Business & Finance News
The oil industry should engage with proponents of the “Green New Deal,” a Democratic initiative seeking to radically reduce U.S. dependence on fossil fuels, BP Chief Executive Officer Bob Dudley said on Tuesday.
The U.S. Senate Finance Committee has invited executives from five pharmacy benefit managers to testify on April 3 on the rising costs of prescription medicines, in Congress’s latest effort to question industry officials directly over an issue voters consistently cite as a top concern.
Argentina and other South American nations are evaluating closing their airspace to Boeing 737 MAX airplanes following two fatal crashes in five months involving that type of plane, Argentina’s state-run news agency Telam reported on Tuesday.
The U.S. aviation regulator said on Tuesday it would not ground Boeing Co 737 MAX planes after a crash in Ethiopia that killed 157 people, bucking a trend of countries around the world that have suspended the aircraft’s operations.
Fiji Airways and the Civil Aviation Authority of Fiji on Wednesday temporarily grounded the carrier’s two Boeing Co 737 MAX planes, following two fatal crashes involving the aircraft in Indonesia and Ethiopia.
Mexico’s telecoms regulator said on Tuesday it had approved the Walt Disney Co’s $71 billion purchase of Twenty-First Century Fox Inc’s film and television assets, subject to conditions, including the sale of Fox Sports channels.
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.
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