U.S. plane manufacturer Boeing has been mired in controversy since its 737 Max 8 operated by Ethiopian Airlines crashed minutes after takeoff on Sunday, killing all 157 people on board. Despite recent safety concerns surrounding the 737 Max 8, Cathay Pacific’s CEO said Thursday he was “very happy” with the […]
CNBC News
Trump says he is in ‘no rush’ to complete US-China trade deal
U.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property, a major sticking point between the two sides during months of negotiations. Trump and Chinese President Xi Jinping had been expected […]
Gary Cohn lashes out at former White House colleagues: ‘Living in chaos’
Former White House chief economic advisor Gary Cohn lashed out at some of his former colleagues, charging in an interview that the U.S. is losing the trade war as administration officials pursue a strategy that hasn’t worked. Cohn, the first director of the National Economic Council under President Donald Trump, […]
7 in 10 Americans are avoiding difficult conversations at work — here’s how to tackle them
Have you ever found yourself avoiding a difficult conversation at work? If so, you’re not alone. As many as seven in 10 U.S. employees would rather keep quiet on an important work issue than tackle it head on, according to a new study from professional coaching platform Bravely. Fears about […]
US airlines cancel flights and waive fees after the FAA grounds Boeing 737 Max planes
The U.S. Federal Aviation Administration on Wednesday joined dozens of other countries’ regulators in ordering airlines to ground new Boeing 737 Max planes, citing evidence linking a deadly crash of one of them in Ethiopia over the weekend to a similar fatal flight in Indonesia in October. (You can find […]
California jury orders Johnson & Johnson to pay $29 million in latest talcum cancer trial
A California jury on Wednesday ordered Johnson & Johnson to pay $29 million to a woman who alleged that asbestos in the company’s talcum-powder-based products, including Johnson’s Baby Powder, caused her mesothelioma, the latest defeat for the healthcare conglomerate which is facing thousands of similar lawsuits. J&J denies allegations that […]
Facebook faces criminal probe into data deals: NYT
Facebook is facing a criminal probe into data-sharing deals it arranged with at least two other technology companies, the New York Times reported on Wednesday. At least two companies that make smartphones and other devices have received subpoenas from a New York grand jury related to how they used Facebook […]
Cramer Remix: Why I still have faith in Boeing
Financial news have been “correctly” dominated by the Federal Aviation Administration‘s order that Boeing 737 Max jets be grounded in the United States after two of the planes were involved in fatal crashes in less than five months, CNBC’s Jim Cramer said Wednesday. The “Mad Money” host addressed questions he […]
California housing seen cooling further going into 2020: UCLA forecast
LOS ANGELES — While job growth and the California economy remain strong, weakness is apparent in the state’s housing market and it is likely to cool further going into 2020, according to the latest UCLA Anderson Forecast, released Wednesday. “The housing markets are softening in California, and it’s not just […]
Dell CEO: We’re positioned to ‘help our customers with the digital transformation’
Dell Technologies is no longer just a PC company now that it is equipped to help companies adapt to the future of technology and focused on being inclusive of people that have been left out, CEO Michael Dell told CNBC Wednesday. The information technology corporation, which began trading publicly again […]