India reportedly mulls grounding 787s as it investigates the fatal crash
The investigation is focusing on several technical aspects of the aircraft, including engine thrust issues, problems with the flaps, and why the landing gear remained open during the incident. Possible bird strike is reportedly not among things being investigated.
Officials are also evaluating whether Air India bears responsibility for the crash, particularly regarding maintenance procedures.
The Indian government is reportedly also considering a temporary grounding of all Boeing 787 aircraft operating in the country while the investigation continues.
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3 High-Yield Energy Stocks That Can Survive in Today's Fast-Changing Energy Landscape
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Chevron is built to survive anything that comes its way (Chevron): There's one feature that investors shouldn't overlook about Chevron: its balance sheet. With a debt-to-equity ratio of around 0.2 times at the end of the second quarter, it has one of the strongest financial positions among its integrated energy peer group. Most of the time, investors pay more attention to oil prices and geopolitical events than to balance sheets. But Chevron's ability to survive whatever comes its way is partly tied to its financial strength. For example, Chevron just completed the acquisition of Hess for roughly $53 billion. Inking a deal of that scale requires both size and financial strength. But here's the interesting thing: The deal was agreed upon back in October 2023! The transaction was bogged down in the courts because of Hess' relationship with Chevron's peers. Few companies could have afforded to stick around, regardless of how attractive the deal was, for as long as Chevron did. 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Oil prices are volatile, and the global energy landscape is changing in favor of cleaner energy sources. Unlike crude oil and coal, however, the demand for natural gas is projected to rise steadily in the coming decades, driven by growing demand for electricity, among other things. Given the dynamics, a stock like Energy Transfer not only can survive in today's changing landscape but also thrive in the long term. That's because Energy Transfer is a massive natural gas player that generates steady cash flows and pays big dividends. Energy Transfer operates over 130,000 miles of pipeline. Over 50% of its projected growth capital expenditures of $5 billion for 2025 will be spent on natural gas pipelines and natural gas liquids capacity expansions. It's also constructing eight natural-gas-fired power-generation plants to support its operations in Texas. The company recently bagged its first commercial deal to supply natural gas to Texas data centers. 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New York Post
an hour ago
- New York Post
Why top NYC restaurants are bringing in famed chefs from around the world
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Yahoo
2 hours ago
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