Author: Biznews

Popular Boeing Jet Under Scrutiny After Crash

The United States told international carriers on Monday that the Boeing 737 Max 8 is airworthy as regulators scrutinize two fatal crashes of the new model of aircraft since October, but said it will mandate forthcoming “design changes” from Boeing by April. An Ethiopian Airlines 737 Max 8 bound for …

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Popular Boeing Jet Under Scrutiny After Crash

The United States told international carriers on Monday that the Boeing 737 Max 8 is airworthy as regulators scrutinize two fatal crashes of the new model of aircraft since October, but said it will mandate forthcoming “design changes” from Boeing by April. An Ethiopian Airlines 737 Max 8 bound for …

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US Adds Just 20K Jobs; Unemployment Dips

Hiring tumbled in February, with U.S. employers adding just 20,000 jobs, the smallest monthly gain in nearly a year and a half. The slowdown in hiring, though, might have been depressed by harsh winter weather and the partial shutdown of the government. Last month’s weak gain came after employers had …

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US Adds Just 20K Jobs; Unemployment Dips

Hiring tumbled in February, with U.S. employers adding just 20,000 jobs, the smallest monthly gain in nearly a year and a half. The slowdown in hiring, though, might have been depressed by harsh winter weather and the partial shutdown of the government. Last month’s weak gain came after employers had …

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Longest Bull Market Looks to Keep Going

Wall Street has rewarded its most patient investors handsomely over the past 10 years. Is there more to come? The S&P 500, the U.S. market’s benchmark index, has gained about 309 percent since bottoming out at 676.53 points in March 2009 during the Great Recession, according to FactSet. The index …

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Longest Bull Market Looks to Keep Going

Wall Street has rewarded its most patient investors handsomely over the past 10 years. Is there more to come? The S&P 500, the U.S. market’s benchmark index, has gained about 309 percent since bottoming out at 676.53 points in March 2009 during the Great Recession, according to FactSet. The index …

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IMF Comments on ‘Complex’ Venezuela Situation

The International Monetary Fund on Thursday called Venezuela one of the most “complex situations” it had ever seen.    IMF spokesman Gerry Rice described Venezuela and its economy as a combination of “food and nutrition crises, hyperinflation, a destabilized exchange rate, debilitating human capital and physical productive capacity, and a …

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IMF Comments on ‘Complex’ Venezuela Situation

The International Monetary Fund on Thursday called Venezuela one of the most “complex situations” it had ever seen.    IMF spokesman Gerry Rice described Venezuela and its economy as a combination of “food and nutrition crises, hyperinflation, a destabilized exchange rate, debilitating human capital and physical productive capacity, and a …

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China’s Huawei Sues US Government Over Ban

Chinese tech giant Huawei has sued the U.S. government, arguing that legislation Congress passed last year that restricts its business in the United States is “unconstitutional.” The case, which analysts see more as a public relations move, is but the latest in an intensifying effort by the telecommunications company to …

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