The U.S. Federal Aviation Administration has identified a new potential risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency said on Wednesday.
United Airlines said on Wednesday it has decided to remove the Boeing 737 MAX from its flying schedule until Sept. 3, leading to about 1,900 total flight cancellations in August.
The U.S. Federal Aviation Administration has identified a new potential risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency told Reuters on Wednesday.
The S&P 500 ended slightly lower on Wednesday as gains in technology stocks were offset by a drop in healthcare shares, and investors parsed mixed messages regarding the state of ongoing U.S.-China trade talks.
A U.S. jury on Wednesday cleared California semiconductor designer CNEX Labs Inc of stealing trade secrets from Chinese electronics giant Huawei Technologies.
The U.S. Federal Aviation Administration has identified a new potential risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency told Reuters on Wednesday.
A U.S. jury on Wednesday cleared California semiconductor designer CNEX Labs Inc of stealing trade secrets from Chinese electronics giant Huawei Technologies.
Chemicals giant Bayer, under pressure from activist shareholders, said on Wednesday it has hired an external lawyer to advise its supervisory board and has set up a committee to help resolve a multi-billion dollar glyphosate litigation issue.
Bitcoin jumped to an 18-month high on Wednesday, as investors looked for safety in alternative investments amid geopolitical tension, and cheered prospects that Facebook Inc’s Libra token could push cryptocurrencies into the mainstream.
The machinists union said on Wednesday it opposes a tentative labor contract reached this week with General Electric Co, potentially impeding the Boston-based conglomerate’s efforts to avoid labor unrest during a difficult period.
Technology shares led the S&P 500 and the Nasdaq higher on Wednesday after remarks by Treasury Secretary Steven Mnuchin rekindled hopes for a de-escalation of U.S.-China trade tensions and brought buyers back from the sidelines.
Chemicals giant Bayer, under pressure from activist shareholders, said on Wednesday it has hired an external lawyer to advise its supervisory board and has set up a new committee to resolve a multi-billion dollar glyphosate litigation issue.
Oil prices rose more than 2% on Wednesday and hit their highest in about a month, buoyed by U.S. government data that showed a larger-than-expected drawdown in crude stocks as exports hit a record high, and surprise drops in refined product stockpiles.
Wall Street rose on Wednesday, as technology shares gained on the back of Micron’s upbeat results, while comments from Treasury Secretary Steven Mnuchin fueled hopes that the United States and China were making progress in their trade talks.
Shares of U.S. health insurers that have rebounded in the past two months could come under pressure this week as Democrats square off in their first presidential debates, with healthcare policy reform potentially high on the agenda.
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