. But the reality is rather different. Many e-commerce activities are, in fact, unprofitable; if people had to pay ...
Consumer & Gadgets
Jun 12, 2019
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20
France's Dassault to acquire Medidata for $5.8 billion
French software company Dassault Systems says it will buy U.S.-based Medidata Solutions for $5.8 billion in cash.
Business
Jun 12, 2019
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4
Uber names Melbourne as first non-US city for flying car program
Uber on Tuesday selected Melbourne, Australia, as the first non-US city for its aerial ridesharing service that is expected to launch in 2023, as it unveiled new partners for the ambitious initiative.
Business
Jun 12, 2019
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Tesla CEO lifts shareholder spirits, takes aim at media
Tesla CEO Elon Musk assured shareholders the electric car maker has recovered from a disappointing start this year and promised to counter media coverage that he believes has distorted perceptions about the unprofitable company's ...
Business
Jun 12, 2019
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American Airlines cancels 737 MAX flights through September 3
American Airlines has canceled all scheduled flights with Boeing 737 MAX jets through September 3, extending the grounding of its fleet after two crashes involving the same aircraft model killed 346 people.
Business
Jun 11, 2019
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Ryanair buys Malta Air startup to target African markets
Irish no-frills airline Ryanair said Tuesday that it will buy Maltese startup Malta Air, forming a new division that reaches more markets in north Africa from the Mediterranean island.
Business
Jun 11, 2019
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Uber hurt by political 'market swirl' after IPO, CEO says
Uber chief executive Dara Khosrowshahi said Tuesday the company's slump following its share offering last month was due to a "market swirl" over tariffs that won't affect its long-term performance.
Business
Jun 11, 2019
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A platform for Africa's mobile innovators
Sam Gikandi '05 SM '06 and Eston Kimani '05 have always believed in the potential of Africa's entrepreneurial community. Their years at MIT, beginning in 2001 when they left their home country of Kenya, only reinforced that ...
Business
Jun 11, 2019
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