JPMorgan’s Chase to open up to 90 branches in new U.S. markets
JPMorgan Chase & Co’s consumer banking unit said on Wednesday it will open up to 90 branches in new U.S. markets, in the face of intensifying competition for loans and deposits among the country’s three biggest banks.
Ford says cutting U.S. salaried jobs, doesn’t say how many
Ford Motor Co confirmed on Wednesday it is cutting an unspecified number of U.S. salaried jobs as part of a global reorganization announced last year.
Kayak soothes nervous Boeing flyers with airplane search filter
Travel website Kayak is making changes to let customers exclude specific aircraft types from searches, and booking sites are looking to reroute passengers, after an unexplained Boeing jet crash that killed 157 people in Ethiopia.
Saudi Arabia has no Boeing 737 MAX in its aircraft registry: civil aviation
Saudi Arabia does not have Boeing 737 MAX planes in its own aircraft registry, an official with the civil aviation authority said on Wednesday.
Georgia bars flights of Boeing 737 Max after crash in Ethiopia
Georgia’s civil aviation agency on Wednesday temporarily barred Boeing 737 Max jets from taking off or landing at local airports, following the fatal crash involving the aircraft in Ethiopia.
Iran’s oil tanker fleet being squeezed as sanctions bite
Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.
Wall Street lifted by benign economic data, gains in Boeing
U.S. stocks rose broadly on Wednesday after fresh economic data strengthened the Federal Reserve’s patient stance on future rate hikes and as Boeing rose for the first time since Sunday’s deadly crash of a 737 MAX 8 jet in Ethiopia.
Ethiopia black boxes bound for Europe, crash pilot had in-plane issues
The Ethiopian Airlines pilot whose jet crashed killing 157 people had reported flight-control problems, the company said on Wednesday, as it prepared to send the black boxes to Europe from a disaster that has rocked the global aviation industry.
Iraq bans Boeing 737 MAX aircraft from its airspace
Iraq on Wednesday banned U.S. planemaker Boeing Co’s 737 MAX aircraft from entering or transiting its airspace, a statement from the civil aviation authority said.
U.S. says global oil surplus aiding its plan to cut Iranian exports
A global oil surplus is allowing the United States to accelerate its plan of bringing Iranian crude exports to zero, a U.S. State Department official said on Wednesday.
