An attendee walks past Boeing branding at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024. Toby Melville | ReutersThe U.S. National Transportation Safety Board on Monday said more than 40 foreign operators of Boeing 737 airplanes may be using planes with rudder components that may pose safety risks.The NTSB last week issued urgent safety recommendations about the potential for a jammed rudder control system on some Boeing airplanes after a February incident involving a United Airlines flight.The NTSB also disclosed Monday that it has learned two foreign operators suffered similar incidents in 2019 involving rollout guidance actuators. “We are…
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South Korea’s export growth slowed in September, with shipments to the United States barely increasing, in an outcome that may support market expectations for an easing of monetary policy as early as next week.Mongkol Chuewong | Moment | Getty ImagesSouth Korea’s export growth slowed in September, with shipments to the United States barely increasing, in an outcome that may support market expectations for an easing of monetary policy as early as next week.Exports increased 7.5% in September from a year ago, decelerating from an 11.2% rise in the previous month, the customs service agency reported on Tuesday.The result, which beat the 6.5% consensus estimate…
A sign is posted on the exterior of a Verizon store on September 30, 2024 in Daly City, California. A widespread Verizon outage is affecting tens of thousands of Verizon customers across the country and is disrupting their ability to make calls, texts and access the internet. Verizon is working to solve the issue and restore service to customers. Justin Sullivan | Getty Images News | Getty ImagesThe Federal Communications Commission said on Monday that it was investigating a Verizon network outage across the United States after thousands of users reported outages.Chicago and Indianapolis were among the hardest-hit cities and some…
Two weeks ago, the Baltimore Ravens walked off their home field 0-2 while boos rained down.Super Bowl contenders? They’d just squandered a 10-point fourth-quarter lead to the Las Vegas Raiders. Penalties were killing them. The defense wasn’t right. Even Justin Tucker was missing kicks.One of the league’s most consistent winners had suddenly dropped three in a row dating to last year’s AFC Championship Game. What was wrong? And how long was it going to take to fix it?“There’s no way we should be 0-2, but it is what it is,” Ravens middle linebacker Roquan Smith said then.Late Sunday night, the…
A bell during the listing ceremony of Ola Electric Mobility at the National Stock Exchange in Mumbai, India, on Friday, Aug. 9, 2024. Bloomberg | Bloomberg | Getty ImagesFood delivery platforms, jewelry companies — and even a electric scooter manufacturer.More consumer-centric companies are looking to capitalize on India’s booming stock market and strong economic growth, by going public.India’s benchmark indexes broke record highs throughout the year, with the Nifty 50 and BSE Sensex climbing 19% and 17%, respectively, according to LSEG data.The South Asian country is now set to emerge as the world’s third-largest consumer market by 2027, according to a…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyDana Telsey, Telsey Advisory Group, joins ‘Fast Money’ to talk the impact of a looming port strike of retailers and consumers.05:122 minutes ago Source link
CVS Pharmacy logo is seen in Washington DC, United States on July 9, 2024. Jakub Porzycki | Nurphoto | Getty ImagesCVS Health’s board has engaged advisors to conduct a strategic review of its business, according to people familiar with the matter, as the company contends with potential activist pressure and a severely depressed stock price. The review has been ongoing for some time, said the people, but there is no certainty on what actions, if any, the company will take.CVS management, including CEO Karen Lynch, met with major shareholder Glenview Capital Monday to discuss the company’s lagging prospects and Glenview’s plans…
SAN DIEGO — When Luis Arraez leads off for the San Diego Padres in Tuesday’s postseason opener at Petco Park, he will do so as a three-time batting champion. He will also enter the left-handed batter’s box as a walking contradiction.He has been traded twice in two years. He has lost a salary arbitration hearing. He has seen his impact downplayed by front offices and scores of baseball watchers who increasingly view the game through the lens of analytics.And yet, in a lineup that features Manny Machado, Fernando Tatis Jr. and potential National League rookie of the year Jackson Merrill,…
Morgan Stanley says that Chinese stocks could enjoy a more “sustained rally” in the next phase — beyond a near-term jump — as they ride on the wave of stimulus measures and signals announced last week. “The policy pivot last week … exceeded our expectations, with forceful monetary easing and unprecedented measures aimed at stabilizing and supporting the stock market and halting the property market’s decline,” Morgan Stanley analysts wrote in a Sept. 29 report. They predict at least a 10% rally in the near term , and even more ahead. “In the next phase [we] see potential for a…
The S&P 500 ended September with a record close, posting a winning month and quarter. Here’s what CNBC is watching going into Tuesday. Source link
