By David Shepardson and Valerie Insinna WASHINGTON (Reuters) -Airplane maker Boeing is urging airlines to inspect 737 MAX airplanes for a possible loose bolt in the rudder control system, the Federal Aviation Administration (FAA) said on Thursday. The FAA said it was closely monitoring Boeing 737 MAX targeted inspections and will consider additional action based …
Boeing urges 737 MAX inspections for possible loose bolt Read More »
(Corrects grammar in paragraph two, to ‘had’ from ‘has’) By Xinghui Kok SINGAPORE (Reuters) – Singapore households are bracing for a sales tax hike that takes effect in the new year as the government shores up coffers ahead of an expected surge in social spending in the rapidly ageing city-state in the years ahead. The …
Singapore readies sales tax hike as demographic crunch looms Read More »
By Blake Brittain and Jaspreet Singh (Reuters) -Apple can for now resume sales of its flagship smartwatches, after a U.S. appeals court on Wednesday paused a government commission’s import ban on the devices imposed in a patent dispute over its medical monitoring technology. The tech giant had filed an emergency request asking the U.S. Court …
Apple can temporarily sell smartwatches after US appeals court win Read More »
By Blake Brittain (Reuters) -A U.S. appeals court on Wednesday temporarily paused a ruling that had restricted imports of Apple’s popular Apple Watches into the United States. Here is a look at what the case means for consumers and what is next for Apple. Why was the ban imposed? The U.S. International Trade Commission in …
Explainer-What is next after pause of US Apple Watch import ban? Read More »
By Stephen Culp NEW YORK (Reuters) -U.S. stocks closed slightly higher in languid trading on Wednesday, with little market-moving news to fuel conviction as the S&P 500 hovered just below bull market confirmation. The three major U.S. stock indexes oscillated between modest gains and losses throughout the session but finished up for the day. All …
Wall St ekes out modest gains as S&P 500 hovers near all-time closing high Read More »
WASHINGTON (Reuters) – The U.S. Federal Trade Commission said on Wednesday it has filed a lawsuit against Grand Canyon University for deceptive advertising and illegal telemarketing. The FTC filed the complaint in a federal court against Grand Canyon Education Inc, its CEO Brian Mueller and Grand Canyon University, according to a statement from the Commission. …
US FTC sues Grand Canyon University for deceptive advertising, illegal telemarketing Read More »
By Davide Barbuscia NEW YORK (Reuters) – A measure of the cost of borrowing short-term funds backed by U.S. Treasuries spiked this week to its highest since 2019, a move some market participants attributed to dealers closing their balance sheets for the year. The DTCC GCF Treasury Repo Index, which tracks the average daily interest …
US short-term financing rate spikes as dealers close books for 2023 Read More »
(Reuters) -Electric vehicle maker Tesla Inc is preparing to launch a revamped version of its Model Y from its Shanghai plant, Bloomberg News reported on Tuesday, citing people familiar with the matter. The move was first reported by Reuters in March when three sources said Tesla was readying a production revamp of the Model Y, …
Tesla to roll out revamped Model Y from Shanghai plant – Bloomberg News Read More »
By Stephen Culp NEW YORK (Reuters) -U.S. stocks extended their rally on Tuesday, kicking off the final week of 2023 with expectations that the Federal Reserve will begin cutting interest rates as soon as March. All three major U.S. stock indexes rose in light trading a day after the Christmas holiday, with the S&P 500 …
Wall Street ends higher in final stretch of 2023, rate cuts in view Read More »
By Blake Brittain (Reuters) -Apple on Tuesday appealed a decision to ban imports of its watches based on a complaint from medical monitoring technology company Masimo, after U.S. President Joe Biden’s administration declined to veto a government tribunal. The tech giant also filed an emergency request on Tuesday for the U.S. Court of Appeals for …
Apple files appeal after Biden administration allows US ban on watch imports Read More »
