BUSINESS

Pipes at the landfall facilities of the 'Nord Stream 1' gas pipeline are pictured in Lubmin, Germany, March 8, 2022.

Europe On Edge As Nord Stream Russian Gas Link Enters Shutdown

The biggest single pipeline carrying Russian gas to Germany began annual maintenance on Monday, with flows expected to stop for 10 days, but governments, markets and companies are worried the shutdown might be extended because of the war in Ukraine.
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Elon Musk backing out of his deal to buy Twitter sets the stage for litigation over a $1 billion breakup fee as well as harm done to Twitter's reputation and share price.

Musk Ditches Twitter Deal, Triggering Defiant Response

Elon Musk on Friday pulled the plug on his $44 billion deal to buy Twitter, and Twitter board chair Bret Taylor vowed to sue Musk to hold him to the terms of the buyout deal, saying "we are confident we will prevail."
Travelers check in at John F. Kennedy International Airport during the spread of the Omicron coronavirus variant in Queens, New York City, U.S., December 26, 2021.

U.S. Warns Airlines It May Issue Regulations Barring Child Seating Fees

The U.S. Transportation Department on Friday https://www.transportation.gov/individuals/aviation-consumer-protection/family-seating/June-2022-notice warned airlines it may issue regulations prohibiting them from charging extra fees to allow young children to sit next to accompanying family members.
The Airbus logo pictured at the company's headquarters in Blagnac near Toulouse, France, March 20, 2019.

Airbus Reports Flat First-half Deliveries

Europe's Airbus posted flat first-half deliveries on Friday as it struggles to convert rising production plans into handovers to airlines amid tight global supply chains.

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