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Trading Ideas

Trump’s Impeachment Turmoil Follows GOP Senator on 2020 Ballot

(Bloomberg) — Joni Ernst, like most Republican senators running for re-election in 2020, would like to stay focused on the bread-and-butter issues that voters say they care about rather than political fire surrounding President Donald Trump.Many of her Iowa constituents seem to want to avoid the impeachment controversy consuming Washington, as well. At a town hall meeting in Templeton, most voters instead talked about bolstering corn-based ethanol, preventing mass shootings, and coping with Trump’s trade war with China.But Ernst, a target for Democrats looking to take control of the Senate, couldn’t entirely avoid the uproar over Trump’s entreaties to China …read more […]

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Deal or No Deal? How to Trade the Three Possible Brexit Outcomes

(Bloomberg) — Follow @Brexit, sign up to our Brexit Bulletin, and tell us your Brexit story. The pound, U.K. stocks and British government bond yields would all likely plunge should the country leave the European Union without a deal on Oct. 31.Sterling would drop to $1.11 from a current level of around $1.23, according to a Bloomberg News survey of 18 foreign-exchange strategists and investors, while a rush toward the safety of government debt could drive bond yields to record lows. Bloomberg Intelligence forecasts a 13% slide in the fair value of the FTSE 100 index over 12 months in …read more […]

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Trading Ideas

World’s First Space Trader Scopes Out a $43 Billion Industry

(Bloomberg) — The business of manufacturing and launching small satellites is projected to grow almost fourfold over the coming decade to $42.8 billion, creating an opportunity for those seeking to profit from increased commerce between companies in the industry.One of them is Masatoshi Nagasaki, the world’s first self-styled space trader.The 39-year-old doesn’t work in a spacecraft, jetting from planet to planet like a character in an Isaac Asimov novel. Instead, he works on the seventh floor of a building that’s become a hub for space-related startups. He’s already won contracts from Japan’s space agency to broker satellite launches.“Space companies will …read more […]

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Boeing crash victims' lawyer to seek testimony from 737 MAX whistleblower

SEATTLE/WASHINGTON, Oct 4 (Reuters) – An attorney representing families of passengers killed in a Boeing Co 737 MAX crash in Ethiopia said on Friday he will seek sworn evidence from a Boeing engineer who claims the company rejected a proposed safety upgrade to the 737 MAX because it was too costly. The engineer, Curtis Ewbank, said the upgrade could have reduced risks that contributed to two fatal crashes in Indonesia and Ethiopia that together killed 346 people, according to two people familiar with the complaint. Ewbank filed the complaint through internal Boeing channels after the March crash of …read more […]

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Business News

Exclusive: Regulators weigh ‘startle factors’ for Boeing 737 MAX pilot training – Transport Canada executive

Global regulators are looking at “startle factors” that can overwhelm pilots as they consider revised protocols for the Boeing 737 MAX, Nicholas Robinson, the head of civil aviation for Transport Canada, told Reuters on Friday.

…read more […]

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Business News

Exclusive: Regulators weigh ‘startle factors’ for Boeing 737 MAX pilot training – Transport Canada executive

Global regulators are looking at “startle factors” that can overwhelm pilots as they consider revised protocols for the Boeing 737 MAX, Nicholas Robinson, the head of civil aviation for Transport Canada, told Reuters on Friday.

…read more […]

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Trading Ideas

Exclusive: Regulators weigh 'startle factors' for Boeing 737 MAX pilot training – Transport Canada executive

MONTREAL/CHICAGO (Reuters) – Global regulators are looking at “startle factors” that can overwhelm pilots as they consider revised protocols for the Boeing 737 MAX, Nicholas Robinson, the head of civil aviation for Transport Canada, told Reuters on Friday. Boeing Co’s fastest-selling jetliner, the 737 MAX, was grounded worldwide in March after two fatal crashes that killed a total of 346 people within five months. Pilot overload appears to have played a role in both crashes, in which crews struggled to regain control of the airplane while a new flight control system repeatedly pushed the nose down amid …read more […]