EVERETT, Wash., Aug 30- Boeing Co needs to reorganize its engineering reporting lines company-wide and ensure higher ranking officials, including its CEO, get faster feedback about potential safety concerns from lower levels of the company, according to an internal review at the U.S. planemaker following two recent fatal crashes. Speaking to Reuters at an...
MIAMI, Aug 29- President Donald Trump canceled a visit to Poland on Thursday and Florida's governor expanded a state of emergency to prepare for Hurricane Dorian, which is forecast to make landfall on the Atlantic coast Monday as a dangerous Category 4 storm. Trump said Vice President Mike Pence would make the trip to Poland in his place so that he could remain in...
MIAMI, Aug 29- President Donald Trump on Thursday canceled a trip to Poland and Florida's governor expanded a state of emergency due to Hurricane Dorian, which is forecast to strengthen into a highly dangerous Category 4 storm during the weekend before hitting the state's Atlantic coast with heavy rains and strong winds. Florida Governor Ron DeSantis had...
WASHINGTON, Aug 29- The Federal Trade Commission is investigating the marketing practices of e-cigarette maker Juul Labs Inc sending shares of tobacco stocks down, a person briefed on the matter said Thursday. Shares of Altria Group Inc, which has a 35% stake in Juul, fell 4.1% to $43.96 in afternoon trading after the Wall Street Journal earlier reported the...
MIAMI, Aug 29- Hurricane Dorian is forecast to strengthen and become a highly dangerous Category 4 hurricane on Sunday, threatening the Atlantic coast of central and south Florida where authorities canceled some commercial flights on Thursday and planned precautions at rocket launch sites along the Space Coast. Dorian is likely to make landfall on...
MIAMI, Aug 29- Hurricane Dorian is forecast to strengthen and become a highly dangerous Category 4 hurricane on Sunday, threatening the Atlantic coast of central and south Florida where authorities canceled some commercial flights on Thursday and planned precautions at rocket launch sites along the famed Space Coast. Dorian is likely to make landfall on...
Aug 29- The Federal Trade Commission is investigating the marketing practices of e-cigarette maker Juul Labs Inc, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Last year, the Food and Drug Administration conducted a surprise inspection at Juul's San Francisco headquarter and seized certain documents.
Aug 29- A federal grand jury has indicted the suspected hacker who obtained personal information of over 100 million people in the Capital One Financial Corp data breach on charges of wire fraud and computer data theft, the U.S. Department of Justice said on Wednesday. However, it mentioned that some of the victims included a state agency outside the state of...
Electric carmaker Tesla will reportedly increase prices in China this week in anticipation of rising tariffs — but one automobile expert says the higher costs will not likely last.
EVERETT, Wash., Aug 27- Boeing Co's chief executive said on Tuesday that the financial fallout from the grounding of its 737 MAX jetliner would not slow the world's largest planemaker's appetite for deals in the higher-margin aircraft services sector. "Our ability to do those continues to be strong," Boeing CEO Dennis Muilenburg told Reuters at the company's...
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.
CHICAGO, Aug 23- Win Cramer thought his company was out of the firing line in the escalating Sino-U.S. trade war after his "Made-in- China" wireless headphones, speakers and earbuds were taken off Washington's tariff list a year ago. His tariff threats, also aimed at forcing American companies to move operations back home, have complicated planning for those with...
CHICAGO/ WASHINGTON, Aug 22- The U.S. Federal Aviation Administration said on Thursday it would invite Boeing 737 MAX pilots from across the world to participate in simulator tests as part of the process to recertify the aircraft for flight following two fatal crashes. In a statement, the FAA said it had not specified the number of required hours of flight...
*Dollar slips as Jackson Hole meeting gets underway. "Manufacturing has been pretty weak across the globe for a while now and we are starting to see that bleed into the U.S.," said Joe Mallen, chief investment officer at Helios Quantitative Research. Investors' focus, however, remained firmly on Friday's speech by Federal Reserve Chair Jerome Powell at a Jackson Hole,...
NEW YORK, Aug 22- The benchmark S&P 500 struggled for direction on Thursday as strong results from Nordstrom Inc and a fall in U.S. jobless claims offset data showing a contraction in U.S. manufacturing activity. Stocks initially rose at the market open as shares of Nordstrom jumped after the department store's quarterly profit beat estimates, joining Target...
Inslee told MSNBC's "The Rachel Maddow Show" on Wednesday that he is dropping out of the Democratic presidential primary race.
JACKSON HOLE, Wyo., Aug 21- The one thing Federal Reserve officials were in broad agreement about at their last meeting was this: to not tip their hands about what happens next. But the consensus to not reveal their intentions was clear, and may show that the steady browbeating by President Donald Trump has begun to influence how the Fed communicates.
*Next: Powell's Jackson Hole speech on Friday. NEW YORK, Aug 21- A global equities gauge rose on Wednesday for a third day in four as bets on more economic stimulus overcame, for now, worries over the rising prospect of a global recession. Strong earnings in the United States and the report of talks on a megamerger in European autos triggered gains in stocks, and the...
Aug 21- Department store chain Nordstrom Inc reported quarterly sales below analysts' expectations on Wednesday, as the upscale retailer struggled to attract shoppers to both its full-price and off-price stores. The Seattle- based retailer said total revenue fell 5% to $3.87 billion for the second quarter ended Aug. 3, lower than the $3.93 billion expected by...
Aug 21- Department store chain Nordstrom Inc reported quarterly sales below analysts' expectations on Wednesday, as the upscale retailer struggled to attract shoppers to both its full-price and off-price stores. The Seattle- based retailer said net sales fell 5% to $3.78 billion for the second quarter ended Aug. 3, lower than the $3.93 billion expected by...
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