U.S. FAA must restore ‘public confidence’ in plane certification -inspector general
The Federal Aviation Administration (FAA) must work to restore “public confidence” in aircraft certification efforts after two deadly Boeing 737 MAX crashes, the U.S. Transportation...
Global stocks rise despite lackluster results; sterling creeps up as EU delays Brexit decision
World stock indexes climbed on Wednesday as investors brushed aside some earnings disappointments, while the British pound inched up as European Union leaders delayed a...
Vinik to shut down hedge fund, says raising cash ‘much harder’ than expected
Money manager Jeffrey Vinik said on Wednesday he was shutting down his stock-picking hedge fund, citing unexpected difficulties raising cash for the decision to end...
Exclusive: U.S. FAA must restore ‘public confidence’ in plane certification – inspector general
The Federal Aviation Administration (FAA) must work to restore “public confidence” in aircraft certification efforts after two deadly Boeing 737 MAX crashes, the U.S. Transportation...
Wall Street treads water as chip stocks, Nike fall
The benchmark S&P 500 was little changed on Wednesday as lackluster quarterly reports from Texas Instruments Inc pushed down semiconductor stocks and the departure of...
Sterling edges up as EU considers Brexit request; stocks flat
World stock indexes were flat to lower on Wednesday with a disappointing forecast from Texas Instruments dragging down chipmaker shares, while the British pound inched...
Brazil court approves contract draft for transfer of rights oil deal
Brazil’s federal audits court on Wednesday approved a draft contract for a massive transfer of rights oil deal between state-run oil firm Petroleo Brasileiro SA...
Teva’s proposed opioid settlement could cost drugmaker pennies on the dollar
Teva Pharmaceutical Industries Ltd’s proposed $23 billion drug giveaway to settle thousands of U.S. opioid lawsuits will likely cost the company a fraction of that...
U.S. money market assets increased in latest week: iMoneyNet
U.S. money market fund assets increased by $18.00 billion to $3.437 trillion in the week ended Oct 22, the Money Fund Report said on Wednesday....
Explainer: Google hails ‘quantum supremacy’, but don’t chuck out your PC just yet
Researchers at Google say they have achieved ‘quantum supremacy’, in which a computer harnessing the properties of sub-atomic particles did a far better job of...