Bloomberg Federal Reserve Bank of New York President John Williams called for continued gradual rate increases as a strong US economy pushes unemployment close to a half-century low. In his first full policy speech since moving to New York from the San Francisco Fed, Williams downplayed the guiding power of the neutral rate — the one that divides tight and ...

Bloomberg Embraer SA will have the right to block ten crucial matters in the commercial-aircraft joint venture it’s forming with Boeing Co, according to a Memorandum of Understanding between the two companies. The document was made available via the website of the Sao Jose dos Campos Metalworkers Union on Septemebr 21 after the Labor Prosecutor’s Office requested a copy of ...

Bloomberg Societe Nouvelle Air Congo, a state-owned carrier, is in talks with Commercial Aircraft Corp. of China Ltd. to buy three new aircraft as it prepares to begin offering regional flights, a director said. The company, known as SN Air Congo, plans to acquire ARJ21s, Michael Gollo, head of quality, safety and security, said by phone in the Republic of ...