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UPDATE 1-Democratic lawmakers question FAA decisions on Boeing safety issues

The issues involve the 737 MAX rudder cable and lightning protection for fuel tanks on the 787 Dreamliner. Representative Peter DeFazio, who chairs the House of Representatives Transportation and Infrastructure Committee, and Representative Rick Larsen, who chairs the aviation subcommittee, said in a letter to FAA Administrator Steve Dickson that FAA management ultimately overruled the technical specialists after Boeing objected. …read more […]

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Trading Ideas

Hedge Funds Welcomed HeadHunter Group PLC (HHR) With Open Arms

Does HeadHunter Group PLC (NASDAQ:HHR) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on satellite photos and other research activities, so it is no wonder why they tend […] …read more […]

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Were Hedge Funds Right About Snapping Up Entravision Communication Corp (EVC)?

The financial regulations require hedge funds and wealthy investors that crossed the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […] …read more […]

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Business News

U.S. Justice Department issues civil subpoenas to automakers in California emissions deal probe

The U.S. Justice Department has issued civil subpoenas in its antitrust investigation into four major automakers’ voluntary agreement with California to adopt compromise vehicle emissions requirements, a source briefed on the matter said on Thursday.

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