March 16, 2019

Airlines fear long grounding of Boeing 737 MAX jets after Ethiopian crash

The grounding of Boeing’s 737 MAX jets after the crash in Ethiopia has had no immediate financial impact on airlines using the planes, but it will […]
March 16, 2019

Boeing 737 MAX software patch expected before end-March: sources

Boeing Co plans to release upgraded software for its 737 MAX in a week to 10 days, sources familiar with the matter said. Powered by WPeMatico
March 15, 2019

Wall Street gains with tech; S&P 500 posts best week since November

U.S. stocks rose on Friday, led by technology companies, as a report on progress in U.S.-China trade talks lifted sentiment, pushing the S&P 500 to its […]
March 15, 2019

Apple infringed three Qualcomm patents, jury finds

Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego […]
March 15, 2019

Airlines with buyers’ remorse may use Boeing 737 MAX ban to revise orders

The grounding of Boeing’s global 737 MAX fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it […]
March 15, 2019

UAL says business could be hurt if 737 MAX groundings extend into summer

United Continental Holdings Inc said on Friday it would see a negative financial and operational impact on its business if Boeing Co’s 737 MAX jets remain […]
March 15, 2019

Stocks gain on trade, Brexit optimism, dollar slides

A gauge of global equity markets hit a five-month high on Friday on investor optimism over U.S.-Chinese trade talks and hopes a new Brexit vote next […]
March 15, 2019

Volkswagen supervisory board condemns CEO’s ‘EBIT macht frei’ remark

Volkswagen’s supervisory board on Friday condemned remarks made by the company’s chief executive after he appeared to allude to a Nazi-era slogan when he attempted to […]
March 15, 2019

Russian metals tycoon Deripaska sues U.S. over sanctions

Russian tycoon Oleg Deripaska sued the United States on Friday, alleging that it had overstepped its legal bounds in imposing sanctions on his companies and made […]
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