Page 261 - Bloomberg

Delta CEO expects Boeing 737 Max 10 deliveries to be delayed until 2027

Delta has orders for 100 Max 10 planes and options to purchase 30 more, and had expected to begin receiving the planes next year

US opens criminal investigation into Boeing 737 Max midair blowout in Jan

"In an event like this, it's normal for the DOJ to be conducting an investigation," Alaska Airlines said Saturday in a statement. "We are fully cooperating and do not believe we are a target"

Dubai's traditional gold shops take a hit as record prices deter buyers

The most affected were the gold brick shops, with workers at three locations saying sales are down by half

US polls 2024: Biden, Trump clash in dueling visits to swing-state Georgia

While Trump has targeted those border issues and economic malaise on the campaign trail, Biden has sought to reassure voters that his policies have revived the post-pandemic economy

Slow US inflation retreat to bolster Fed Reserve's patience over rate cuts

Away from inflation, there are scant signs of stress in the economy. The latest jobs report pointed to moderating yet healthy employment growth that will keep consumer spending afloat.

Bitcoin miners are devouring electricity at record pace during crypto rally

Since February 2023, 13 of the top mining companies have placed orders for over $1 billion worth of specialized computers, according to data compiled by TheMinerMag based on public filings

United Airlines' plane veers off runway in third Boeing mishap of the week

The 21-year-old aircraft was also a 737 - but an earlier version than the Max, according to FlightRadar24

Boeing's largest union demands 40% salary hike over 3 yrs, as talks begin

The company's stock extended declines after the union announced its demands, falling as much as 2.2%

US Senate approves $460 billion funding package, avoiding shutdown

The Senate voted 75 to 22 on Friday evening to approve the package, negotiated by congressional leaders from both parties. The House overwhelmingly passed it earlier this week

OpenAI's Sam Altman returns to company's board after probe clears him

Altman is rejoining the company's board following the findings

OECD warns about debt market danger as maturity wall looms: Report

In a report published Thursday, the Paris-based organization estimated that total government debt issued by its 38 member countries will rise by $2 trillion to a record of $56 trillion this year

Fed is 'not far' from confidence needed to cut rates, says Jerome Powell

Powell's remarks add some additional color about officials' thinking around the timing of the first rate cut, bolstering the idea that such a move could come in the next few months

Hong Kong to name ex-KPMG China head Carlson Tong to chair stock exchange

Tong is expected to take over as the next chairman of the Hong Kong Exchanges & Clearing Ltd. after April 24, according to people familiar with the matter

Huawei chip breakthrough used technology from two US gear suppliers

Lauded in China as a major leap in indigenous semiconductor fabrication, last year's SMIC-made processor powered Huawei's Mate 60 Pro and a wave of patriotic smartphone-buying in the Asian country

India's aviation industry should embrace new safety rules quickly

Maximum flight times have been cut and the definition of night duty - when reduced work times are enforced - will be broadened under new rules

US preparing UNSC resolution to warn against nuclear weapons in space

The Security Council is already set to discuss nuclear disarmament and nonproliferation in a meeting on March 18

Paramount in talks to sell India TV joint venture stake to Reliance

New York-based media company has been in advanced talks to sell its minority stake in Viacom18 Media Pvt. to Reliance, said the people, who asked to not to be identified as the information is private

ECB keeps rate unchanged at 4%, may cut in June with 2% inflation in sight

The ECB's latest quarterly outlook offered strong encouragement, putting inflation at 2.3% this year and revising the 2025 forecast down to 2%. For 2026, it's still seen at 1.9%

India roils market with new crackdowns on booming IPO financing, gold

Paytm is still down more than 40% since its banking affiliate was barred from adding deposits after people familiar with the matter said it failed to properly vet hundreds of thousands of clients

India's surprise GDP driven by more than just one-off factors, says CEA

The surprise 8.4% surge in gross domestic product was largely due to base effects related to subsidies, which boosted the net indirect tax category, CEA V Anantha Nageswaran said