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Fed may end up seeing ’95 rate cuts as a template for today

Bloomberg As Federal Reserve Chairman Jerome Powell and his colleagues gather this week for a policy making meeting, some of them will likely have 1995 on their mind. That was the year that the Fed initiated a mid-course correction in monetary policy, cutting interest rates after a sustained bout of tightening. Now some officials and investors are beginning to wonder ...

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Boeing 737 Max lacked key sensor alert, says Southwest

Bloomberg Southwest Airlines Co first learned from Boeing Co after a deadly Lion Air crash in October that an alert warning pilots of a sensor malfunction linked to the disaster wasn’t a standard feature on the 737 Max. The world’s largest 737 operator and its pilots had thought that the warning light worked on all Max jets, as it had ...

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Metro picks veggie startup, Wumart in China bidding

Bloomberg Meicai, a Chinese startup that helps farmers sell vegetables to restaurants, and supermarket operator Wumart Stores Inc are among firms picked for the next round of bidding for German food wholesaler Metro AG’s $1.5 billion Chinese business, people with knowledge of the matter said. Local grocery chain Yonghui Superstores Co and Suning Holdings Group, the parent company of Chinese ...

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