Shares of Boeing Co and its global suppliers fell further on Tuesday as analysts began to tally the cost of the U.S. planemaker’s decision to suspend production of 737 MAX jets in January, its biggest assembly-line halt in more than two decades.
The portion of federal tax revenue from businesses will hit the lowest level ever this year. …read more […]
Operational missteps and a dubious internal reorganization may be the true causes of Expedia’s poor quarter Continue reading… …read more […]
You need to play offense and defense. …read more […]
The latest blow to the next-generation aircraft could prove extremely costly Continue reading… …read more […]
Facebook, Bed Bath and Beyond, Unilever, Fiat Chrysler and Netflix are among the companies the Yahoo Finance team is watching today. …read more […]
Thirteen prominent banks and financial services companies agreed to pay $337 million to resolve claims by investors that they conspired to rig prices of bonds issued by mortgage companies Fannie Mae and Freddie Mac for a decade.
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren’t usually symmetrically distributed and index […] …read more […]
Yahoo Finance’s Brian Sozzi, Alexis Christoforous and Jared Blikre discuss the latest market action with Heritage Capital President & CIO Paul Schatz and BNY Mellon Chief Strategist Alicia Levine on The First Trade.” …read more […]
Workers at three Amazon logistics centers in Germany have joined a strike called by trade union Verdi that will last until Saturday as part of a long-running bid for better pay and conditions.
The blue-chip Dow Jones index dipped at the opening bell on Tuesday, pressured by a fall in shares of Boeing as the crisis around its 737 MAX jet deepened, while the S&P 500 and Nasdaq indexes eked out gains.
British defense company BAE Systems said Tom Arseneault would replace Jerry DeMuro as chief executive of its U.S. business, BAE Systems Inc, next year.
Oil rose further above $65 a barrel on Tuesday, supported by hopes that the U.S.-China trade deal will bolster oil demand in 2020 and the prospect of lower U.S. crude supplies.
Southwest Airlines Co said on Tuesday it was cancelling nearly double the number of flights through April than it has done since the Boeing 737 MAX grounding last March amid uncertainty over when the aircraft will fly again.
The company has come under criticism from regulators, suppliers and airlines for providing what have turned out to be unrealistic estimates for the 737 MAX returning to service. 12, 2019 – Boeing abandons its goal of winning regulatory approval for the 737 MAX to resume flying in December after the FAA said the plane would not be cleared to fly before 2020. 11, 2019 – FAA chief Steve Dickson says 737 MAX will not be cleared to fly before the end of 2019. …read more […]
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