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Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
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Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
The airline has been in the crosshairs in a trade conflict in which U.S. aerospace giant Boeing accused Canadian rival Bombardier of selling its new C Series planes to Delta below the cost of production.
The U.S. Commerce Department sided with Boeing and recommended a duty of 300 percent on the some 100-seat C Series planes.
Airbus late Monday announced it agreed to take a majority stake in the imperiled Bombardier jet program.
Delta told investors on an earnings call last week that it "would not pay those tariffs " and after the Airbus deal said it still "looked forward" to taking delivery of the C Series jets. It declined to comment further on the deal Tuesday.
Delta, which has also been an important Boeing customer over the years, argued that Boeing no longer produces a similar product to the Bombardier jets.
The backing by Airbus, which produces the world's biggest passenger jet, the Airbus A380, even more closely pits the European plane-maker against Boeing.
Delta is unveiling its new Airbus A350, a widebody plane it intends to fly from the U.S. to Asia, on Tuesday. The twin-aisle plane is coming into service as Delta phases out its last Boeing 747s, the four-engine plane that some airlines have ditched in favor of more fuel-efficient twin-engine planes.