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Greyhound has been put up for sale after its UK owner caved to activist investors who wanted the company to ditch the bus line.FirstGroup, which owns the iconic inter-city bus operation, said Thursday that it wants to focus on its school transportation and commuter businesses.The company said in a statement that Greyhound has "limited synergies" with its other businesses in North America and that "value for shareholders can best be delivered by seeking new owners.""Our plans will create a more focused portfolio, with leading positions in our core North American contracting markets," added CEO Matthew Gregory.The company owns American school bus service First Student, which it says is the largest in North America. Its First Transit brand offers shuttle buses and other services to commuters in the United States.FirstGroup said the two divisions generate a combined 60% of the its operating profits and increasingly overlap in terms of the technologies and skills they require. Shares in FirstGroup surged almost 5% in London after the announcement.Greyhound said it serves 2,400 destinations across the United States and Canada, transporting nearly 16 million passengers each year.The separation is a big win for activist shareholder group Coast Capital Management, which owns just under 10% of FirstGroup.Coast Capital Management had been pushing FirstGroup's board to separate its businesses in the United Kingdom and North America.The investor group said that while it welcomed the plan announced Thursday, it still wants to take control of FirstGroup's board by replacing six of the current 11 directors.Coast Capital said it has "no confidence in the ability of the current board to deliver the changes needed to best effect, as there is precious little expertise in surface transport among the current lineup, especially in a US context." 1866

Have you ever wanted country music star Dolly Parton to read you a bedtime story? Well, you'll get the chance to hear her do just that this week.With most Americans stuck at home with states implementing a 218

Flight attendants feel the pain of cramped aircraft seats, too."It is a torture chamber for our passengers and for us, that also fly on our own airlines," Lori Bassani, of the Association of Professional Flight Attendants, or APFA, said during a congressional hearing Wednesday."We find that the seats are not only getting smaller, but there's no padding on them anymore," she said.Bassani testified before a House Transportation and Infrastructure subcommittee hearing that smaller seats are not only uncomfortable but also a safety risk.She called it "almost impossible" to exit some seating configurations in an emergency. Federal regulations require airplanes be capable of being evacuated in fewer than 90 seconds even if some exits are blocked."The passengers already -- in the normal case of getting on or off the airplane -- are having difficult times getting into the aisle to sit down," Bassani said. "Can you imagine in a stressful situation trying to evacuate in a real life scenario passengers from a plane that is burning or that is half tilted or upside down?"Safety concerns led a federal court in 2017 to 1134

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I.M. Pei, the Chinese born architect who was best known for designing the courtyard to the Louvre in Paris, the Rock and Roll Hall of Fame in Cleveland and the Kennedy Library in Boston, has died at the age of 102, the New York Times confirmed. The cause of Pei's death has not been announced. Pei moved to the United States at age 22, and learned from renowned architects such as Le Corbusier. Pei's first professional design was built in Atlanta in 1949. It was a simple mixed-used facility, which was torn down in 2013. In 1964, Pei was picked by John F. Kennedy's family to design his presidential library. The library ended up taking nearly 15 years to complete. In the 1981, Pei's design of the Louvre's pyramid courtyard opened to the public. During his career, he won many awards, including being awarded the Presidential Medal of Freedom by George H.W. Bush in 1992. Pei was preceded in death by his wife Eileen of 70 years. 946