Mexican Finance Minister Arturo Herrera said on Friday the current global uncertainty over trade is another reason to ratify the agreement negotiated last year between his country, the United States and Canada.
Executives from several large healthcare companies and state attorneys general were progressing toward what is expected to be a multibillion-dollar deal to resolve the sprawling litigation over the U.S. opioid epidemic, a plaintiffs’ lawyer said on Friday.
Wall Street fell on Friday, dragged down by Boeing and Johnson & Johnson and as worries over global economic growth were rekindled by gloomy data out of China.
Boeing Co turned over instant messages from 2016 between two employees that suggest the airplane maker may have misled the Federal Aviation Administration about a key safety system on the grounded 737 MAX, according to documents seen by Reuters.
Even when a business is losing money, it’s possible for shareholders to make money if they buy a good business at the… …read more […]
Today we’re going to take a look at the well-established D.R. Horton, Inc. (NYSE:DHI). The company’s stock received a… …read more […]
The Pentagon’s decision to move into a full-rate production contract for the F-35 jet, made by Lockheed Martin, could be delayed until 2021 because of issues integrating the jet with its testing and training simulators, an official said on Friday. Full-rate production contracts are more lucrative for defense companies than low rate production contracts, suggesting larger payments for F-35 deliveries to Lockheed from the U.S. government and its allies could be delayed by as much as a year. Pentagon acquisition chief Ellen Lord told reporters she had signed off on a report that indicated the final decision on …read more […]
Johnson & Johnson said on Friday its investigation into asbestos contamination of its baby powder could take 30 days or more, after announcing it planned to recall about 33,000 bottles of the product in the United States.
Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a bottle purchased online.
Boeing Co turned over instant messages from 2016 between two employees that suggest the airplane maker may have misled the Federal Aviation Administration about a key safety system on the grounded 737 MAX, sources briefed on the matter said.
Boeing Co turned over instant messages from 2016 between two employees that suggest the airplane maker may have misled the Federal Aviation Administration about a key safety system on the grounded 737 MAX, sources briefed on the matter said. The FAA said it found the messages “concerning” and “is reviewing this information to determine what action is appropriate.” It prompted a letter from FAA Administrator Steve Dickson to Boeing Chief Executive Dennis Muilenburg demanding an “immediate” explanation for the delay in turning over the documents. Sources told Reuters the Boeing internal messages raised questions about the performance of …read more […]
According to a Reuters report, the FAA is concerned it was misled by Boeing about 737 Max safety. Yahoo Finance’s Julie Hyman and Adam Shapiro report. …read more […]
(Bloomberg) — Mark Hurd, who was chief executive officer of three major technology companies including Oracle Corp., has died. He was 62.Larry Ellison, Oracle’s chairman, confirmed his passing in an online post.“It is with a profound sense of sadness and loss that I tell everyone here at Oracle that Mark Hurd passed away early this morning,” Ellison wrote. “Mark was my close and irreplaceable friend, and trusted colleague. Oracle has lost a brilliant and beloved leader who personally touched the lives of so many of us during his decade at Oracle.”Hurd was co-CEO at Oracle with Safra Catz. He focused …read more […]
Coca-Cola focusing more on drinks beyond its trademark full-calories soda. And investors generally like the move. …read more […]
The recent weakening of Brazil’s real against the dollar has not spurred inflation, Brazilian central bank governor Roberto Campos Neto said on Friday, adding that there was room for a cut in the country’s benchmark Selic interest rate. At a news conference in Washington, where he attended events at the International Monetary Fund (IMF) annual meetings, Campos Neto noted Brazil has a floating exchange rate and that the bank only intervenes in currency markets when there is a liquidity gap in the market. Brazil’s central bank cut its benchmark interest rate to a new record low of 5.50% …read more […]
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