Correvio Pharma Corp on Wednesday said it would explore options including putting itself up for sale, a day after a panel of experts advising the U.S. health regulator voted against approving its heart drug. The Canadian drugmaker’s U.S.-listed shares plunged 57% to 60 cents in trading before the bell. …read more […]
Like many Uber drivers in Sao Paulo, the ride-hailing app’s busiest city in the world, Augusto Caio Pereira does not actually own or lease the car he nudges through the city’s notorious traffic jams every day.
U.S. consumer prices rose more than expected in November, which could further support the Federal Reserve’s intention not to cut interest rates again in the near term after reducing borrowing costs three times this year.
Federal Aviation Administration (FAA) chief Steve Dickson confirmed Wednesday the agency will not allow Boeing Co’s (BA.N> grounded 737 MAX, involved in two fatal crashes in five months, to resume flying before the end of 2019. Dickson told CNBC in an interview ahead of his testimony before the U.S. House Transportation and Infrastructure Committee that there are nearly a dozen milestones that must be completed before the plane can return to service. Dickson will testify alongside Earl Lawrence, the FAA’s aircraft certification chief. …read more […]
Are you looking to earn some extra cash as a retiree? Or are you just trying to find better ways to manage your benefits and spending? Nevertheless, having retirement income solutions prepared at the end of your career will give you the upper hand.
CNBC recently reported that Americans will need $1.7 million, on average, to retire. This isn’t possible for many families across the country. Therefore, it’s becoming more common for retirees to find other sources of income, while also managing their benefits and finding the best tax rates.
What are the Best Retirement Income Solutions Today?
In some cases, the best …read more […]
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of… …read more […]
Israel Aerospace Industries (IAI) on Wednesday advised customers not to fly some Boeing 737 freighters converted by IAI pending a review by Israel’s aviation authority. IAI said it had detected an “apparent irregularity” in the production process of a rigid barrier installed in some of the conversions, 47 of which it has delivered. It said it expected the results of a review by the Civil Aviation Authority of Israel (CAAI) of an interim solution proposed by IAI later on Wednesday. …read more […]
U.S. electric vehicle maker Tesla Inc plans to increase prices of imported Model 3 vehicles in China in January, sources familiar with the matter said. Tesla plans to increase prices of imported Model 3 vehicles with longer range and those with performance function, which are currently priced at 439,900 yuan ($62,495.56) and 509,900 yuan, respectively. The move comes as Tesla, which is building a car plant in Shanghai, aims to deliver China-made Model 3 sedans, which are priced at 355,800 yuan, to customers before Jan. 25 next year. …read more […]
Home Depot Inc on Wednesday forecast fiscal 2020 sales growth below Wall Street expectations, three weeks after the home improvement chain cut its 2019 sales forecast. The company said last month that its One Home Depot strategy, which aims to improve the online and brick-and-mortar businesses, was not yet generating as much revenue as it had expected, prompting it to cut its 2019 sales forecast for the second time. The strategy will address the evolving needs of its customers, Chief Executive Officer Craig Menear said in a statement on Wednesday. …read more […]
The U.S.-China trade war is creating something William Gagnon once thought impossible – a 100% American-made bathroom hand dryer.
Home improvement chain Home Depot Inc on Wednesday forecast fiscal 2020 sales growth below Wall Street expectations.
Germany will give financial assistance to customers hit by the insolvency of Thomas Cook because the tour operator’s insurance cover has proved insufficient, it said on Wednesday.
Top news and what to watch in the markets on Wednesday, December 11, 2019. …read more […]
Siemens named its strategy chief and former Kuka CEO Horst J. Kayser as boss of its loss-making portfolio companies, the German engineering company said on Wednesday.
Sky’s the limit optimism about self-driving cars is giving way to tougher questions about how expensive automotive artificial intelligence will ever make a profit.
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