This is a roundup of news that I have come across during the day. Here you can read about Boeing Max now safe to fly in Europe, Amtrak’s new flash sale offers up to $500 discount, Airbus’ ZEROe program, Robinhood accounts hacked, and white-collared job losses
Europe’s top aviation regulator said he’s satisfied that changes to Boeing Co.’s 737 Max have made the plane safe enough to return to the region’s skies before 2020 is out, even as a further upgrade his agency demanded won’t be ready for up to two years. While the Federal Aviation Administration, Boeing’s main certification body, is further along in its review, it has held back from making predictions about the timing. FAA chief Steve Dickson flew the Max late last month and said he was “very comfortable,” but the process wasn’t complete.
If a cross-country train journey sounds appealing right now, this new Amtrak deal will be right up your alley, especially for anyone looking for a couples getaway before the days turn cold. Amtrak is launching a flash sale that offers up to $500 off rail vacation per couple, depending on the length of your trip. The flash sale, which was announced on October 5, allows couples to save $300 on three- to six-night vacations, $400 on seven- to nine-night vacations, and $500 on vacations 10 nights or more. Travel must be booked by October 23 and is valid for travel in 2020, 2021, or 2022.
It’s a bold plan, and one that just a few short months ago might have seemed fanciful as demand for fossil fuel-powered air travel continued to rise, apparently immune to growing environmental concerns. But the arrival of Covid-19 and its impact on aviation could’ve inadvertently cleared a flight path of opportunity for efforts to rethink the technology of getting the world up into the air. Airbus has baptized its new program ZEROe. The designs revealed aren’t prototypes but a starting point to explore the tech needed in order to start building the first climate-neutral commercial planes.
Nearly 2,000 Robinhood accounts were infiltrated by hackers who stole money from the popular stock-trading app’s users, a new report says. The estimate — which the financial startup has not publicly confirmed — came from an internal review of the hacking activity that looted thousands of dollars from Robinhood users in recent weeks, Bloomberg News reported Thursday.
While U.S. banks have emerged from the early months of the pandemic mostly unscathed, that could change as wealthier borrowers start to lose their jobs, Discover Financial Services Chief Executive Officer Roger Hochschild said. “I’m really worried about unemployment,” Hochschild said in an interview with Bloomberg Television. “I do feel like it’s spreading more toward white-collared jobs. A lot of companies are reacting to the environment and cutting back.”