Recent Posts

No 737 Max wiring fixes needed: FAA

Bloomberg Potentially dangerous wiring in Boeing Co’s 737 Max jets is the most recent flare-up between US and European regulators, further complicating the grounded plane’s return to service, according to the Wall Street Journal, which cited people familiar with the details. Experts at the European Union Aviation Safety Agency want certain wires moved to reduce the risk of short circuits, ...

Read More »

Amazon value tops $1tn as results beat expectations

Bloomberg Amazon.com Inc’s valuation briefly topped $1 trillion after its results beat expectations, with analysts applauding the popularity of the e-commerce giant’s one-day shipping initiative and the performance of its cloud-computing business. Shares surged as much as 9.9% in their biggest intraday gain since 2017 before paring back gains to trade below the $1 trillion threshold. The stock hit a ...

Read More »

Forever 21 proposes auction to keep fashion chain in business

Bloomberg Bankrupt retailer Forever 21 Inc asked a bankruptcy court to approve plans to sell “substantially all” of its assets to a buyer who might keep the chain in business. Forever 21 is in “substantial, round-the-clock negotiations” with a potential stalking-horse bidder, which would set a minimum price for the fashion chain while it continues to seek bids for alternative ...

Read More »
Send this to a friend