Five stories in the news for today, Sept. 27
Five stories in the news for Wednesday, Sept. 27
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BOMBARDIER HIT HARD IN BOEING DISPUTE
Bombardier’s hopes for breaking into the U.S. market has taken a massive blow, with the U.S. Department of Commerce announcing a hefty 219 per cent duty on its CSeries jets. The department says government subsidies give Bombardier an unfair advantage when selling south of the border. The U.S. International Trade Commissions must now decide whether a Bombardier-Delta deal that sparked a complaint from Boeing actually hurt Boeing’s business. A decision is not expected until the spring.