Daily Archive: November 19, 2020

The Boeing 737 Max faces an even tougher hurdle now: passenger fear

Fatal flaws in the Boeing Co. 737 Max have been addressed and the plane is now safe to fly, U.S. aviation regulators contend. Yet for many airline travelers, a central question remains: Do I feel safe flying in a plane that crashed twice, killing 346 people?

“There’s no way I’m flying it, period,” said Jon Bonne, a New York-based food and wine writer. “No one in commercial aviation scraps a bad airplane and just starts over. So we’re stuck with the Max.”

The Max’s catastrophic failures were attributed to Boeing’s shortcomings and U.S. regulators’ deference to the industry they govern. “That’s what caused the Max to get off the factory line with a whole lot of problems,” said Jerry Elams, a sales executive in Austin, Texas, who plans to “wait a couple of years” before flying on a Max, even if it means adding a connection to one of his trips.… Read More

Wall Street set to decline on surging coronavirus infections By Reuters

© Reuters. The New York Stock Exchange is pictured

By Sruthi Shankar

(Reuters) – Futures pointed to a weak start for Wall Street’s main indexes on Thursday on fears that soaring COVID-19 cases will stifle growth in the world’s largest economy.

The S&P 500 index () was set for its third straight session of losses, retreating further from an all-time high hit on Monday after positive data was released on a coronavirus vaccine.

The U.S. death toll from COVID-19 surpassed a grim new milestone of 250,000 on Wednesday as New York City’s schools called a halt to in-classroom instruction, the latest in restrictions to curb the spread of the virus.

While trillions of dollars in stimulus and optimism around a vaccine have driven Wall Street to record highs following a coronavirus-driven crash in March, investors are wary of the near-term damage caused by tightening restrictions and in the absence of

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