U.S. Federal Aviation Administration (FAA) chief Steve Dickson confirmed on Wednesday the agency will not allow Boeing Co's grounded 737 MAX, involved in two fatal crashes in five months, to resume flying before the end of 2019.
Airlines face significant problems if the return to service of the Boeing 737 MAX drags on for months longer, the head of the International Air Transport Association said on Wednesday.
The Federal Aviation Administration (FAA) said Wednesday it has an ongoing investigation into reported production problems involving the Boeing 737 after a former employee reported extensive issues.
Global equity markets rose on Wednesday as investors expected U.S. President Donald Trump would delay his promised new tariffs on Chinese goods, while oil prices fell after data showed an unexpected rise in U.S. crude inventories.
The new UBS price target for GE represents an expectation for the stock to climb 26% from current levels.
The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year's presidential election.
Wall Street's main stock indexes ended modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely to remain unchanged indefinitely.
Global equity markets rose on Wednesday after the Federal Reserve indicated interest rates would remain on hold for some time - a positive for risk assets - while oil prices fell after data showed an unexpected increase in U.S. crude inventories.
Intel Corp has hired Gary Patton, who was chief technology officer at semiconductor maker GlobalFoundries, according to an internal Intel memo seen by Reuters on Wednesday.
The New York Stock Exchange on Wednesday filed an amended proposal for a rule change that would allow U.S direct listings to raise new capital like in an initial public offering (IPO).
JPMorgan Chase & Co is combining its U.S. wealth-management operations for affluent clients and the Chase branch network's financial-advisory business into a new unit, The Wall Street Journal reported on Wednesday, citing a memo.
The chief executive of autonomous vehicle company Cruise signaled on Wednesday the General Motors Co subsidiary intends to offer shared rides "at a radically lower cost" as part of a bid to move eventually "beyond the car."
December is always a month of suspense on Wall Street, as dealmakers, traders and money managers at big U.S. banks wait to find out how much they will receive in bonuses.
Asian equity markets eased slightly on Tuesday, tracking Wall Street declines as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect.
Saudi Aramco will exercise its 15% greenshoe option in whole or part during the first 30 days of its trading period, its lead managers said.