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‘We are all humbled’: Boeing CEO publishes contrite originate letter, as 737 Max smash investigations zero in on utility linked to nosedives that brought down 2 planes

Posted on March 27th, 2019 by admin

Boeing’s CEO said the company is “humbled” and “learning” in an open letter to Ethiopian Airlines and the wider aviation industry after two fatal crashes involving their 737 Max jets. Dennis Muilenburg said Boeing will work “to earn and strengthen the flying public’s trust” as countries and airlines grounded the planes after two went into…

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A Switzerland-basically based plumbing firm could perhaps be ground zero for the next US recession — and the signals it’s flashing are worrisome

Posted on March 27th, 2019 by admin

Plumbing and heating supply giant Ferguson is forecasting much slower growth in the coming months, and a UK analyst says that’s a bad sign for the housing market and the US economy. The slowdown in sales growth for Ferguson means US housing sales aren’t getting any healthier, according to Russ Mould, the investment director for…

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‘We’re going by design of a nationwide crisis’: Alexandria Ocasio-Cortez passionately defends her Green Recent Deal resolution as Republicans say it as a lot as fail within the Senate

Posted on March 27th, 2019 by admin

Rep. Alexandria Ocasio-Cortez delivered a passionate defense of her Green New Deal proposal on Tuesday, as Republicans brought the nonbinding resolution up for a vote in the Senate. The Senate rejected the Green New Deal on Tuesday in what Democrats described as a political stunt designed to put pressure on vulnerable incumbents. Ocasio-Cortez argued that…

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Apple will must belly sizable losses for a in point of fact very prolonged time in give an explanation for to prevail with its Hollywood push

Posted on March 27th, 2019 by admin

Apple must be prepared to shoulder huge losses to succeed in the TV business.On Monday, the tech giant announced Apple TV Plus, its entry into the streaming TV market.The company is used to enjoying huge profits on the sales of the iPhone, its star product — but entertainment is very different.Apple needs to have the…

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A DATE IS SET: A Earn will hear arguments on whether or now not Elon Musk is in contempt of court subsequent month

Posted on March 26th, 2019 by admin

A judge will hear oral arguments on whether Tesla CEO Elon Musk is in contempt of an Securities and Exchange Commission ruling on April 4. Musk’s contempt charge is related to a tweet he sent falsely claiming that Tesla would make 500,000 cars in 2019. The company has estimated it would make around 400,000 in…

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Companies bought back a file $223 billion of their have stock final quarter — even supposing Congress has been criticizing the note

Posted on March 26th, 2019 by admin

Companies bought back a record $223 billion of their own stock last quarter — even though Congress has been criticizing the practice

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A Southwest Airways Boeing 737 Max real made an emergency landing in Florida

Posted on March 26th, 2019 by admin

A Southwest Airlines Boeing 737 Max airliner made an emergency landing in Orlando, Florida on Tuesday. According to the FAA, the pilots reported an engine issue. The plane was being ferried to Victorville, California for desert storage. No passengers were on board. A Southwest Airlines Boeing 737 Max airliner made an emergency landing in Orlando,…

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Trump’s nationwide emergency declaration for a border wall survives after Home fails to override veto

Posted on March 26th, 2019 by admin

The House of Representatives failed to garner enough votes to override President Donald Trump’s veto of the resolution crafted to terminate his national emergency declaration. A veto override would have required a two-thirds majority of both the House and the Senate to reverse Trump’s decision. Trump’s national emergency declaration is also facing several lawsuits. WASHINGTON…

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Companies sold again a file $223 billion of their occupy stock last quarter — despite the actual fact that Congress has been criticizing the observe

Posted on March 26th, 2019 by admin

Both Democrats and Republicans have blasted corporate buybacks. But political pressure hasn’t deterred America’s publicly traded companies, mostly in the tech sector, from buying back their own stock. S&P 500 companies bought backa record $223 billion of stock in the fourth-quarter, according to a new S&P Dow Jones Indices report, bringing last year’s total to…

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Michael Avenatti accuses Nike of paying college athletes a day after he turned into charged with attempting to extort the firm for $20 million

Posted on March 26th, 2019 by admin

Celebrity lawyer Michael Avenatti accused Nike of bribery in a series of tweets on Tuesday, one day after he was served with extortion charges involving the company. Avenatti wrote that the case against him that says he attempted to extort more than $20 million from the company was an attempt to “divert attention” from Nike’s…

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