Flash flood warning remains in effect for parts of Monmouth and Ocean counties
LAKEWOOD, N.J. — A flash flood warning remains in effect until 9 p.m. Tuesday for southeastern Monmouth and northeastern Ocean counties as thunderstorms continue to bring heavy rain and dangerous flooding conditions…
Fan blades, engine parts go missing from Go First jets, lessor says
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – From fan blades to escape slides, critical parts are missing from at least two planes of India’s bankrupt Go First airline, its…
Ethiopian Airlines to manufacture parts in venture with Boeing
NAIROBI (Reuters) – Ethiopian Airlines will start manufacturing aircraft parts in a venture with Boeing at an initial cost of $15 million, the government’s investment agency said on Friday. The state-owned carrier,…
SCOTUS Reinstates Rule Regulating Gun Parts Kits As Traditional Firearms
SCOTUS Reinstates Rule Regulating Gun Parts Kits As Traditional Firearms Katelynn Richardson on August 8, 2023 The Supreme Court stayed Tuesday a lower court decision to vacate a rule designed to crack…
Tornado Watch, Severe Flood Warning Issued for Parts of New Jersey Tonight
TOMS RIVER, NJ – Residents and visitors of inland portions of Ocean County, New Jersey, are being urged to brace for potentially hazardous weather conditions in the coming hours. The National Weather…
Auto parts maker Vimercati to open $200 million plant in Mexico, state governor says
By Brendan O’Boyle MEXICO CITY (Reuters) – Auto parts maker Vimercati will invest $200 million to open a plant in the northern Mexican state of Nuevo Leon, the state’s governor, Samuel Garcia,…
BorgWarner’s second-quarter results beat estimates on auto parts demand
(Reuters) – Auto parts supplier BorgWarner reported second-quarter results on Wednesday that beat analysts’ estimates, helped by sustained demand from automakers ramping up output. The Michigan-based company, whose customers include Volkswagen, General…
Auto parts distributor LKQ cuts profit outlook as commodity costs bite
(Reuters) – Auto parts distributor LKQ Corp lowered its full-year profit and sales guidance on Thursday, as falling commodity prices drag down growth prospects. LKQ, which also sells scrap and other materials…
Toyota’s May global sales jump as parts supply shortage eases
TOKYO (Reuters) – Japanese automaker Toyota Motor on Thursday reported a 10% jump in global sales for May from a year earlier, benefiting from growth at home and other key markets on…
Nidec to form joint venture with Brazil’s Embraer to make flying car parts
TOKYO (Reuters) – Nidec said on Sunday that it is teaming up with Brazilian firm Embraer to form a new company that will make parts for flying cars and be set up…
Ex-Harvard morgue manager indicted for trafficking body parts -US prosecutors
By Brad Brooks (Reuters) – The former morgue manager at Harvard Medical School was among five people indicted by a grand jury on Wednesday over allegations they stole and sold body parts…
New Legislation Targets 3D-Printed Firearms and Gun Parts in New York
MANHATTAN, NY – On Monday, Manhattan District Attorney Alvin L. Bragg, Jr. announced new legislation (S7364/A7489) to prohibit the manufacture of 3D-printed guns and gun parts. Current law does not cover the…
Aircraft parts supplier Incora files for bankruptcy
By Dietrich Knauth NEW YORK (Reuters) – Aerospace supplier Incora filed for Chapter 11 protection on Thursday, citing depressed demand for aircraft maintenance and litigation over its efforts to restructure its debt…
Auto parts retailer AutoZone misses Q3 sales estimates on inventory pile-up
(Reuters) – Auto parts retailer AutoZone Inc missed expectations for third-quarter net sales on Tuesday, as increased prices of automobile parts led to a rise in inventories, sending its shares 3.2% lower…
HEICO to buy Wencor for $2 billion to boost aircraft generic parts portfolio
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Aerospace supplier HEICO Corp said on Monday it will buy Wencor Group in a deal valued at $2.05 billion to boost its portfolio of generic…
Philippines places buoys in parts of S.China Sea to assert sovereignty
MANILA (Reuters) – The Philippines has placed navigational buoys within its exclusive economic zone (EEZ) to assert sovereignty over the disputed Spratly islands in the South China Sea, a coast guard spokesperson…
How Sudan’s paramilitary forces took parts of Khartoum, stormed army chief’s quarters
By Khalid Abdelaziz DUBAI (Reuters) – When conflict flared in Khartoum almost a month ago, pitting Sudan’s armed forces and their heavy weaponry against a paramilitary force born out of an agile…
NPCC forecasts adequate power supply in parts of U.S. Northeast, eastern Canada this summer
(Reuters) – Northeast Power Coordinating Council Inc (NPCC) on Thursday said its annual reliability assessment projected the regions under its oversight will have an adequate supply to meet peak electricity demand this…
Airbnb to allow guests to pay in four parts, brings in more price transparency
By Doyinsola Oladipo NEW YORK (Reuters) – Airbnb Inc will allow guests to break their payments into installments and see the nightly price inclusive of fees while browsing as the company expects…
Cummins raises full-year revenue outlook on strong demand for parts
(Reuters) – U.S. truck engine maker Cummins Inc on Tuesday raised its full-year 2023 revenue forecast, on the back of strong demand for parts across its markets. Supply chain issues, which led…
PACCAR overtakes analyst estimates on trucks, aftermarket parts demand
(Reuters) – Truckmaker PACCAR Inc on Tuesday beat first-quarter profit and revenue estimates as demand for its truck models and aftermarket parts remained strong, boosted by customers looking to replace ageing fleets.…
Germany’s foreign minister: Parts of China trip ‘more than shocking’
By Alexander Ratz BERLIN (Reuters) – German Foreign Minister Annalena Baerbock on Wednesday described parts of her recent trip to China as “more than shocking” and said Beijing was increasingly becoming a…
Airlines, repair shops in N. America eye used, generic parts to keep aircraft flying
By Allison Lampert and Abhijith Ganapavaram (Reuters) – Airlines and aircraft repair shops in North America are increasingly relying on used and generic parts to keep jets flying, a symptom of the…
Philadelphia CBP Seizes Nearly $200K in Counterfeit Auto Parts from China
PHILADELPHIA – Automotive repairs can be costly. Consumers might try to save a few bucks by buying cheaper parts online or by hiring a mechanic who offers to do the repair work…
Toyota’s global sales notch up a February record as parts shortage eases
TOKYO (Reuters) – Toyota Motor Corp said on Thursday that global sales hit a record for the month of February as it bounced back from severe pandemic-induced parts shortages, adding that worldwide…
Housing market in tech hubs cooling faster than other parts of US – report
(Reuters) – Housing markets in tech hubs are cooling more rapidly than other parts of the United States amid a wave of layoffs in the technology sector and elevated mortgage rates, according…
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