Boeing completes 737 MAX software update, working on pilot training plan

Boeing completes 737 MAX software update, working on pilot training plan
(Reuters) – Boeing Co said on Thursday it had completed a software update for its 737 MAX jets, which have been grounded worldwide since March after they were involved in two fatal crashes. FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo The planemaker... Read More

No easy options for China as trade war, U.S. pressure bite

No easy options for China as trade war, U.S. pressure bite
BEIJING (Reuters) – China is running out of options to hit back at the United States without hurting its own interests, as Washington intensifies pressure on Beijing to correct trade imbalances in a challenge to China’s state-led economic model. FILE PHOTO: People visit U.S. food booths at SIAL food innovation exhibition, in Shanghai, China, May 14, 2019. REUTERS/Aly Song China... Read More

Depression risk could derail your retirement portfolio

Depression risk could derail your retirement portfolio
NEW YORK (Reuters) – Retirement savings can suffer from interest rate moves, market volatility and other financial risks, but depression can be just as damaging. FILE PHOTO: FILE PHOTO: A couple sit on the beach and look out to sea on the August bank holiday weekend in Worthing, Britain, August 26, 2017. REUTERS/Russell Boyce/File Photo/File Photo The transition to retirement... Read More

South Korea’s latest big export: Jobless college graduates

South Korea’s latest big export: Jobless college graduates
SEOUL (Reuters) – Cho Min-kyong boasts an engineering degree from one of South Korea’s top universities, a school design award and a near-perfect score in her English proficiency test. Jobseekers look at recruitment advertisements during the 2018 Japan Job Fair in Seoul, South Korea, November 7, 2018. Picture taken on November 7, 2018. REUTERS/Kim Hong-Ji But she had all but... Read More

U.S. education groups McGraw-Hill, Cengage plan all-stock merger

U.S. education groups McGraw-Hill, Cengage plan all-stock merger
FILE PHOTO – Students study in the Reading Room at Suzzallo Library on the University of Washington campus in Seattle, Washington, U.S., September 20, 2018. REUTERS/Lindsey Wasson (Reuters) – Educational publishers McGraw-Hill Education Inc and Cengage Learning Holdings II Inc are planning an all-stock merger, McGraw-Hill said on Wednesday. The merged company will be named McGraw Hill and will hold... Read More

Factbox: Warren Buffett, Berkshire Hathaway at a glance

Factbox: Warren Buffett, Berkshire Hathaway at a glance
(Reuters) – Warren Buffett will host tens of thousands of people in Omaha, Nebraska from May 3-5 at what he calls “Woodstock for Capitalists,” the annual shareholder weekend for his company, Berkshire Hathaway Inc. FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, talks to a reporter in the exhibit hall at the company’s annual meeting in Omaha, Nebraska, U.S.,... Read More

U.S. inflation muted, economic outlook strengthening

U.S. inflation muted, economic outlook strengthening
WASHINGTON (Reuters) – U.S. labor costs increased steadily in the first quarter as a jump in transportation and manufacturing wages was offset by small gains elsewhere, pointing to moderate inflation pressures even as the labor market tightens. FILE PHOTO: Construction workers are seen at a new building site in Silver Spring, Maryland, U.S. June 2, 2016. REUTERS/Gary Cameron Other data... Read More

U.S. inflation tame; economic outlook strengthening

U.S. inflation tame; economic outlook strengthening
WASHINGTON (Reuters) – U.S. labor costs increased steadily in the first quarter as a jump in transportation and manufacturing wages was offset by small gains elsewhere, pointing to moderate inflation pressures even as the labor market tightens. FILE PHOTO: Construction workers are seen at a new building site in Silver Spring, Maryland, U.S. June 2, 2016. REUTERS/Gary Cameron Other data... Read More