The U.S. FAA has ordered all aircraft operators globally using Boeing planes to inspect for structural cracks. On Friday, in a statement South Korea’s transport ministry stated, it has grounded nine Boeing Co 737 NG planes after checks found structural… Read More ›
Regulations & Legal
Three major U.S. retailers pull J&J’s baby talc powder from shelves
If the development has cascading effect and more retailers pull J&J’s baby talc powder from shelves, it could significantly impact its earnings. Already J&J is facing lawsuits over allegations of asbestos in its talc. Following U.S. healthcare conglomerate Johnson &… Read More ›
Nokia Facing Troubles To Keep Pace With Pace Rival 5G Companies, Shares Drop 20%
It is becoming increasingly increasing difficult for the Finnish telecom company Nokia to keep pace with its rivals in the 5G mobile connectivity industry. That was probably reflected when the profit outlook for the current year as well as for… Read More ›
US Lawmakers Grill Facebook’s Zuckerberg Over A Host Of Issues
The policy of the social media company Facebook of not fact checking political ads was severely criticized by lawmakers in the United States while interviewing Facebook CEO Mark Zuckerberg in a Congress hearing. Zuckerberg was also accused by the lawmakers… Read More ›
The UK will leave the EU with Johnson’s deal: Downing Street source
The assertion from Downing Street comes at a time when there is increasing speculation of an election before Christmas. As per a senior source from Downing Street, the UK will ultimately leave the European Union on terms set out by… Read More ›
Study Finds Athletic Performance Boosted As Effectively By Potato As Carbohydrate Gels
According to a study posted on the website of the University of Illinois, when people undergo prolonged exercise, consuming of potato puree has the same impact or effect on sustaining blood glucose levels and boosting performance in trained athletes as… Read More ›
U.S.-EU trade negotiations on the horizon
In an interview to the Financial Times, U.S. Commerce Secretary Wilbur Ross hinted at the possibility of negotiations with the European Union as an alternative approach to imposing tariffs on automotive and automotive parts. On Wednesday, in an interview to… Read More ›
New York Federal Reserve accepts $35 billion out of $58.15 billion in overnight repo bids
The development led to a slight increase in repo rates. In a move intended to help maintain federal funds within their target range, the New York Federal Reserve has accepted $35 billion of the $52.2 billion in bids from primary… Read More ›
Attorneys general to meet up in Colorado next month for antitrust probe against Google Inc
The investigation into Google Inc’s online advertising business involves all U.S. state attorneys general except California and Alabama. According to three sources with knowledge of the matter at hand, U.S. state attorneys general probing Alphabet’s Google Inc plan on meeting… Read More ›
The United Kingdom’s economic fate hangs in the balance as British parliament faces 2 crucial votes
Boris Johnson, who has been the face of the 2016 referendum campaign, now faces an unenviable position of keeping his “do of die” pledge and ensuring Brexit in just 9 days. Defeat in either of the two votes places him… Read More ›