January 22, 2020

No alternative to grounded Boeing 737 MAX, Aercap CEO says

The chief executive of aircraft leasing giant Aercap , which has 100 737 MAX jets on order from Boeing , on Wednesday said his airline customers […]
January 22, 2020

U.S. home sales surge to near two-year high; supply at record low

U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market […]
January 22, 2020

Fiat Chrysler CEO: Peugeot merger talks progressing well

Fiat Chrysler’s chief executive Michael Manley said on Wednesday that merger talks with Peugeot owner PSA to create the world’s No. 4 carmaker are progressing well […]
January 22, 2020

Michigan, Tesla settle suit over direct vehicle sales

Tesla Inc and the state of Michigan confirmed Wednesday they have resolved the company’s 2016 lawsuit challenging the state’s refusal to allow the company to sell […]
January 22, 2020

S&P 500, Nasdaq hit record highs on IBM, chip power

The S&P 500 and the Nasdaq hit record highs on Wednesday as a strong forecast from IBM added to optimism over earnings, while investors assessed risks […]
January 22, 2020

United says does not expect to fly the 737 MAX this summer

United Airlines Holdings Inc does not expect to fly the Boeing 737 MAX this summer, President Scott Kirby said on Wednesday, following news from Boeing Co […]
January 22, 2020

Tesla’s furious rally pushes market value past $100 billion

Tesla Inc shares surged on Wednesday, and the company became the first publicly listed U.S. automaker to cross $100 billion in market valuation, more than Ford […]
January 22, 2020

WeWork offloads non-core business Teem, stake in The Wing

Shared workplace operator WeWork said on Wednesday it sold cloud and analytics services provider Teem to digital workplace solutions provider iOFFICE, as it offloads non-core businesses […]
January 22, 2020

S&P, Nasdaq hit new highs on waning China virus fears, earnings

The S&P 500 and the Nasdaq hit fresh all-time highs at the open on Wednesday, as investors took heart from China’s efforts to contain a virus […]
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