In a statement late on Monday, United Airlines said the current U.S. 5G wireless rollout plan is likely to negatively impact an estimated 1.25 million United passengers and at least 15,000 flights annually. United Airlines urged the Biden Administration to… Read More ›
Chicago
US FAA lists 50 airports where 5G will be deployed with buffer zone
In a statement the Federal Aviation Administration (FAA) listed 50 U.S. airports which will feature buffer zones wherein wireless carriers can turn on new 5G C-band services from January 19, 2022. On Monday, Verizon Communications, and AT&T agreed to create buffer… Read More ›
Boeing agrees to pay compensation to victims of Ethiopian Airlines 737 MAX crash
A filing in U.S. District Court in Chicago shows, Boeing Co has agreed to acknowledge liabilities for compensatory damages in lawsuits filed by families of the 157 people killed in the 2019 Ethiopian Airlines 737 MAX crash. Following an agreement between… Read More ›
TPH hires Morgan Stanley and JPMorgan Chase for potential sale of Astound
According to sources familiar with the matter at hand, private equity firm TPG is exploring the potential sale of Astound in a deal that could value the “owner of a U.S. network of regional cable TV and internet providers at… Read More ›
CME Group closes trading floor on coronavirus concerns
Exchange operator CME Group Inc stated, it would close its Chicago trading floor after business hours on Friday in order to reduce potential exposure to China’s coronavirus which has gone pandemic. China’s coronavirus, which began in Wuhan where Beijing has… Read More ›
Ford to invest $50 million in Chicago plant for assembling hybrid electric SUVs
The plant, which currently modifies vehicles for police use, will be upgraded and the existing work will be transferred to a nearby facility. 450 jobs will be created by this move. In a statement Ford Motor Co said, it would… Read More ›
Dutch citizens file U.S. lawsuit against Boeing over Ethiopian Airlines crash
The U.S lawsuit, filed in a Chicago federal court, was filed by Musoni’s three minor children, who are Dutch citizens residing in Belgium. A lwuaist has been filed against airplane maker Boeing Co in a U.S. federal court in what… Read More ›
Comcast enters wireless market riding on Verizon’s back
The wireless market in the U.S. is getting hotter with cable providers crowding in. In a strategic move which will have a significant impact on Comcast Corp, the company has unveiled a wireless service with an unlimited data plan, thus… Read More ›