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Allegiant Air shares continue to fall in the aftermath of a news report that is raising serious safety questions about the low-cost carrier.
Allegiant is defending its safety and says the report by CBS News’ “60 Minutes” tells a “false narrative” about the airline. Investors, however, fear that the negative publicity will cause travelers to avoid Allegiant, which has a fleet including many older planes that typically require more maintenance. Continue reading
Being on an airplane more than six miles in the air when an engine blows up and sends shrapnel through a window is an experience so scary that aviation lawyers say it’s not just the family of the woman killed on a Southwest Airlines Co. flight this week who could have a case. Continue reading
General Motors Co. is seeking U.S. government approval for a fully autonomous car – one without a steering wheel, brake pedal or accelerator pedal – to enter the automaker’s first commercial ride-sharing fleet in 2019, executives said. Continue reading
The U.S. Department of Justice on Thursday issued a memo on federal marijuana enforcement policy, telling all U.S. attorneys to enforce the Controlled Substances Act, which classifies marijuana as an illegal drug. Continue reading
Clark County commissioners Wednesday gave the Howard Hughes Corp. permission to build a proposed 10,000-seat baseball stadium in Downtown Summerlin. Continue reading
Terrorist attacks, large cyber attacks, and misuse of technology are the top risks facing businesses in the United States, according the World Economic Forum survey released Wednesday. Continue reading
More and more Americans are spending their golden years on the job.
Almost 19 percent of people 65 or older were working at least part-time in the second quarter of 2017, according to the U.S. jobs report released on Friday. The age group’s employment/population ratio hasn’t been higher in 55 years, before American retirees won better health care and Social Security benefits starting in the late 1960s. Continue reading
