Head of international 737 MAX review, NTSB chair to testify before Senate
The chair of a panel of international regulators that harshly criticized the Federal Aviation Administration’s certification of the now grounded Boeing 737 MAX will testify Tuesday before a Senate committee.
Explainer: Google hails ‘quantum supremacy’, but don’t chuck out your PC just yet
Researchers at Google say they have achieved ‘quantum supremacy’, in which a computer harnessing the properties of sub-atomic particles did a far better job of solving a problem than the world’s most powerful supercomputer.
Zuckerberg reassures U.S. Congress on Facebook’s digital currency plans
Facebook Inc CEO Mark Zuckerberg sought to reassure skeptical U.S. lawmakers on Wednesday that the company’s planned digital currency Libra would be a force for good that could reduce costs for electronic payments and help more people participate in th…
Sterling steadies as EU considers Brexit request; stocks inch up
World stock indexes edged up on Wednesday, with the S&P 500 boosted by gains in shares of Apple that offset Texas Instruments’ disappointing forecast, and the British pound steadied as European Union leaders consider London’s request for a Brexit delay.
Spirit Airlines close to agreeing major Airbus order: sources
U.S. budget carrier Spirit Airlines is close to agreeing a provisional deal to order as many as 100 single-aisle aircraft worth up to $12 billion at recent catalogue prices from Airbus , industry sources said.
Wall Street propped up by Apple, Boeing
Wall Street’s main indexes were propped up by a rise in shares of Boeing and Apple, but gains were capped as weak earnings from Caterpillar and Texas instruments raised concerns about the impact of the U.S.-China trade war on global growth.
Kraft Heinz sees potential in baby food, will keep Plasmon
Global packaged food group Kraft Heinz Co will keep baby food line Plasmon and plans to leverage its ‘Made in Italy’ credentials to expand the brand abroad, Kraft Heinz Co’s general manager for Italy said.
General Dynamics profit rises but headwinds for jets in fourth-quarter send shares lower
Gulfstream jet deliveries helped General Dynamics Corp report a 7.3% rise in quarterly profit on Wednesday, but shares fell as much as 4% after company officials said the fourth quarter would see more deliveries of less-profitable refurbished aircraft…
Google claims ‘quantum supremacy’; others say hold on a qubit
Google said on Wednesday it had achieved a breakthrough in computer research, by solving a complex problem in minutes with a so-called quantum computer that would take today’s most powerful supercomputer thousands of years to crack.
Wall Street opens mixed as Boeing offsets weak earnings reports
U.S. stocks opened mixed on Wednesday as Boeing rose after reaffirming the timeline for its grounded 737 MAX’s return to service, countering losses from Caterpillar and Texas Instruments, which fell on weak forecasts.
