Category: Finance

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FAA disorders ’emergency’ repeat for airways to stare fan blades on engine kind that exploded on Southwest flight

Under the FAA’s order some engines will have to be inspected within 20 days. The engine type is one of the most commonly used around the world. Friday’s order will affect some 352 engines in the U.S. and 681 worldwide, said the FAA, citing the manufacturer’s estimate. “We are issuing this [airworthiness directive] because we…

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North Korea broadcasts understanding to ‘stop nuclear checks and launches of intercontinental ballistic missiles’

North Korean leader Kim Jong Un meets members of the high-level delegation of the Democratic People’s Republic of Korea, February 13, 2018. Reuters North Korea has announced that it plans to stop conducting nuclear and missile tests, according to the country’s state-run news media. The suspension is expected to begin on April 21. North and…

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Justice Department requires files from all four most fundamental US wi-fi carriers in probe of alleged collusion

The Justice Department has reached out to all four major U.S. wireless carriers as part of an antitrust investigation, a person close to the situation told CNBC. The source said that the department sent letters to AT&T, Verizon, T-Mobile and Sprint in February requesting information. The person also said the Justice Department previously examined this…

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This Isn’t the Earnings Season Stock Bulls Wanted

An April that many investors hoped would end two months of indecision in the stock market is not quite living up to billing. While benchmark indexes eked out another week of gains, below the surface, frustration was the rule. Reactions to earnings results are muted — the average stock is flat the day after reporting.…

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Oil falls after Trump goes after OPEC in a tweet

Crude futures turned lower Friday after President Donald Trump suggested in a tweet that OPEC is keeping oil prices artificially high and said he would not accept that. @RealDonald Trump: Looks like OPEC is at it again. With record amounts of Oil all over the place, including the fully loaded ships at sea, Oil prices…

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John Kasich’s political allies are reaching out to GOP mega donors, seeing in the occasion that they’d lend a hand him in a drag towards Trump in 2020

A political spokesman for Kasich declined to comment. According to the sources, the same Kasich allies who have met with some of the most influential donors in the country have suggested to the governor that there are two scenarios in which he should challenge Trump in a primary. First, would come after a potential 2018…