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Newspaper
Sun Journal
Location
New Bern, North Carolina, United States of America
Date
Aug 05, 2020
Page
5
Honda recalls cover 2018 to 2021 Odyssey Pilot and Passport models for faulty backup camera displays dashboard glitches and doors that avoid proper latching. The recalls announced by the government involve roughly 608 thousand Odysseys and related Pilot and Passport vehicles across several recall actions.
American Airlines CEO Doug Parker and Southwest CEO Gary Kelly say they are in talks with Congress and the White House to extend CARES Act payroll support through March. The effort aims to prevent mass furloughs as passenger traffic remains down about 70 percent from last year. Union leaders urge direct worker-focused lobbying while airlines balance public funding with shared sacrifice.
London’s BP says it will slash quarterly dividends to 5.25 cents per share to fund a shift toward low carbon energy and a decade of higher spending, aiming for net zero emissions by 2050. The move follows a $6.68 billion Q2 operating loss amid weak oil demand and prices.
The New Jersey Turnpike Authority reports first half 2020 declines in traffic and toll revenue for the Turnpike 30% and Parkway 26% with overall revenue down about 27% yet expects postpandemic recovery. Debt refinancing yields about 180 million in savings while a 24 billion capital plan earmarks 16 billion for widening and cashless tolls. toll hikes of 36% on the Turnpike and 27% on the Parkway are planned, drawing opposition over video meetings and timing amid high unemployment and job losses.
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