Year: 2019

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Turkey Is the World’s New Nuclear Menace

November 16, 2019 admin Comments Off on Turkey Is the World’s New Nuclear Menace

(Bloomberg Opinion) — Sometimes it’s hard to tell friend from foe, even if he is standing right next to you. And if you take President Donald Trump literally (yes, I know, we’ve been warned not to do that) he was suffering from such myopia during Wednesday’s press conference with Turkish President Recep Tayyip Erdogan. “Turkey, as everyone knows, is a great NATO Ally, and a strategic partner of the United States around the world,” he said. “And I look forward to continuing to find common ground, harness common purpose, and to advance the vital interests of our people and the …read more […]

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Cannabis Flameout Looks Almost as Bad as the Dot-Com Bust

November 16, 2019 admin Comments Off on Cannabis Flameout Looks Almost as Bad as the Dot-Com Bust

(Bloomberg) — Wall Street’s exuberance over legal weed has quickly curdled into sober reality.In a matter of months, white-hot cannabis companies have flamed out in spectacular fashion. Many have lost two-thirds or more of their value.Widespread legalization has been thwarted. Bank financing has dried up. Deep-pocketed institutional investors remain on the sidelines and old-fashioned black-market dealers still provide stiff competition.The pain deepened on Thursday, when Ontario-based Canopy Growth Corp. announced revenue that fell short of the lowest Wall Street estimate and a loss that one analyst called “astounding.” That sent shares to the lowest since December 2017. It’s still the …read more […]

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Boeing says timing of 737 MAX return in hands of regulators

November 16, 2019 admin Comments Off on Boeing says timing of 737 MAX return in hands of regulators

Boeing moved on Saturday to ease tensions with regulators over the return to service of its 737 MAX, saying it was up to the U.S. Federal Aviation Administration and its global counterparts to approve changes to the jet in the wake of two accidents. The FAA told its staff this week to take whatever time was needed to review the grounded plane after Boeing said it expected the FAA to certify the 737 MAX in mid-December. “We put some targets out that still line up to December … type certification,” Stan Deal, chief executive of Boeing Commercial Airplanes, …read more […]

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UPDATE 1-Boeing says timing of 737 MAX return in hands of regulators

November 16, 2019 admin Comments Off on UPDATE 1-Boeing says timing of 737 MAX return in hands of regulators

Boeing moved on Saturday to ease tensions with regulators over the return to service of its 737 MAX, saying it was up to the U.S. Federal Aviation Administration and its global counterparts to approve changes to the jet in the wake of two accidents. The FAA told its staff this week to take whatever time was needed to review the grounded plane after Boeing said it expected the FAA to certify the 737 MAX in mid-December. “We put some targets out that still line up to December … type certification,” Stan Deal, chief executive of Boeing Commercial Airplanes, …read more […]

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PLA Soldiers Join in Cleanup of City Streets: Hong Kong Update

November 16, 2019 admin Comments Off on PLA Soldiers Join in Cleanup of City Streets: Hong Kong Update

(Bloomberg) — People’s Liberation Army soldiers joined residents and workers in cleaning up Hong Kong streets after a week of some of the worst violence in five months of unrest.On Saturday morning workers removed the debris from Tolo Highway beneath the bridge blockaded by protesters, while in Kowloon Tong a group of PLA soldiers in T-shirts and shorts helped clear the area before jogging in squads back to their garrison, Radio Television Hong Kong reported.On Friday, a five-day standoff between protesters and police at Chinese University of Hong Kong ended as the activists evacuated their makeshift fortress. Earlier, vice chancellor …read more […]

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Boeing says timing of 737 MAX return in hands of regulators

November 16, 2019 admin Comments Off on Boeing says timing of 737 MAX return in hands of regulators

Boeing said on Saturday the U.S. Federal Aviation Administration and other global regulators would decide the timing of the return to service of its 737 MAX, which has been grounded since March in the wake of two fatal crashes. The head of the FAA has told his team to “take whatever time is needed” in its review of the MAX, according to a Nov. 14 memo seen by Reuters, issued days after Boeing said it expected the FAA to certify the 737 MAX in mid-December. “The FAA and regulators around the world control the schedule,” Stan Deal, …read more […]