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Bill de Blasio corrects Ocasio-Cortez’s claim about spending Amazon tax break money – Fox News

Bill de Blasio corrects Ocasio-Cortez’s claim about spending Amazon tax break money – Fox News

Business
. New York City Mayor Bill de Blasio, left, said Sunday that Democratic Rep. Alexandria Ocasio-Cortez, right, was wrong to have claimed the collapse of the Amazon deal would free up $3 billion to fix the city’s subways and hire more teachers. (AP) New York City Mayor Bill de Blasio suggested on Sunday that critics of the potential Amazon campus New York City — such as Democratic Rep. Alexandria Ocasio-Cortez — got the facts wrong over the money behind the tax breaks.On Sunday morning, de Blasio responded in the affirmative when Chuck Todd of NBC News’ “Meet the Press” asked if the tax breaks offered to Amazon weren’t “money you had over here. And it was going over there.”The Democratic mayor said: “And ...
Baby born on JetBlue plane named ‘Born to Be Blue’ – St. Lucia News Online

Baby born on JetBlue plane named ‘Born to Be Blue’ – St. Lucia News Online

Business
. By Andrew V. Pestano Share This On:NBC 6 exclusively obtained footage of a baby being born aboard a JetBlue flight from Puerto Rico to Ft. Lauderdale.(NBC) –A baby was born aboard a JetBlue airplane named “Born to be Blue” in a flight to Fort Lauderdale.In a statement, JetBlue said Friday’s Flight 1954 from San Juan, Puerto Rico, to Fort Lauderdale was met by medical personnel “following the onboard delivery of our youngest customer to date.”“We’d like to thank the crew and medical professionals on board for their quick action under pressure, and wish the new mother and son all the best. Flight 1954 was operated on aircraft N523JB, coincidentally named, ‘Born To Be Blue,'” JetBlue’s corporate communications manager...
Asia bulls dare to hope on trade talks, stimulus – Investing.com

Asia bulls dare to hope on trade talks, stimulus – Investing.com

Business
. © Reuters. A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing By Wayne Cole SYDNEY (Reuters) - Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1 percent, recovering from a sharp fall last Friday. Japan's climbed 1.8 percent to its highest level of the year so far, while Australia's main index rose 0.7 percent. Shanghai blue chips bounced 1.6 percent. But E-Mini futures for the were flat as trade was thinned by a holiday in U.S. markets. The and the Nasdaq had boasted their...
JetBlue passenger kicked off flight after yelling about child, spitting at others – Fox News

JetBlue passenger kicked off flight after yelling about child, spitting at others – Fox News

Business
. Video footage of a drunken JetBlue passenger throwing a tantrum has gone viral online.Valerie Gonzalez was reportedly taking a JetBlue flight from Fort Lauderdale-Hollywood International Airport to Las Vegas on Thursday when she became upset that she was seated next to a three-year-old.HUNDREDS STRANDED AS BRITISH AIRLINE FLYBMI FOLDSAccording to an arrest affidavit, the irate 32-year-old said, “I'm not sitting next to a f------ 3-year-old. I've been drinking all day,” Metro News reported.Fellow passenger Orlando Alzugaray recorded the incident and shared it on Twitter, where it racked up nearly 60K views.MAN ARRESTED AT ORLANDO INTERNATIONAL AIRPORT FOR ATTEMPTED SECURITY BREACHWARNING: Video contains strong language.In the video, Gonzalez appears to be talking to someone ...
Airbus warns of no-deal Brexit, says has spent tens of millions preparing – Reuters

Airbus warns of no-deal Brexit, says has spent tens of millions preparing – Reuters

Business
. Airbus' new BelugaXL super-transporter aircraft arriving for the first time at the company's wing assembly plant at Broughton, near Chester, Britain, February 14, 2019. REUTERS/Peter PowellLONDON (Reuters) - Airbus said on Sunday it would have to make “difficult decisions” about future investment if Britain crashes out of the European Union without a deal, adding it had already spent tens of millions of euros in preparations. “There is no such thing as a managed ‘no deal’, it’s absolutely catastrophic for us,” senior vice president Katherine Bennett told the BBC’s Andrew Marr. “Some difficult decisions will have to made if there’s no-deal (...) we will have to look at future investments.” She said Airbus had already spe...
New York mayor says Amazon headquarters debacle was ‘an abuse of corporate power’ – CNN

New York mayor says Amazon headquarters debacle was ‘an abuse of corporate power’ – CNN

Business
. De Blasio attacked the company Sunday for canceling plans to build a second headquarters in Queens last week. "This is an example of an abuse of corporate power," de Blasio told NBC's Chuck Todd on "Meet the Press." "Amazon just took their ball and went home. And what they did was confirm people's worst fears about corporate America." He made similar comments in a New York Times op-ed Saturday. Amazon (AMZN) canceled the deal just months after announcing plans to split its new, second headquarters between New York and Virginia. The Seattle-based company, which is trying to grow its footprint at home and abroad, spent a year reviewing hundreds of "HQ2" proposals from all over North America before settling on the two regions. Last November, de Blasio cheered the news and promised that i...
Hundreds stranded as British airline Flybmi collapses – Yahoo News

Hundreds stranded as British airline Flybmi collapses – Yahoo News

Business
. LONDON (AP) — Hundreds of passengers throughout Europe have been stranded by the abrupt collapse of the British regional airline Flybmi.British Midland Regional Limited, which operates as Flybmi, said it's filing for administration — a British version of bankruptcy — because of higher fuel costs and uncertainty caused by Britain's upcoming departure from the European Union."Current trading and future prospects have also been seriously affected by the uncertainty created by the Brexit process, which has led to our inability to secure valuable flying contracts in Europe and a lack of confidence around bmi's ability to continue flying between destinations in Europe," the airline said on its website late Saturday.The airline thanked workers for their dedication and said "...
The populist sledgehammer kills Amazon jobs that Middle America would love to have – Washington Examiner

The populist sledgehammer kills Amazon jobs that Middle America would love to have – Washington Examiner

Business
. YOUNGSTOWN, Ohio — Tito Brown can’t imagine driving a perfectly good thing out of a town that hasn’t had a perfectly good thing come its way in a very long time. At least, a perfectly good thing the size and scope of the Amazon headquarters that ideological politics drove out of Long Island City on Thursday, when Democrats including Rep. Alexandria Ocasio-Cortez, D-N.Y., danced on the grave of the deal as Amazon walked away from the New York project. Brown doesn’t really get that. He governs a city with a declining population, a 40 percent poverty rate, and would welcome the opportunity for a project such as Amazon to have considered locating here. “Oh, any time I can get regional and/or...
Bill de Blasio just went on Meet the Press to slam Amazon for all the wrong reasons – Mother Jones

Bill de Blasio just went on Meet the Press to slam Amazon for all the wrong reasons – Mother Jones

Business
. Activists protested Amazon's presence in NYC and won.Wang Ying/Xinhua/ZUMA Wire Looking for news you can trust?Subscribe to our free newsletters. Bill de Blasio became New York City’s mayor in 2014 with a bold populist message about equaling the playing field for all New Yorkers. But when it comes to arguably the most contentious debate over wealth in the city’s recent history—Amazon’s announcement, and then reversal, on opening up a heavily subsidized headquarters in Queens—de Blasio is doing something of a bizarre about-face, arguing that private interests need to be stronger in order to withstand public scrutiny. “The minute there were criticisms, they walked away,” de Blasio argued Sunday on Meet the Pre...