Allied Pilots Association, which represents American Airlines Group Inc pilots, said on Wednesday they were pleased with Boeing Co’s progress on a 737 MAX fix but warned that the certification process should not be rushed or fast-tracked.
Boeing Co on Wednesday took its most aggressive moves yet to defend its core 737 airliner franchise, saying it had developed software fixes to prevent failures of an automated flight control system that is being scrutinized after two deadly crashes in the past five months.
The S&P 500 and Nasdaq fell on Wednesday as U.S. bond yields fell again and a prolonged inversion in the yield curve fanned growth worries.
Sweden’s Economic Crime Authority said on Wednesday it had widened its ongoing probe into Swedbank to include suspected aggravated fraud after raiding the bank’s head office.
Wall Street’s main indexes were lower on Wednesday, as a prolonged inversion in the U.S. treasury yield curve fanned worries of an economic slowdown.
Deutsche Bank is considering fresh cost cutting after a weak first three months of the year, German business daily Handelsblatt reported, citing people familiar with the matter.
The U.S. Federal Aviation Administration denied on Wednesday that it has granted provisional approval for Boeing Co’s announced anti-stall software upgrade of 737 MAX aircraft following crashes in Indonesia and Ethiopia.
A New Jersey jury on Wednesday cleared Johnson & Johnson of liability in a lawsuit brought by a man who said that asbestos in the company’s talcum powder products caused his mesothelioma.
Boeing Co said on Wednesday it had reprogrammed software on its 737 MAX passenger jet to prevent erroneous data from triggering an anti-stall system that is under mounting scrutiny following two deadly nose-down crashes in the past five months.
Bankrupt California power provider PG&E Corp won court approval on Wednesday for a $5.5 billion loan to help maintain electricity and natural gas delivery and for investments to reduce the risk of wildfires as it reorganizes.
Boeing Co said on Wednesday it had reprogrammed software on its 737 MAX to prevent erroneous data from triggering an anti-stall system that is facing mounting scrutiny in the wake of two deadly nose-down crashes in the past five months.
The U.S. trade deficit narrowed by the most in 10 months in January as automotive exports rose and China likely boosted purchases of soybeans, driving the first increase in exports in four months and offering a respite to a flood of dour data on the economy.
Solar Alliance (TSX. V: SOLR) (OTC: SAENF) Interview with Myke Clark, CEO, discussing opportunities in the solar engineering and installation market for residential and large scale commercial customers.
A gauge of world stocks fell on Wednesday amid new signs of concern for the global economy, while benchmark U.S. Treasury yields sank to fresh 15-month lows and German bond yields fell further below zero.
Boeing Co said on Wednesday it will make a safety feature standard on its now-grounded 737 MAX jets that might have warned of problems potentially linked to two recent fatal crashes.
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