Boeing commits to aircraft flying on 100% sustainable fuel The aerospace company plans to develop commercial airplanes that fly on 100% sustainable fuel in the next eight years. The goal accelerates the Sustainable Fuel Act’s vision to reduce aviation emissions by 50% before 2050. Boeing had been creating a jet to replace petroleum with sustainable fuels. Belk enters debt restructuring agreement Under the agreement, to be completed through an expedited reorganization under Chapter 11 of the U.S. Bankruptcy Code, Sycamore Partners will retain majority control of the Charlotte-based department store. |