Groundings of brand-new Boeing 737 MAX 8 jets have sent shockwaves through global aviation after a crash in Ethiopia, but many airlines are managing to keep to schedule with other jets while economic woes mean some may be grateful for a pause.
Asian share markets got off to a subdued start on Wednesday after a mixed finish on Wall Street, while a frazzled pound awaited its fate ahead of yet another make-or-break parliamentary vote on Brexit.
Ride-hailing startup Uber Technologies Inc has hired a string of investment banks to its syndicate of initial public offering underwriters, as it ramps up preparations for a stock market debut, people familiar with the matter said on Tuesday.
Canada has no plans to ground Boeing Co 737 MAX 8 aircraft but is ready to “act immediately” to suspend flights if new information emerges indicating there is a problem, Transport Minister Marc Garneau said on Tuesday.
U.S. lawmakers questioning the chief executives of T-Mobile US Inc and Sprint Corp over their planned merger sparred with each other on Tuesday over T-Mobile’s executives staying at President Donald Trump’s hotel where they spent $195,000 while in Washington.
New Zealand’s aviation regulator on Wednesday suspended Boeing Co 737 MAX aircraft from flying to or from the country, following fatal crashes involving the U.S. planemaker’s model in Indonesia and Ethiopia.
Jeffrey Gundlach, the chief executive of DoubleLine Capital and Wall Street’s Bond King, called the increasingly popular Modern Monetary Theory backed by progressives a “crackpot” idea.
Bermuda has prohibited Boeing’s 737 MAX 8 and 737 MAX 9 aircraft from its airspace until further notice following Sunday’s deadly plane crash in Ethiopia, the British overseas territory’s aviation authority said on Tuesday.
Jeffrey Gundlach, the chief executive of DoubleLine Capital and Wall Street’s Bond King, called the increasingly popular theory backed by progressives – the Modern Monetary Theory – a “crackpot” idea.
The U.S. aviation regulator said on Tuesday it would not ground Boeing 737 MAX planes after a crash in Ethiopia which killed 157 people, bucking a trend of countries around the world that have suspended the aircraft’s operations.
A trial in which a California man alleged his use of Bayer AG’s glyphosate-based Roundup weed killer caused his cancer went to a federal U.S. jury after lawyers for both sides delivered their closing arguments on Tuesday.
Rite Aid Corp said on Tuesday its chief executive officer would exit as part of a revamp of its top deck, and that it would slash about 400 job corporate positions.
A trial in which a California man alleged his use of Bayer AG’s glyphosate-based Roundup weed killer caused his cancer went to a federal U.S. jury after lawyers for both sides delivered their closing arguments on Tuesday.
The Federal Aviation Administration said on Tuesday it will not ground the Boeing 737 MAX that has been involved in two fatal crashes since October despite a growing number of countries ordering the planes to stop flying.
The top U.S. securities regulator received permission from a federal judge on Tuesday to respond to Tesla Inc Chief Executive Elon Musk’s arguments that his Twitter post about the electric vehicle maker’s production volume did not violate his recent fraud settlement.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
