Pilots for cargo flier go on strike
WILMINGTON, Ohio – Pilots for a cargo airline that carries packages for retailer Amazon and delivery company DHL went on strike Tuesday, potentially causing delivery delays just as the holiday shopping season swings into high gear. The airline, ABX Air, said it would seek a court order to end the strike by about 250 pilots. The Teamsters union, which represents the pilots, said the strike had caused 75 flights to be canceled.
ABX operates 35 daily flights for Amazon and 45 daily flights for DHL, according to the union. The pilots allege that ABX is understaffed and forces them to work on days off without giving them the compensatory time off that they are owed under their contract. The airline’s president, John Starkovich, said the strike is illegal and that the dispute should be settled through arbitration.
A spokesman for ABX parent company Air Transport Services Group Inc. said the company would not comment on the impact of the strike.
-iPhone 6S battery replacement offered
Apple said this week in a post on its website that some iPhone 6S owners are eligible for a free battery replacement because their phones unexpectedly cut their power even when they have enough charge. Apple did not offer many details on why the phones are shutting down except to say that the problem is “not a safety issue” and that it affects a “very small number” of phones. A look at Apple’s support forums suggests that people have been reporting similar problems since at least 2015; users said their phones shut off and could not be restarted until they were plugged in again.
The replacement program was announced shortly after a state-approved consumer protection group in China – a key market for Apple – asked the iPhone maker to address reports that some phones shut off even when their indicators said the phones were charged more than halfway. The Chinese Consumers Association said the issue affected the iPhone 6 and the iPhone 6S, the Wall Street Journal reported.
Dow Jones closes over 19,000 1st time
The Dow Jones industrial average surpassed 19,000 for the first time Tuesday as a post-election rally drove indexes further into record territory. Discount store chains made large gains, but health care companies tumbled.
Stocks opened solidly higher after setting records Monday. They gave up some of their gains around midday but reached new highs late in the afternoon. Health care stocks slumped after weak results from medical device company Medtronic.
Retailers soared after strong earnings from Dollar Tree and Burlington Stores.
Stats don’t assuage job security worries
The World Bank says people in Europe and Central Asia remain worried about job security despite modest economic growth.
The bank’s chief economist for Europe and Central Asia, Hans Timmer, said Tuesday in Bucharest, Romania, that the region’s economies are expected to grow 1.6 percent this year, with similar growth levels in 2017 and 2018.
The bank says people are worried, however, that many of the new jobs are temporary and part-time and the skills required are “driven by new digital technologies.”