Business News

Southwest flight cancellations nearly double as 737 MAX crisis deepens

Reuters Biz News - Tue, 12/17/2019 - 09:29
Southwest Airlines Co said on Tuesday it was cancelling nearly double the number of flights through April than it has done since the Boeing 737 MAX grounding last March amid uncertainty over when the aircraft will fly again.
Categories: Business News

Hyundai's $1.8 billion deal with Daewoo hits EU antitrust hurdle

Reuters Biz News - Tue, 12/17/2019 - 09:26
World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd's $1.8 billion merger with rival Daewoo could inflate prices, EU antitrust regulators warned on Tuesday as they opened a full-scale investigation.
Categories: Business News

U.S. housing starts increase; permits hit 12-1/2-year high

Reuters Biz News - Tue, 12/17/2019 - 09:12
U.S. homebuilding increased more than expected in November and permits for future home construction surged to a 12-1/2-year high as lower mortgage rates continue to boost the housing market and support the broader economy.
Categories: Business News

Timeline: Boeing's changing schedule for 737 MAX fix, return to service

Reuters Biz News - Tue, 12/17/2019 - 09:07
Boeing Co said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, the firm's biggest assembly-line halt in more than 20 years, as repercussions of two fatal crashes of the now-grounded aircraft drag into 2020.
Categories: Business News

14 Gifts for Teens (2019): Hydro Flasks, Instant Cameras, and More

Wired RSS Feed - Tue, 12/17/2019 - 09:00
Teenagers are scary. From Herschel bags and reusable straws to the Switch, these adolescent-approved gifts are sweet.
Categories: Business News

The Perils and Promise of Artificial Conscientiousness

Wired RSS Feed - Tue, 12/17/2019 - 09:00
AI doesn't know when it creates unintended consequences. As builders try to fix this, they may actually contribute to the problem.
Categories: Business News

Eli Lilly sees higher-than-expected 2020, citing growing demand for its medicines

CNBC Earnings - Tue, 12/17/2019 - 08:56
Eli Lilly on Tuesday forecast a higher-than-expected profit for 2020, citing growing demand for its medicines. Lilly has been banking on drugs such as Trulicity and Taltz as it faces competition from cheap generic versions of its older medicines.
Categories: Business News

Eli Lilly sees higher-than-expected 2020, citing growing demand for its medicines

CNBC Business News - Tue, 12/17/2019 - 08:56
Eli Lilly on Tuesday forecast a higher-than-expected profit for 2020, citing growing demand for its medicines. Lilly has been banking on drugs such as Trulicity and Taltz as it faces competition from cheap generic versions of its older medicines.
Categories: Business News

Exclusive: U.S. finalizing rules to limit sensitive tech exports to China, others

Reuters Biz News - Tue, 12/17/2019 - 08:47
The Trump administration is finalizing a set of narrow rules to limit exports of sophisticated technology to adversaries like China, a document seen by Reuters shows, in a boon to U.S. industry that feared a much tougher crackdown on sales abroad.
Categories: Business News

Boeing, suppliers slip as planemaker's crisis deepens

Reuters Biz News - Tue, 12/17/2019 - 08:39
Shares of Boeing Co and its main global suppliers fell on Tuesday after the U.S. planemaker said it would suspend production of its best-selling 737 MAX jet in January, its biggest assembly-line halt in more than two decades.
Categories: Business News

U.S. agency upgrades probe into 1.7 million GM vehicles

Reuters Biz News - Tue, 12/17/2019 - 08:28
The U.S. National Highway Traffic Safety Administration (NHTSA) said Tuesday it is upgrading an investigation into 1.7 million General Motors Co vehicles for windshield wiper failures.
Categories: Business News

Marvel Conquered Movies. Can It Do the Same With Audiobooks?

Wired RSS Feed - Tue, 12/17/2019 - 08:00
The company is partnering with Serial Box on new stories for the platform.
Categories: Business News

AeroPress Go Review: Our New Favorite Travel Coffee Maker

Wired RSS Feed - Tue, 12/17/2019 - 08:00
If you're serious about brewing your own coffee in campgrounds, in hotel rooms, or really anywhere, this is the kit for you.
Categories: Business News

Aramco shares dip slightly ahead of MSCI inclusion

Reuters Biz News - Tue, 12/17/2019 - 07:52
Saudi Aramco shares closed down 0.66% at 37.75 riyals ($10.07) on Tuesday, Refinitiv data showed, ahead of their inclusion into the MSCI emerging markets index, which will be effective on Wednesday.
Categories: Business News

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