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Japan's ANA orders 15 more Boeing 787 Dreamliners worth $5 billion at list prices

SEATTLE/TOKYO (Reuters) – Japan’s ANA Holdings Inc will buy 15 Boeing Co 787 Dreamliners worth $5 billion at list prices, it said, the first commercial order announcement for the U.S. planemaker this year as it wrestles with the grounding of the smaller 737 MAX. The deal, which sees Japan’s biggest carrier switch from Rolls-Royce engines to ones supplied by General Electric, is a boost for Boeing after it posted no January orders for the first time in decades. ANA’s order includes 11 787-10 stretch versions and four shorter 787-9s. …read more […]

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Scaramucci: ‘Bernie can absolutely beat Trump’

The 2020 election is heating up ahead of the Democratic debate in South Carolina tonight. Former White House Communications Director Anthony Scaramucci says voters shouldn’t underestimate Bernie Sanders, saying he can “absolutely beat Trump”. He joins Yahoo Finance’s On the Move panel and Van Leeuwen & Company Managing Director Ken Van Leeuwen to discuss. …read more […]

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Macy's results beat forecasts on holiday sales lift

Shares of the Cincinnati, Ohio-based retailer were roughly flat in morning trading after jumping as much as 7%. Macy’s reported a small decline in holiday same-store sales in January, surprising investors who were bracing for a sharper drop after a profit warning citing weak international tourism and sluggish mall traffic. “We had a solid holiday season … our customers responded well to our gifting assortment and marketing strategies, especially in the 10 days before Christmas, when we saw a significant uptick in sales,” Chief Executive Officer Jeff Gennette said on a post-earnings conference call. …read more […]

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Key Republicans Still Undecided on Shelton’s Fed Nomination

(Bloomberg) — Three key Republicans on the Senate Banking Committee said Monday that they remain undecided on President Donald Trump’s nomination of Judy Shelton to the Federal Reserve Board.“She doesn’t have my vote yet,” Alabama Senator Richard Shelby said as lawmakers returned to Washington from a break.Republican Senator John Kennedy of Louisiana said he’s still reviewing Shelton’s work, trying to determine where she stands on policy issues regarding the Fed.“I’m just trying to understand what her position is,” he said. “It’s changed pretty dramatically.”Senator Pat Toomey, a Pennsylvania Republican and another member of the Banking Committee, is also undecided, according …read more […]