US, European aviation authorities order inspections after fatal Southwest engine failure

US, European aviation authorities order inspections after fatal Southwest engine failure

US, European aviation authorities order inspections after fatal Southwest engine failure  CNN US, Europe order emergency checks on engine type in Southwest accident  Reuters Southwest Airlines accident: Authorities order mass engine inspections  BBC News Boeing  Fortune Airline Regulators Call for Emergency Inspections of Boeing 737 Engines  Wall Street Journal Full coverage Source link

Wells Fargo Fined $1B for Mortgage, Auto Lending Abuses

Wells Fargo Fined $1B for Mortgage, Auto Lending Abuses

Wells Fargo Fined $1B for Mortgage, Auto Lending Abuses  U.S. News & World Report How Wells Fargo’s $1 Billion Settlement Affects Its Earnings  Wall Street Journal Wells Fargo agrees to pay $1 billion to settle customer abuses  Reuters Bureau of Consumer Financial Protection Announces Settlement With Wells Fargo For Auto-Loan Administration and …  Consumer Financial Protection Bureau Wells Fargo […]

China's ZTE slams US ban on sales, says company's survival at risk

China's ZTE slams US ban on sales, says company's survival at risk

HONG KONG (Reuters) – China’s ZTE Corp (0763.HK) (000063.SZ) said on Friday that a U.S. ban on the sale of parts and software to the company was unfair and threatens its survival, and vowed to safeguard its interests through all legal means. The inside of a ZTE smart phone is pictured in this illustration taken […]

End of an era: All Younkers stores to close

End of an era: All Younkers stores to close

WATERLOO — Younkers, a chain of stores founded more than a century ago in Iowa, will close all its stores after a bankruptcy judge signed off on the liquidation of its parent company. The closures will affect the Younkers at Crossroads Center. It wasn’t immediately clear when the Crossroads store will close or how many […]

Former Yahoo CEO Marissa Mayer Creates Tech Startup Incubator

Former Yahoo CEO Marissa Mayer Creates Tech Startup Incubator

Former Yahoo Chief Executive Officer Marissa Mayer is starting a technology business incubator, Lumi Labs, with longtime colleague Enrique Munoz Torres. The venture will focus on consumer media and artificial intelligence, according to the company’s website, which is set against a backdrop of snow-covered peaks. Lumi means snow in Finnish, Mayer told the New York Times, which reported […]

Morgan Stanley Reports Higher Revenue, Earnings

Morgan Stanley Reports Higher Revenue, Earnings

Updated April 18, 2018 7:27 a.m. ET Morgan Stanley MS -0.30% said its first-quarter profit rose 40%, following other big Wall Street banks that got a boost from lower taxes and more-active markets. Morgan Stanley reported Wednesday quarterly profits of $2.58 billion, or $1.45 a share, on revenue of $11.08 billion. Both were higher than […]

Asian shares mixed, but mostly flat under trade pressures

Asian shares mixed, but mostly flat under trade pressures

TOKYO — Asian shares were mixed but mostly flat Tuesday, amid persisting worries over trade tensions between China and the U.S. Overnight, investors registered relief that air strikes on Syria were contained and unlikely to escalate. KEEPING SCORE: Japan’s benchmark Nikkei 225 erased initial gains and finished up 0.1 percent at 21,847.59. Australia’s S&P/ASX 200 […]

Two black men were arrested at Starbucks. Facing protests, CEO said what happened 'was wrong.'

Two black men were arrested at Starbucks. Facing protests, CEO said what happened 'was wrong.'

Protesters demonstrate Monday inside a Center City Starbucks, where two black men were arrested, in Philadelphia. (Reuters/Mark Makela) The chief executive of Starbucks on Monday called for “unconscious bias” training for store managers and apologized for what he called “reprehensible” circumstances that led to the arrest of two black men at a Philadelphia store last week. […]

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