United Airlines finds pinched wire in beacon on Dreamliner

United Airlines finds pinched wire in beacon on DreamlinerThe United Airlines has said that it found pinched wire in an emergency beacon on its Dreamliner airplanes and it has been replaced.

ANA, which is the biggest operator of 787s, said that the company found a dented wire in a fixed beacon and another in a portable beacon during the previous week. The airline has since removed all beacons from the eight 787s that were used in the domestic service. Boeing Co has reportedly asked the operators to investigate emergency beacons on several planes.

Amazon planning to add 7,000 jobs to meet demand

Amazon planning to add 7,000 jobs to meet demandUS online retailing giant, Amazon has said on Monday that it is planning to add 7,000 jobs in an effort to meet the growth in demand from tis customers.

New York’s fast-food workers hosts one-day strike

New York’s fast-food workers hosts one-day strikeHundreds of fast-food workers walked out of McDonald's, Burger King and Wendy's restaurants across New York on Monday to take part in a strike to demand better pay and other aspects.

The workers are demanding the right to unionize and asking for the minimum wage to be increased from $7.25 to $15 an hour. They also said the companies should abolish, what they described as "abusive labor practices." Workers gathered outside stores and chanted to express their demands.

Hudson’s Bay to acquire luxury retailer, Saks Inc

Hudson’s Bay to acquire luxury retailer, Saks IncHudson's Bay Company headed by Mr. Richard A. Baker, is planning to acquire one of the oldest and most revered names in luxury retailing, Saks in a cash deal valued at $2.4 billion.

Real estate major, Baker had acquired department store chain Lord & Taylor in 2006, a move that was looked with doubt at that time. Mr. Baker has been working with the industry not for years and is planning to merge Saks with Lord & Taylor and the Canadian chain Hudson's Bay to create a respectable player in the industry.

JPMorgan Chase blamed for manipulating energy markets

JPMorgan Chase blamed for manipulating energy marketsThe energy sector regulator in the US has accused financial giant, JPMorgan Chase for its involvement in manipulating the energy markets.

Experts have said that JPMorgan Chase is likely to reach a settlement with the regulator in the country. The Federal Energy Regulatory Commission's accusation against the company comes ahead of a likely settlement involving millions of dollars. The settlement would allow the company to avoid accusations that displayed trading strategies in a way that it showed inefficient power plants into profit centres.

George Clooney played no pranks on Sandra Bullock

George Clooney played no pranks on Sandra BullockLos Angeles, July 30 : Actor George Clooney is known for being a prankster on sets, but while working on the movie "Gravity", he couldn't manage to pull a fast one on his co-star Sandra Bullock because the movie was so tough and kept them busy.

Bullock has revealed that she was excused because of the hectic schedule, reports femalefirst. co. uk .

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