Rolls-Royce said on Thursday that turbine blades of its problematic Trent 1000 engines were wearing out faster than expected, grounding additional Boeing Co 787 widebody jets for early repairs.
Ryanair is bracing on Friday for another strike by staff as walkouts in six European countries, mainly cabin crew, force flight cancellations that will disrupt the plans of more than 40,000 travellers.
A U.S. judge on Thursday ordered Goldman Sachs Group Inc , JPMorgan Chase & Co and four other large banks to face an antitrust lawsuit by investors who said they conspired to stifle competition in the nearly $2 trillion stock lending market.
U.S. securities regulators on Thursday accused Tesla Inc Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of “false and misleading” tweets about potentially taking Tesla private last month.
Department store operator J.C. Penney Co Inc said on Thursday its Chief Financial Officer Jeffrey Davis plans to step down effective Oct. 1.
U.S. securities regulators on Thursday accused Tesla Inc Chief Executive Elon Musk of fraud and sought to ban him as an officer of a public company, saying he made a series of “false and misleading” tweets about potentially taking the electric car company private last month.
Boeing Co was selected to build the U.S. Air Force’s next training jet in a contract worth up to $9.2 billion over the life of the program, the Air Force said on Thursday.
Wall Street climbed on Thursday, helped by gains in Apple, Alphabet and Facebook, as well as the U.S. Federal Reserve’s confidence in the strength of the economy after it raised rates for the third time this year.
The U.S. economy does not face a large chance of a recession in the next two years and the Federal Reserve plans to keep gradually raising interest rates, Fed Chairman Jerome Powell said on Thursday.
The U.S. economy is not facing a large chance of a recession in the next two years, Federal Reserve Chairman Jerome Powell said on Thursday.
The U.S. Securities and Exchange Commission on Thursday sued Tesla Inc Chief Executive Elon Musk, accusing him of securities fraud for making a series of “false and misleading” tweets about potentially taking the electric car company private.
British engine maker Rolls-Royce said on Thursday it was managing a number of durability issues within its Trent 1000 fleet and was replacing affected parts.
Wall Street rose on Thursday, helped by gains in Apple, Alphabet and Facebook, as well as the U.S. Federal Reserve’s confidence in the strength of the economy after it raised rates for the third time this year.
Google’s chief executive officer, Sundar Pichai, is on Capitol Hill this week to face questions from Republican lawmakers who accuse the company of being biased against conservatives and have raised a litany of other concerns.
Boeing Co’s jet was selected to build the U.S. Air Force’s next training jet in a contract worth up to $9.2 billion over the life of the program, a U.S. official said on Thursday.
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