Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Haas defends itself over Russia machine allegations

Published

on

The team says the last time any machines were sent was in March last year

Formula One team Haas has defended itself against allegations its parent company was providing machines and parts to Russia.

The story on U.S. broadcaster PBS alleged 18 machines had been sent to Russia, from Haas, since sanctions were imposed, following the war in Ukraine.

Haas has denied the claims, saying the story is “simply false”.

The F1 team previously ended its partnership with Russian fertiliser company Nikita Mazepin in response to Moscow’s invasion of Ukraine.

“Haas Automation is and has always been in full compliance with US¬†government export control,” a statement from the motor racing team read.

“No machines have shipped from the Haas Automation factory to Russia since March 3, 2022.

“The 18 machines referenced in the story left the Haas Automation factory prior to the Russian invasion of Ukraine.”

Haas was the most affected team from the war in Ukraine when it began in February 2022.

Continue Reading

News

NASA astronauts phone home, confident Boeing’s Starliner will return to Earth safely

Published

on

Stranded NASA astronauts express confidence in Boeing’s Starliner spacecraft, assuring its capability to safely transport them back to Earth from the International Space Station.

The astronauts, over a video call to NASA, highlighted Starliner’s enhanced safety features and testing protocols as reassuring factors for their safe return.

“I have a real good feeling in my heart that this spacecraft will bring us home, no problem…”, said Sunita “Suni” Williams, one of the stranded NASA astronauts.

Continue Reading

Leaders

Franchising vs. Independent: key differences to choosing the right SMB model

Published

on

With latest Australian Federal budget, many SMB’s are weighing their options when selecting a suitable business model.

Franchising provides brand recognition, operational support, and economies of scale but involves ongoing fees.

Independent businesses offer full control and profit retention but face higher costs and regulatory challenges.

For risk and reward, the franchising model reduces risk through established practices and support but involves ongoing fees and profit-sharing with the franchisor.

On the alternative, independent businesses retain full control of profits but face higher risks and responsibilities in managing the business.

Sonia Shwabsky, CEO at Kwik Kopy Australia, joins to share her key insights on SMB’s. #featured

Continue Reading

Money

Boeing face delivery delays following guilty criminal charge plea

Published

on

Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

Continue Reading

Trending Now