Boeing at two-week high as approval for 737 MAX to fly seen by late June

Boeing at two-week high as approval for 737 MAX to fly seen by late June
FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil, Aug. 14, 2018. REUTERS/Paulo Whitaker/File Photo (Reuters) – Shares of Boeing Co rose as much as 3% to more than a two-week high on Friday after Reuters reported that the Federal Aviation Administration (FAA) expects... Read More

Boeing faces SEC probe into disclosures about 737 MAX problems – Bloomberg

Boeing faces SEC probe into disclosures about 737 MAX problems – Bloomberg
FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircrafts are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File Photo (Reuters) – The U.S. Securities and Exchange Commission is probing whether Boeing Co provided sufficient disclosures about issues related to its 737 MAX jets, which have been grounded worldwide after two... Read More

New York court dismisses whistleblower’s libel suit against UBS

New York court dismisses whistleblower’s libel suit against UBS
FILE PHOTO: The logo of Swiss bank UBS at an office building in Zurich July 27, 2015. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – A New York appeals court has dismissed a U.S. whistleblower’s $20 million libel suit against Swiss bank UBS, his former employer, concluding that statements the Zurich-based bank made about him were at least “substantially true”. Court documents... Read More

Wall Street gains on trade reprieve ahead of long weekend

Wall Street gains on trade reprieve ahead of long weekend
(Reuters) – U.S. stocks gained on Friday, ahead of a long Memorial day weekend, as investors breathed a sigh of relief after President Donald Trump indicated that the protracted trade war with China could end soon. Trump said on Thursday that Huawei Technologies Co Ltd could be included in the trade deal. However, no high-level talks have been scheduled since... Read More