U.S. officials started investigating the Federal Aviation Administration’s (FAA) approval of the Boeing 737 Max software linked to the Lion Air plane crash last year weeks after the accident, Bloomberg reported on Wednesday, citing people familiar with the matter.
Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over U.S.-China trade talks and slowing global growth capped broad gains and pulled some markets lower.
Southwest Airlines Co’s pilot union said on Wednesday that extra computer-based training would be required as a result of a planned update to the software on the Boeing Co 737 MAX, and it was seeking additional information for pilots.
A Google executive offered new details on Wednesday about the company’s upcoming video game streaming service, telling Reuters that game makers may use competing cloud providers and must avoid some inappropriate content.
South Korea’s antitrust regulator has lowered a decade-old penalty imposed on U.S. chipmaker Qualcomm Inc by 18 percent to $200 million, the Korea Fair Trade Commission (KFTC) said on Thursday.
Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over slowing global growth and U.S.-China trade talks are expected to limit gains.
The Federal Reserve will remain the top holder of U.S. Treasuries for the foreseeable future after the central bank said it would stop shrinking its $4 trillion balance sheet by the end of September.
The showdown between U.S. activist hedge fund Elliott Management and Hyundai Motor Group is set to come to a head on Friday when shareholders gather to vote on the fund’s demands for a hefty special dividend and a board shake-up.
U.S. President Donald Trump warned on Wednesday that the United States may leave tariffs on Chinese goods for a “substantial period” to ensure that Beijing complies with any trade agreement.
Levi Strauss & Co said it sold $623.3 million in shares in its initial public offering (IPO) on Wednesday, as the U.S. jeans maker looks to return to the stock market after 34 years as a family-owned company.
A U.S. Senate panel plans a hearing on March 27 on aviation safety after two fatal Boeing 737 MAX 8 aircraft crashes since October, and said it will also schedule a future hearing with Boeing and other manufacturers, officials said on Wednesday.
Boeing Co faced growing pressure in Washington on Wednesday with U.S. lawmakers calling for executives to testify about two crashed 737 MAX jets even as the world’s biggest planemaker works to overcome obstacles to returning the grounded fleet to the skies.
A U.S. Senate panel plans a hearing on March 27 on aviation safety after two fatal Boeing 737 MAX 8 aircraft crashes since October, and said it will also schedule a future hearing with Boeing and other manufacturers, officials said on Wednesday.
Bayer AG had hoped a new trial strategy focusing jurors on scientific evidence could stem a burgeoning tide of U.S. lawsuits over its glyphosate-based weed killer Roundup, but a second jury finding on Tuesday that the product caused cancer has narrowed the company’s options, some legal experts said.
Ford Motor Co said on Wednesday it is adding production of a fully electric vehicle at a second North American plant as part of its $11 billion investment plan set last year.
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