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Tariffs could cause 'massive' price increases: Top Biden advisor
Tariffs could cause 'massive' price increases: Top Biden advisor

Sweeping tariffs under consideration by Donald Trump could cause "massive" increases to the cost of producing everyday goods including coffee and chocolate, President Biden's top economic advisor said Thursday. "So you could see a real, massive change in their cost structures, which would lead to massive increases in their prices."

Turkey's Pegasus Airlines says to buy 200 Boeing 737 aircraft
Turkey's Pegasus Airlines says to buy 200 Boeing 737 aircraft

Turkey's Pegasus Airlines said Thursday it would buy 200 Boeing 737 MAX 10 aircraft in its largest-ever order worth some $36 billion as it seeks to expand its service. "Pegasus has signed an agreement with The Boeing Company for 200 Boeing 737-10 aircraft," the low-cost airline said in a statement that valued the "historic" contract at "approximately $36 billion".