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Boeing says timing of 737 MAX return in hands of regulators

Boeing moved on Saturday to ease tensions with regulators over the return to service of its 737 MAX, saying it was up to the U.S. Federal Aviation Administration and its global counterparts to approve changes to the jet in the wake of two accidents. The FAA told its staff this week to take whatever time was needed to review the grounded plane after Boeing said it expected the FAA to certify the 737 MAX in mid-December. “We put some targets out that still line up to December … type certification,” Stan Deal, chief executive of Boeing Commercial Airplanes, …read more […]

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UPDATE 1-Boeing says timing of 737 MAX return in hands of regulators

Boeing moved on Saturday to ease tensions with regulators over the return to service of its 737 MAX, saying it was up to the U.S. Federal Aviation Administration and its global counterparts to approve changes to the jet in the wake of two accidents. The FAA told its staff this week to take whatever time was needed to review the grounded plane after Boeing said it expected the FAA to certify the 737 MAX in mid-December. “We put some targets out that still line up to December … type certification,” Stan Deal, chief executive of Boeing Commercial Airplanes, …read more […]

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PLA Soldiers Join in Cleanup of City Streets: Hong Kong Update

(Bloomberg) — People’s Liberation Army soldiers joined residents and workers in cleaning up Hong Kong streets after a week of some of the worst violence in five months of unrest.On Saturday morning workers removed the debris from Tolo Highway beneath the bridge blockaded by protesters, while in Kowloon Tong a group of PLA soldiers in T-shirts and shorts helped clear the area before jogging in squads back to their garrison, Radio Television Hong Kong reported.On Friday, a five-day standoff between protesters and police at Chinese University of Hong Kong ended as the activists evacuated their makeshift fortress. Earlier, vice chancellor …read more […]

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Boeing says timing of 737 MAX return in hands of regulators

Boeing said on Saturday the U.S. Federal Aviation Administration and other global regulators would decide the timing of the return to service of its 737 MAX, which has been grounded since March in the wake of two fatal crashes. The head of the FAA has told his team to “take whatever time is needed” in its review of the MAX, according to a Nov. 14 memo seen by Reuters, issued days after Boeing said it expected the FAA to certify the 737 MAX in mid-December. “The FAA and regulators around the world control the schedule,” Stan Deal, …read more […]

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5 Mega Cap Stocks Hedge Funds Are Crazy About

One of the best tools for ordinary investors who are on the hunt for new ideas is 13F filings. Hedge funds hire some of the smartest Ivy League graduates as their analysts, have access to industry insiders whom they “consult” with, unconventional data sources that cost tens of thousands of dollars, years of experience and […] …read more […]

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Ford's UAW members vote to ratify new four-year contract

The United Auto Workers union said on Friday that rank-and-file members at Ford Motor Co have voted in favor of a new four-year labor contract with the No. 2 U.S. automaker. Talks with FCA are expected to begin on Monday, a UAW spokesman said. The union said 56.3% of Ford’s hourly workers voted to approve the deal, which allowed the company to avoid a strike like the one that cost its larger rival General Motors Co about $3 billion (£2.3 billion). …read more […]