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Business News

Goldman Sachs sets targets for Hispanic and black entry-level hires

March 19, 2019 admin Comments Off on Goldman Sachs sets targets for Hispanic and black entry-level hires

Goldman Sachs Group Inc is setting targets for hiring minority groups for the first time as it ramps up efforts to diversify its workforce, according to a memo sent by top executives to employees on Monday.

…read more […]

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Business News

German lawmakers challenge deputy finance minister’s Goldman link in bank merger

March 19, 2019 admin Comments Off on German lawmakers challenge deputy finance minister’s Goldman link in bank merger

German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of interest in the U.S. investment bank advising state-backed Commerzbank on a possible merger with Deutsche Bank.

…read more […]

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Business News

Foxconn says Wisconsin factory production to launch by 2020

March 18, 2019 admin Comments Off on Foxconn says Wisconsin factory production to launch by 2020

Foxconn Technology Group Ltd said on Monday it will complete work on a new factory in Wisconsin to assemble liquid crystal display screens and start production before the end of next year.

…read more […]

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Algeria suspends all Boeing 737 MAX 8 and 9 flights: Ennahar TV

March 18, 2019 admin Comments Off on Algeria suspends all Boeing 737 MAX 8 and 9 flights: Ennahar TV

Algeria’s civil aviation authority has suspended all flight operations of Boeing 737 MAX 8 and 9 planes as a precautionary measure following the Ethiopian Airlines plane crash, Ennahar TV reported on Monday.

…read more […]

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Wall St. advances ahead of Fed policy meeting

March 18, 2019 admin Comments Off on Wall St. advances ahead of Fed policy meeting

Banks and tech helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week’s U.S. Federal Reserve meeting for affirmation of its commitment to “patient” monetary policy.

…read more […]

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Business News

U.S. states probing Hyundai, Kia over vehicle fires: Connecticut AG

March 18, 2019 admin Comments Off on U.S. states probing Hyundai, Kia over vehicle fires: Connecticut AG

A group of U.S. states is investigating Hyundai Motor Co and Kia Motors Corp for potential unfair and deceptive acts related to reports of hundreds of vehicle fires, Connecticut Attorney General William Tong said on Monday.

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Oil closes in on four-month highs on OPEC cuts, U.S. stock draw

March 18, 2019 admin Comments Off on Oil closes in on four-month highs on OPEC cuts, U.S. stock draw

Oil prices rose to near four-month highs on Monday, supported by the prospect of extended OPEC-led oil supply curbs and signs of inventory declines in U.S. crude stockpiles.

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Canada re-examining Boeing 737 MAX approval after FAA certification probe

March 18, 2019 admin Comments Off on Canada re-examining Boeing 737 MAX approval after FAA certification probe

Transport Canada is re-examining the validation it gave Boeing Co’s 737 MAX jets, following reports of a U.S. probe into the aircraft’s certification by the Federal Aviation Administration (FAA), Canadian Transport Minister Marc Garneau said on Monday.

…read more […]

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Business News

Warner Bros CEO Kevin Tsujihara resigns as AT&T probes ‘mistakes’

March 18, 2019 admin Comments Off on Warner Bros CEO Kevin Tsujihara resigns as AT&T probes ‘mistakes’

Kevin Tsujihara has resigned as the head of Warner Bros as one of Hollywood’s most powerful studios investigates a report that he improperly helped an actress obtain roles at the studio.

…read more […]

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Wall Street ends higher, with biggest boost from banks

March 18, 2019 admin Comments Off on Wall Street ends higher, with biggest boost from banks

Banks helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week’s Federal Reserve meeting for affirmation of its commitment to “patient” monetary policy.

…read more […]

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Business News

CEO steps down as Warner Bros probes his role in helping actress

March 18, 2019 admin Comments Off on CEO steps down as Warner Bros probes his role in helping actress

Kevin Tsujihara has resigned as the head of Warner Bros as one of Hollywood’s most powerful studios investigates a report that he improperly helped an actress obtain roles at the studio.

…read more […]

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Business News

Canada re-examining MAX approval after FAA certification probe

March 18, 2019 admin Comments Off on Canada re-examining MAX approval after FAA certification probe

Transport Canada is re-examining the validation it gave Boeing Co’s 737 MAX jets, following reports of a U.S. probe into the aircraft’s certification by the Federal Aviation Administration (FAA), Canadian Transport Minister Marc Garneau said on Monday.

…read more […]

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Business News

What we know about Boeing 737 MAX crash and what comes next

March 18, 2019 admin Comments Off on What we know about Boeing 737 MAX crash and what comes next

More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken out of service following two fatal crashes over the past five months in Ethiopia and Indonesia that killed almost 350 people in all.

…read more […]

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Google seeking to promote rivals to stave off EU antitrust action

March 18, 2019 admin Comments Off on Google seeking to promote rivals to stave off EU antitrust action

Google is trying to boost price comparison rivals such as Kelkoo in an effort to appease European Union antitrust regulators and ward off fresh fines following a 2.4-billion-euro ($2.7 billion) penalty nearly two years ago.

…read more […]

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Deutsche, Commerzbank talks private commercial decision: SPD leader

March 18, 2019 admin Comments Off on Deutsche, Commerzbank talks private commercial decision: SPD leader

Merger talks between Deutsche Bank and its smaller rival Commerzbank are a private commercial decision, the leader of the German centre-left SPD party, Andrea Nahles, said on Monday.

…read more […]

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