By David Shepardson WASHINGTON (Reuters) – The head of the U.S. Federal Aviation Administration said Boeing must improve safety culture and address quality issues before the agency will allow th[...]
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March 19, 2024
Drugmaker Endo receives US court approval for bankruptcy restructuring
(Reuters) – Bankrupt drugmaker Endo International said on Tuesday a U.S. Bankruptcy Court has approved its restructuring plan and related opioid settlements to emerge from bankruptcy, which bega[...]
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Wall Street advances with Nvidia and Fed meeting in focus
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s three major indexes closed higher on Tuesday after shares in hotshot chipmaker Nvidia shook off early losses and investors looke[...]
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Factbox-Key takeaways from Nvidia’s annual developer conference
(Reuters) – Nvidia unveiled its next big AI chip along with several partnerships and software tools at its annual developer conference this week, seeking to maintain its lead in the race to powe[...]
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Meta expects first shipments of new Nvidia chips later this year
NEW YORK (Reuters) – Facebook owner Meta Platforms expects to receive initial shipments of Nvidia’s new flagship artificial intelligence chip later this year, a Meta spokesperson told Reut[...]
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Exclusive-Boeing mulls shedding Airbus work in potential Spirit Aero deal
By Mike Stone, David Carnevali and Allison Lampert (Reuters) – Boeing is looking at how Spirit AeroSystems could shed or sharply reduce its ties to Airbus, as the supply-chain giant’s work[...]
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US Senate panel steps up probe into airline fees
By David Shepardson WASHINGTON (Reuters) – A U.S. Senate panel on Tuesday said it was stepping up its investigation into billions of dollars in annual airline fees for baggage, seat selection, t[...]
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Chipotle’s board approves 50-for-1 stock split
(Reuters) – Chipotle Mexican Grill said on Tuesday its board had approved a 50-for-1 split of its common stock, sending the burrito chain’s shares about 7% higher in extended trading. The[...]
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Citigroup has sold most non-US consumer businesses as revamp progresses
(Reuters) – Citigroup has sold its non-U.S. consumer businesses in nine out of 14 regions and “substantially wound down” three more, as the lender undergoes its biggest overhaul in m[...]
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