Horizon Air said Friday it had inspected 16 of its 33 Q400 turboprops and returned them to service. By Tuesday, the Seattle-based airline says it will have a modified schedule that would accommodate most of its currently booked customers. The airline hopes to return to its regular schedule by Sept. 25. One-fifth of Horizon’s departures have been canceled since Wednesday while the Bombardier planes were inspected. The landing gear failed on two such planes in Europe.
Canadian dollar edges up again
The U.S. dollar continued its drop against the Canadian dollar Friday ahead of an expected rate cut next week by the Federal Reserve and amid record-high oil prices. Canada’s currency rose to 97.32 U.S. cents before easing to 97.12 U.S. cents, up from 96.89 U.S. cents late Thursday. The Fed’s expected cut has boosted the Canadian dollar to 30-year highs against the U.S. currency. High oil prices are also helping Canada, a major exporter of crude oil.
Coffee makers sue over containers
Procter &Gamble Co. has asked a federal judge to stop Kraft Foods Inc. from continuing to manufacture and distribute its Maxwell House coffee in a plastic container that P&G has alleged infringes on a patent. The lawsuit seeks to stop Kraft from selling its coffee in the packaging. Kraft said in a statement it would “defend the lawsuit vigorously.”
Martha Stewart dives into wines
Home diva Martha Stewart, who has stamped her name on all things domestic, will be serving up another edition: wine. Martha Stewart Living Omnimedia Inc. said it forged a partnership with E.&J. Gallo Winery to develop wines under the label “Martha Stewart Vintage” to be offered in six cities, including Portland, Ore., beginning in January.
Software company files for bankruptcy
The SCO Group Inc., licenser of the Unix operating system, filed for bankruptcy protection Friday, drained by unsuccessfully filing lawsuits claiming its software code was misappropriated by developers of the open-source Linux operating system. The Lindon, Utah, company is seeking protection from creditors under Chapter 11 as it continues to license Unix for corporate servers.
Verizon offers Bob Marley ringtones
Verizon Wireless resumed selling mobile phone ringtones Friday based on Bob Marley songs, despite objections from the estate of the late reggae music star. Recording company Universal Music Group struck an exclusive deal with Verizon last month allowing Verizon to sell cuts of the songs for use as customized ringtones.
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