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UPDATE 1-Former Boeing employee who warned about 737 problems will testify at hearing

A former Boeing Co employee who warned of problems with 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX. Former Boeing employee Edward Pierson, who had worked as a senior operations manager in the flight test and evaluation unit, will testify before the U.S. House Transportation and Infrastructure Committee, the panel said in a notice. Pierson’s concerns were referenced at an Oct. 30 hearing — though he had not been named previously. …read more […]

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Bluebird bio, Bristol-Myers' multiple myeloma therapy shows promise in early study

Bluebird bio Inc and Bristol-Myers Squibb Co on Monday reported encouraging initial data from an ongoing early-stage study testing their experimental therapy for multiple myeloma in patients who did not respond to prior treatments. The lowest dose of the therapy, bb21217, had a median duration of response of 11.1 months and an overall response rate of 83% in heavily pre-treated patients with at least three prior lines of therapy, according to data presented at the American Society of Hematology Conference. Bb21217 belongs to a class of drugs called CAR-T therapies that involve drawing white blood cells from a …read more […]

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Is New Residential Investment Corp (NRZ) A Good Stock To Buy ?

“The global economic environment is very favorable for investors. Economies are generally strong, but not too strong. Employment levels are among the strongest for many decades. Interest rates are paused at very low levels, and the risk of significant increases in the medium term seems low. Financing for transactions is freely available to good borrowers, […] …read more […]

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Former Boeing employee, FAA officials to testify at 737 MAX hearing

A former Boeing co employee who raised concerns about 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX. Former Boeing employee Edward Pierson, who had worked as a senior operations manager in the flight test and evaluation unit, will testify before the U.S. House Transportation and Infrastructure Committee, the panel said in a notice. …read more […]

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UPDATE 2-Enbridge says Minnesota concludes no additional risk to lake from pipeline

Canada’s Enbridge Inc said on Monday that a revised environmental statement from the state of Minnesota’s commerce department concludes that replacing the aging Line 3 oil pipeline would not introduce risks for Lake Superior in the case of a spill. The revised statement was drafted at the request of the Minnesota Public Utilities Commission (PUC). A court had determined the previous environmental assessment was inadequate. …read more […]

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Business News

Top U.S. officials heading to Mexico in press to finalize USMCA – administration official

U.S. Trade Representative Robert Lighthizer and White House adviser Jared Kushner will head to Mexico on Tuesday to work on final details of the U.S.-Mexico-Canada (USMCA) trade pact, which has yet to be ratified by the U.S. Congress, an administration official said.

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3 Small-Cap Stocks with Big-Time Upside Potential

It’s hard for the little guys to get noticed sometimes, but often, it’s the little guys that are worth watching. Naturally, this applies to investing, too.Much has been said already about the record-breaking year for the S&P 500. As we reached the final month of the decade, after such a sustained rally, it is getting harder and harder to find true bargains. The top analysts, though, know that further down the market cap ladder, unseen by the casual observer, is where the some of the true gems reside, the ones from which investors stand to reap substantial rewards.So, we took …read more […]