Year: 2020

A $4.2 billion deal for Boeing to buy the civil jetmaking arm of Brazil’s Embraer has hit a roadblock over implementation, leaving its fate uncertain unless a breakthrough can be found quickly, people familiar with the talks said. The companies have been in discussions to assess whether various contractual conditions have been met for the tie-up, including the way a new venture 80%-owned by Boeing would be set up and funded, and have the rest of Friday to resolve the issue. The deal also depends on delayed approval from the European Union which has said it needs until …read more […]

A $4.2 billion deal for Boeing to buy the civil jetmaking arm of Brazil’s Embraer has hit a roadblock over implementation, leaving its fate uncertain unless a breakthrough can be found quickly, people familiar with the talks said. The companies have been in discussions to assess whether various contractual conditions have been met for the tie-up, including the way a new venture 80%-owned by Boeing would be set up and funded, and have the rest of Friday to resolve the issue. The deal also depends on delayed approval from the European Union which has said it …read more […]

The economy has ground to a halt, for now, and there is plenty of debate on when and how the recovery will come, but one thing is certain: there will be change. Many of the changes will likely involve the way we work and communicate – the ‘social distancing’ policies in place have forced many white-collar workers to move their workspace from the office to the home, and increased the demands on the nation’s networking infrastructure and internet access plans.Lower costs and latency will be in high demand, even as the workforce hopfully returns to normal in 2H20. It’s likely …read more […]

President Trump suggested medical workers treat coronavirus with a disinfectant ‘injection’, which could help ‘clean’ lungs. Yahoo Finance’s Rick Newman joins the On The Move panel to weigh in. …read more […]

(Bloomberg) — Halliburton Co. is shutting down primary operations in Venezuela as the U.S. tightens sanctions against the Nicolas Maduro regime.“Through December 1, 2020, we are only permitted to perform certain transactions and activities necessary for safety or the preservation of assets in Venezuela, along with other administrative activities,” the company said Friday in a federal filing. “It is unlikely that we will be able to remove our assets that remain in Venezuela and those assets may be expropriated.”The Trump administration is ratcheting up pressure on Maduro’s regime as the country reels from the Covid-19 pandemic and the lowest oil …read more […]

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