Boeing 737 Max 7 narrowbody jetliner begins maiden flight
(Reuters) – The smallest member of Boeing Co’s upgraded narrowbody jetliner range, the 138-seat 737 MAX 7, began its maiden flight on Friday, heralding months of trials before it enters service next year, the company said.
Exclusive: Russia considers extra $17 billion bailout for two rescued banks – sources
MOSCOW (Reuters) – Russia’s central bank is considering pumping more than 1 trillion rubles ($17 billion) into two banks it first bailed out last year to shore up their balance sheets, three sources familiar with the discussion told Reuters.
Wall Street advances as financial, energy stocks gain
(Reuters) – Wall Street’s main indexes rose on Friday after strong economic data boosted financial stocks and a jump in oil prices lifted shares of energy companies.
Over 100 countries agree to seek digital tax consensus by 2020: OECD
PARIS (Reuters) – Some 110 countries have agreed to work towards forming an international consensus by 2020 on how to tax digital businesses across borders, the Organisation for Economic Cooperation and Development said on Friday.
Under scrutiny, New York Fed sets short list for Dudley successor
NEW YORK (Reuters) – The Federal Reserve Bank of New York is considering a “handful” of candidates for what is seen as the second most influential job at the U.S. central bank, its directors said on Friday, as political pressure mounts to choose someon…
Caterpillar to close facilities, could cut 880 jobs
CHICAGO (Reuters) – Caterpillar Inc will close two facilities and is contemplating the closure of its engine manufacturing plant in Illinois, which together could potentially result in about 880 job losses, a company spokeswoman told Reuters on Friday…
Wall St higher as financial stocks gain on strong data
(Reuters) – Wall Street ticked higher on Friday as financial stocks tracked gains in yields following data that showed strong U.S. factory output and improving consumer sentiment.
Qualcomm discussing Jacobs leaving board of directors: sources
(Reuters) – Qualcomm Inc’s board of directors was meeting on Friday to discuss former executive chairman Paul Jacobs stepping down after he told the U.S. semiconductor company he was exploring acquiring it, people familiar with the matter said on Frid…
Caterpillar says to close facilities, could affect 880 positions
(Reuters) – Caterpillar Inc said on Friday it will close two facilities and is contemplating the closure of its engine manufacturing plant in Illinois, which could potentially result in about 880 job losses.
After pay vote, Disney investors question Iger’s rich deal
BOSTON (Reuters) – Walt Disney Co Chairman and Chief Executive Robert Iger stands to earn up to $423 million over four years, according to a new analysis of a compensation package rejected by shareholders, and some investors want to raise the bar on h…
