Boeing’s schedule for Federal Aviation Administration (FAA) certification of its 737 Max 10 aircraft could be delayed, according to a report. The planemaker faces a December deadline for regulatory certification for the Max 10 and Max 7 planes, meaning certification…
The month of October has become legendary among those who follow the market closely, with a history of crashes that have come to be known as the “October Effect,” often raising fears that a downturn is on the horizon as…
India has overtaken the United Kingdom’s spot as the world’s fifth-largest economy, according to GDP figures from the International Monetary Fund. According to the calculation, based on US dollars, India overtook the UK in the final three months of 2021…
Investors will get a break on Monday as the New York Stock Exchange will be closed in observance of the Labor Day holiday. Corporate earnings and key economic data will ramp up throughout the rest of the week. US stocks…
The Russian energy giant Gazprom scrapped its Saturday deadline and indefinitely extended its gas cuts to Europe. The state owned energy company cited urgent maintenance was behind its reasoning Friday and did not provide a date when it intends to…
Amazon is reportedly scrapping plans to build dozens of warehouse facilities across the United States amid slowed sales growth. The consulting firm MWPVL says that the online retail giant is either closing or abandoning plans to open 42 facilities across…
CVS Health Corp. has reportedly taken the lead in the battle among heavyweights for the home-healthcare company Signify Health Inc. CVS is said to be in advanced talks with a bid of around $8 billion, according to Bloomberg. Signify is…
Lawmakers on Capitol Hill are looking into what is being done to prevent cryptocurrency fraud. A House oversight subcommittee asked regulators and industry leaders to explain what they are doing to stop it along with other scams against consumers. The…
Here are the key events taking place on Wednesday that could impact trading. SNAP: Shares fell 6% in after-hours trading after the company reportedly plans to lay off 20% of its employees. People familiar with the matter tell The Verge…
Attendees of a music festival in Illinois reported thousands of dollars of unexpected charges on their credit cards after a payment glitch increased their tips 10 or 100 times the intended amount. Courtney Richter, a 20-year-old who attended the Sacred…