Tech boosts Wall Street; Boeing keeps Dow in check
The S&P 500 and Nasdaq on Monday extended last week’s gains, lifted by technology and financial stocks, as investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes.
Commerzbank working with Goldman, Rothschild on possible Deutsche deal: sources
Commerzbank is working with investment banks Goldman Sachs and Rothschild, as well as with law firm Hengeler Mueller, on a potential deal with Deutsche Bank, people close to the matter said on Monday.
U.S. firm FIS buys Worldpay for $35 billion in payments deal bonanza
By Justin George Varghese, Rachel Armstrong and Pamela Barbaglia
U.S. prosecutors charge former UAW vice president in corruption probe
Federal prosecutors in Detroit on Monday charged a former United Auto Workers vice president with conspiracy to violate labor laws.
Data shows angle of attack similar in Boeing 737 crashes: source
Investigators probing the crash of an Ethiopian Airlines Boeing 737 MAX jet eight days ago have found strong similarities in the ‘angle of attack’ data recorded by the doomed aircraft’s cockpit recorder and data from a Lion Air jet of the same model th…
Wall Street lifted by tech stocks; Boeing drags on Dow
The S&P 500 and Nasdaq extended last week’s gains on Monday, lifted by technology and financial stocks, as investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes.
Apple unveils new iPad, updates Mini ahead of video streaming launch
Apple Inc, in a surprise move on Monday, launched a new 10.5-inch iPad Air and updated its iPad Mini ahead of a March 25 event where it is expected to launch a television and video service.
Boeing shares fall again after probe report into FAA approval of 737 MAX
Boeing Co shares fell 3 percent on Monday, after a pair of newspaper reports over the weekend raised more questions about the certification process for its 737 MAX jets before two recent deadly crashes.
Volkswagen wants to participate in battery cell subsidies scheme
Volkswagen on Monday said it had expressed its intent to Germany’s Economy Ministry to participate in a state funding scheme aimed at supporting battery cell production for electric vehicles.
Boeing faces growing scrutiny in Ethiopian crash probe
The world’s biggest planemaker faced escalating pressure on Monday after Ethiopia pointed to parallels between its crash and one in Indonesia, sharpening focus on the safety of software installed in Boeing’s 737 MAX planes.
