Rolls-Royce plans two-week shutdown of civil aerospace business

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Rolls-Royce plans two-week shutdown of civil aerospace business

(Reuters) – Britain’s Rolls-Royce said on Sunday it is proposing a two week operational shutdown of its civil aerospace unit over the summer as it manages costs due to the impact of the COVID-19 pandemic. The aero-engine maker has begun talks with …
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Yellen Warns Jobs Will be Slow to Rebound Without Stimulus

The U.S. labor market is stalling and in a “deep hole” that could take years to escape if lawmakers do not quickly pass an aid package that gives workers a bridge to the end of the pandemic, Treasury Secretary Janet L. Yellen warned on Sunday. By contrast …
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Average US price of gas up 5 cents a gallon to $2.50

“Invention is the root of our success.” So said Jeff Bezos, who – among other things – founded Amazon.com 27 years ago, grew it into a trillion-dollar company and, along the way, became the world’s second-richest person.
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'Shot fired' in possible standoff situation in Lansford

CARBON COUNTY, Pa. — Multiple police departments were in Lansford Sunday afternoon due to a possible standoff situation. According to a 69 News photojournalist on the scene, police were walking around the area of the 200 block of West Abbott St. with …
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Amazon 'paying less business rates than retailers'

The online retail giant’s recent financial results revealed that UK sales for 2020 totalled $26.5bn (£19.3bn) – a 51% jump from $17.5bn in 2019. Amazon added that …
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