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Boeing says 737 MAX should resume commercial flights in January; shares jump

Boeing Co on Monday said it expected U.S. regulators to approve the return to commercial service of its grounded 737 MAX jet in the coming weeks, and its shares jumped as investors grew more hopeful the planemaker had addressed software problems at the heart of two fatal crashes.

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UPDATE 1-Boeing now says it expects 737 MAX to resume commercial service in January

Boeing Co said Monday it now expects its grounded 737 MAX to resume commercial service in January as it works to address questions from regulators over its documentation for revisions to the plane’s software. American Airlines and Southwest Airlines said Friday they were pushing back the resumption of flights because of the 737 MAX grounding until early March. Last week, Reuters reported that U.S. and European regulators had not been able to complete a software documentation audit in Cedar Rapids, Iowa of the 737 MAX because of significant gaps and substandard documents. …read more […]

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Alibaba’s Singles Day Sale Breaks Records

Singles – I am one myself – may be notorious for having their hearts broken. But on Alibaba’s 2019 Singles Day event, hearts aren’t the only thing being broken. Sales records are too and shareholders should take notice.
As the 24-hour sales event that eclipsed both Black Friday and Cyber Monday in 2018 continues to roll out, the e-commerce giant broke its own record by generating over $38 billion in sales. This, despite a slowing Chinese economy and a continuing trade war with the United States.

An E-commerce Day to Celebrate Singles
Singles Day, which is held on November eleventh (11/11) because the …read more […]

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The World Really Isn’t Going to Hell… Here’s Why

A clear-eyed view of our nation and the world is essential for successful investors.
Today, Alexander Green explains how you can filter out constant media negativity and focus on achieving a rich life.

Being a good investor starts with having a clear-eyed view of our nation and the world.
For example, those with an overly pessimistic outlook have spent years holding precious metals or cash, earning meager returns and missing the phenomenal gains available in equities.
Those with rose-tinted glasses, on the other hand, went into the Great Recession without portfolio diversification or risk mitigation – like asset allocation and trailing stops – and …read more […]