FAA chief to testify at Dec. 11 U.S. House hearing on grounded Boeing 737 MAX
The head of the Federal Aviation Administration (FAA) will testify on Dec. 11 before a U.S. House panel on the agency’s review of the grounded...
Exclusive: Former Honeywell CEO in bid talks for Vertiv – sources
A company led by former Honeywell International Inc chief executive David Cote and backed by Goldman Sachs Group Inc is in talks to acquire U.S....
Roku tumbles 15% as Morgan Stanley warns of streaming ‘exuberance’
Roku Inc’s high-flying stock tumbled 15% on Monday after Morgan Stanley downgraded the video streaming company, warning that revenue and profit growth could slow next...
U.S. oil output growth slows: just how much is anyone’s guess
U.S. oil producers could expand daily output by 1 million barrels next year, or by as little as 100,000 barrels, with the wide gap creating...
U.S. stock funds see fourth straight week of outflows: Lipper
U.S. equity stock funds saw $390 million in outflows in the week ended on Wednesday, the fourth straight week of outflows for such funds, according...
Your Money: On #GivingTuesday, companies turbocharge holiday giving efforts
Four years ago, PayPal set out to break the Guinness World Record for the most money raised online for charity in 24 hours....
HSBC private banking sees double-digit asset, revenue growth on Asia boost
The private banking business of HSBC Holdings PLC is aggressively pursuing double-digit growth in client assets and revenue, riffing off a surge in Asian wealth,...
Exclusive: Hedge fund Citadel’s commodities business up about $1 billion for the year – sources
Citadel’s commodities investments are up at least $1 billion for the year, according to three sources familiar with the matter, helping to drive strong overall...
Local hero: Florida hotelier Harris Rosen keeps his giving close to home
Harris Rosen has a chain of eight hotels bearing his name in the Orlando area, but he makes most of his headlines these days for...
Morgan Stanley fund offer for PNE too low: shareholders group SdK
Morgan Stanley Infrastructure Partners’ offer for PNE which values the German renewable firm at 306 million euros ($337 million) is too low, small shareholders group...