U.S., European regulators to meet with Boeing this week on 737 MAX software audit
U.S. and European aviation safety regulators will meet with Boeing this week in an effort to complete a 737 MAX software documentation audit – a key step toward the grounded plane’s eventual return to service.
In U-turn, Boeing recommends 737 MAX simulator training for pilots
Boeing Co said on Tuesday it was recommending that airline pilots undergo simulator training before they resume flying the 737 MAX, a shift from its previous position that pilots only needed computer-based training on new software following two fatal …
S&P 500, Dow dip as Middle East concerns persist; chips rally
Oil stocks shed the most on the S&P 500 on Tuesday, taking the benchmark index further away from record highs, as investors nervously awaited the latest in the U.S.-Iran standoff.
U.S. trade deficit at three-year low as imports tumble
The U.S. trade deficit fell to a more than three-year low in November as imports declined further, weighed down by the Trump administration’s trade war with China, and exports rebounded, suggesting solid economic growth in the fourth quarter.
Dad dancing Musk launches Tesla SUV program in China
Elon Musk raised an online storm by dancing on stage at the launch of Tesla’s Model Y electric sports utility vehicle program on Tuesday in its new Shanghai factory, where the company delivered its first cars built outside the United States to the pub…
VW’s Seat brand chief steps down as Renault continues CEO hunt
Volkswagen on Tuesday said that Luca de Meo has stepped down from his current role as head of its Spanish Seat brand just as rival Renault intensifies efforts to find a new chief executive.
Dollar gains, oil slips as markets focus on Mideast
The dollar gained, helped by better-than-expected data in the U.S. non-manufacturing sector, and oil prices retreated on Tuesday as caution kept investors alert for developments in the U.S.-Iranian stand-off in the Middle East.
Energy, healthcare shares keep a lid on Wall Street, Iran concerns linger
The S&P 500 and the Dow Jones Industrial Average slipped on Tuesday, led by losses in oil and healthcare stocks, with investors nervously awaiting the latest in the U.S.-Iran standoff.
Team activated to support global airline safety as Middle East tensions rise
An international aviation team has been activated to support “effective coordination and communication” between airlines and countries as tensions mount in the Middle East after a U.S. drone strike killed an Iranian military commander, global airlines …
U.S. Senate Finance panel advances new North American trade deal
The U.S. Senate Finance Committee voted on Tuesday to approve the U.S.-Mexico-Canada Agreement, moving the revamped North American trade deal a step closer to a final Senate vote in the coming days or weeks.
