The world’s shares hit a record high on Friday as a relief over de-escalation of U.S.-Iranian tensions quickly prompted investors to bet on faster global growth, especially in the technology sector.
Boeing Co on Thursday released hundreds of internal messages that raise serious questions about its development of simulators and the 737 MAX that was grounded in March after two fatal crashes, prompting outrage from U.S. lawmakers.
The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But if you buy shares in a… …read more […]
Development of China’s C919 single-aisle plane, already at least five years behind schedule, is going slower than expected, a dozen people familiar with the program told Reuters, as the state-owned Commercial Aircraft Corporation (COMAC) struggles with a range of technical issues that have severely restricted test flights.
Alphabet Inc’s Waymo said on Thursday that arbitrators had finalized a judgment of $128 million, plus undisclosed legal costs and interest, against two former employees who went to rival Uber Technologies Inc.
Oil prices dropped on Friday extending days of losses as the threat of war in the Middle East, a major oil producing region, receded and investors switched their attention to economic growth prospects and demand for crude.
Boeing Co late Thursday released redacted versions of communications tied to the development of simulators used in the development of the 737 MAX it called “completely unacceptable.”
The world’s shares hit a record high on Friday as a relief over de-escalation of U.S.-Iranian tensions quickly prompted investors to bet on faster global growth, especially in the technology sector.
The global trade wars may not be over, but U.S. Federal Reserve officials on Thursday said the economy may have weathered the worst of it as risks begin to ease and businesses adjust to a new trade environment.
Private equity firm Blackstone Group Inc has secured $3.4 billion from investors for its first fund dedicated to investments in the life sciences sector, targeting $4.6 billion in total, a regulatory filing showed on Thursday.
Facebook Inc announced limited changes on Thursday to its approach to political ads, including allowing users to turn off certain ad-targeting tools, but defied critics’ demands that it bar politicians from using its ads system to spread lies.
Shares of Bed, Bath & Beyond plunged on Thursday, after the home goods retailer revealed an 8.3% sales decline in the third-quarter and abandoned its financial targets. Rival retailers Kohl’s and J.C. Penney also suffered in Thursday’s trade, with their individual holiday sales numbers similarly disappointing investors. …read more […]
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