Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors are expected to defend a U.S. extradition request in a third day of hearings on a case that has strained relations with China.
Boeing said on Tuesday it does not expect to win approval for the return of the 737 MAX to service until mid-year due to further potential developments in the certification process and regulatory scrutiny on its flight control system. “The best news I’ve heard on the MAX grounding was yesterday, when Boeing said June-July,” Avolon chief executive Domhnal Slattery told a conference in Dublin, adding he hoped it marked the beginning of the end of the MAX crisis. …read more […]
The head of aircraft lessor Avolon, which has committed to a fleet of 148 Boeing 737 MAX jets, said he believed the planemaker’s new June to July horizon for getting the grounded aircraft back in the air was a “worst case scenario.”
Joe Wolk, Johnson & Johnson CFO, joins Yahoo Finance’s Adam Shapiro and Julie Hyman to discuss its fourth-quarter earnings report, talc baby powder, the current controversy around Acetaminophen and why the Johnson & Johnson board will not split its portfolio. …read more […]
Sundar Pichai, the CEO of Alphabet Inc and its Google subsidiary, said on Wednesday that healthcare offers the biggest potential over the next five to 10 years for using artificial intelligence to improve outcomes, and vowed that the technology giant will heed privacy concerns.
Company saw a considerable decline in legal expenses during the quarter as compared to the year-ago period Continue reading… …read more […]
Renault on Wednesday said France’s anti-corruption agency was carrying out checks at the company, though a source at the carmaker, which was rocked by the arrest of former boss Carlos Ghosn, said the inspection was a routine matter.
The chief executive of aircraft leasing giant Aercap , which has 100 737 MAX jets on order from Boeing , on Wednesday said his airline customers remained confident in the grounded aircraft and there was no alternative.
New energy efficiency standards have been passed by every president since Ronald Reagan. These standards have been responsible for saving Americans almost $2 trillion.
In 1987, President Reagan signed the first energy conservation standards bill. It covered 12 different classes of major home appliances.
These included refrigerators, stoves, heat pumps and air conditioners. All had to meet tighter energy use standards.
Supporters of the bill talked about the savings. Others said appliance costs would skyrocket.
But appliance prices haven’t gone up as a result of new standards. It’s just the opposite.
Data from the U.S. Bureau of Labor Statistics shows that prices were 22.52% lower …read more […]
U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018, though record low inventory could be an obstacle to continued strong gains.
Fashion company Ted Baker warns that an issue with overvalued stock is more than twice as bad as they initially expected. Burberry is also sinking today, despite raising its outlook. Yahoo Finance’s Edmund Heaphy joins the On The Move panel from London to discuss. …read more […]
Tesla Inc and the state of Michigan confirmed Wednesday they have resolved the company’s 2016 lawsuit challenging the state’s refusal to allow the company to sell vehicles directly to consumers.
The U.S. Senate passed rules for President Trump’s impeachment trial, Us Weekly Magazine reports Lori Loughlin’s daughters may testify, U.S. drinking water contamination is worse than people thought, according to the Environmental Working Group, and Derek Jeter gets elected into the Baseball Hall of Fame. Yahoo Finance’s Adam Shapiro discusses. …read more […]
The S&P 500 and the Nasdaq hit record highs on Wednesday as a strong forecast from IBM added to optimism over earnings, while investors assessed risks from a virus outbreak in China.
United Airlines Holdings Inc does not expect to fly the Boeing 737 MAX this summer, President Scott Kirby said on Wednesday, following news from Boeing Co that it does not expect to win approval for the MAX to fly again until mid-year.
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