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Business News - ArcaMax Publishing

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Qatar Airways wants to buy 10 percent stake in American Airlines


FORT WORTH, Texas -- Qatar Airways wants to purchase a 10 percent stake in American Airlines, a move called "puzzling" by the Fort Worth-based airline's top executive and criticized by union leaders. In a memo to employees, CEO Doug Parker noted ...

Uber employees petition for former CEO Travis Kalanick's return


SAN FRANCISCO -- The majority of Uber's investors may have wanted its co-founder and chief executive Travis Kalanick out, but some employees of the ride-hailing company are already calling for his return. In a petition that began circulating ...

Conservative commentator Hugh Hewitt gets a show in MSNBC's weekend expansion


MSNBC is expanding its live news programming lineup, including a new Saturday show hosted by conservative commentator Hugh Hewitt. Hewitt, best known as a host for the right-leaning Salem Radio Network, will have a half-hour Saturday morning ...

Boeing outsells Airbus at Paris Air Show


On the final business day of the Paris Air Show, Boeing emerged the clear winner over rival Airbus thanks largely to sales of the 737 MAX. Randy Tinseth, Boeing vice president for marketing, said in a phone interview on Thursday from Paris that ...

Tesla explores setting up a factory in China


Tesla Inc. is working with the city of Shanghai to "explore the possibility" of opening a factory in the area, the maker of electric cars confirmed Thursday. Sales in China generate a hefty chunk of Tesla's revenue, and moving some manufacturing ...

Yellen's future at Fed resisted by Trump aides wanting new blood


WASHINGTON -- Federal Reserve Chair Janet Yellen's candidacy for another term is encountering resistance from some Trump administration advisers who want a new leader at the U.S. central bank, according to two administration officials, even as the...

Michael Hiltzik: With Uber CEO departure, we'll now see the real value of the firm


Now that its bad-boy co-founder Travis Kalanick has resigned as Uber's CEO, the question will be asked: Is Kalanick's departure bad for Uber, or good for Uber? The answer is yes. It's good for Uber, because the company has a better chance of ...

The Mortgage Professor: Down payment assistance and defaults


Do down payment assistance programs result in more defaults? The answer to that question depends on whether or not the assistance weakens the role of down payments in minimizing mortgage defaults and losses from defaults. Such losses are borne by...

Consumer Confidential: Trump's answer to the obesity epidemic: Here, have a cookie


The most attention-getting news out of the food industry last week was Amazon's announcement Friday that it's buying Whole Foods for nearly $14 billion. But that wasn't the most important news. The most important news was a largely overlooked ...

Real estate Q&A: Delinquent owners can't serve on condo or HOA boards


Q: I found out one of the board members of our association is delinquent in paying the monthly dues. How is this OK? -- Frank A: It's not OK. In Florida, the law doesn't permit people who are delinquent in any association obligations to serve on...