An aerial photo shows Boeing 737 MAX aircraft at Boeing facilities at the Grant County International Airport in Moses Lake, Washington, September 16, 2019. Lindsey Wasson | Reuters As Boeing moves closer to applying for recertification of the 737 Max, it’s becoming clear the company has to prove that its […]
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Marvel’s Kevin Feige teases more Sony crossovers as studios mend Spider-Man deal
Scene from ‘Spider-Man Homecoming’ Source: Sony Pictures Welcome back to the Marvel Cinematic Universe, Spider-Man. Sony and Walt Disney on Friday announced Marvel Studios will produce a third standalone Spider-Man film starring Peter Parker himself, Tom Holland. As part of the arrangement, Spider-Man will also appear in future Marvel Studios […]
FBI releases file on President Trump’s late lawyer Roy Cohn
Roy Cohn (L) and Donald Trump attend the Trump Tower opening in October 1983 at The Trump Tower in New York City. Sonia Moskowitz | Getty Images Entertainment | Getty Images The FBI on Friday released nearly 750 pages of documents from the bureau’s file on the late controversial, hyper-aggressive […]
Fiat Chrysler to pay $40 million over claims it misled investors
A row of Fiat Chrysler Automobiles (FCA) 2017 Chrysler Pacifica minivan vehicles are displayed for sale at a car dealership in Moline, Illinois, on July 1, 2017. Daniel Acker | Bloomberg | Getty Images DETROIT — Fiat Chrysler has agreed to pay $40 million over claims it misled investors about its […]
Facebook says employee death was suicide
The Facebook logo is displayed during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Facebook on Friday confirmed that the death of an employee on Sept. 19 was a suicide. “We are saddened by the tragic news that we lost […]
Alphabet’s Waymo valuation cut 40% by Morgan Stanley amid self-driving car issues
Waymo, Alphabet’s self-driving car division, is taking longer than expected to develop a commercialized product, leading analysts at Morgan Stanley to lower their valuation of the company by 40%. In a report on Thursday, Morgan Stanley cut its valuation on Waymo to $105 billion from $175 billion, based a discounted […]
Bitcoin nosedives 22% this week to its lowest level since June
People walk past a board with the logo of Bitcoin in a street in Yerevan, Armenia September 9, 2019. Anton Vaganov | Reuters This has been a tough week for bitcoin. The world’s first and largest cryptocurrency plunged more than 20% over seven days, hitting a low of $7,757 Friday […]
Wall Street remains patient as UAW strike against GM drags on, talks progress
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 with Vermont Sen. Bernie Sanders (far left) in Detroit. Michael Wayland / CNBC DETROIT – The United Auto Workers’ strike against General Motors will enter its third week barring any breakthroughs over the […]
Cramer: Trump ‘would be doing our investors a favor’ if he cut off US investments in China
President Donald Trump speaks to reporters after arriving aboard Air Force One at Joint Base Andrews, Maryland, September 26, 2019. Jonathan Ernst | Reuters CNBC’s Jim Cramer said on Friday he would support President Donald Trump blocking U.S. investments in China. The idea reportedly under consideration at the White House […]
Activists sue North Carolina in bid to redraw congressional map ahead of 2020 election
A voter arrives to vote in a special election for North Carolina’s 9th Congressional District at a polling station in Charlotte, North Carolina, September 10, 2019. Jonathan Drake | Reuters North Carolina’s congressional maps will face another legal battle after Democratic-backed voting rights advocates sued the state, alleging its district […]