Finance news

• Boeing 737 MAX: Manufacturer rolls out software fix but claims it is nothing to do with Ethiopia crash

  27-03-2019 23:46 via news.yahoo.com
  Boeing says it has developed software fixes for an automated flight-control system on its 737 airliners that is under scrutiny after two deadly crashes in five months.The aircraft manufacturer is under pressure from victims’ families, airlines, US politicians and regulators worldwide to prove the automated systems aboard its 737 MAX aircraft are safe and pilots have the training required to override the system in an emergency.Earlier this month, 157 people were killed when a 737 MAX jet of
  
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• UPDATE 2-Syrian army says Israeli strikes hit northern Aleppo city, damages materials only

  27-03-2019 23:26 via news.yahoo.com
  The Syrian military said Israel on Wednesday launched raids on an industrial zone in the northern city of Aleppo, causing damage only to materials, while opposition sources said the strikes hit Iranian ammunitions stores and a military airport used by Tehran's forces."The Israeli aggression targeted some positions in Sheikh Najjar industrial zone and a number of enemy missiles were brought down," an army statement said.There was no immediate comment from Israel.
  
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• MPs fail to find Brexit majority as May offers to quit for her deal

  27-03-2019 23:08
  MPs reject all eight of the alternative Brexit options put before them
  
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• New details about Google’s upcoming mid-range Pixel model just leaked

  27-03-2019 23:04 via news.yahoo.com
  Bit by bit, we're learning new details about the long-rumored mid-range Google Pixel model that's been the subject of speculation for almost a year now.It seems that these next additions to Google's reasonably successful Pixel line, which will reportedly be called the Pixel 3a and Pixel 3a XL, will be released in black, white and "iris" color finishes (with the latter looking like a mix between blue and purple). They'll also be priced around 450 euros, or the equivalent of a little more than $50
  
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• Why the U.S. Air Force Just Launched 24 Stealth F-22 Raptors Into the Sky

  27-03-2019 23:00 via news.yahoo.com
  The dramatic "elephant walk" at Elmendorf Air Force Base was more than an impressive photo-op. It showed off much of the new, bigger F-22 force at the base, underscored the resident 3rd Wing's apparently improving maintenance capabilities and underscored the Air Force's evolving strategy for deploying F-22s and other planes in self-sustaining small groups.
  
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• Trump news: Hope Hicks accused of lying to Robert Mueller as president is blamed for Bush ‘heart attack’

  27-03-2019 21:55 via news.yahoo.com
  Hope Hicks has been accused of lying to Special Counsel Robert Mueller during his investigation into Russian interference in the 2016 election by a former spokesperson for Donald Trump’s legal team.Mark Corallo said the former White House communications director lied to investigators from the special counsel’s office about discussions that were had with the president on Air Force One after the infamous 2016 Trump Tower meeting was made public through media reporting.
  
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• Charlamagne Tha God: If Trump 'doesn’t end up in jail, he’ll be president again’

  27-03-2019 21:51 via news.yahoo.com
  The co-host of the popular "Breakfast Club" radio show says President Trump will "probably" get a second term because his would-be challengers are not addressing issues important to the African American community.
  
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• Guaido calls for protest as Venezuela blackout drags into third day

  27-03-2019 21:19 via news.yahoo.com
  Power went out in much of the country on Monday afternoon, less than two weeks after electricity was restored following the worst blackout in Venezuela's history."The time has come to agitate in every state, in every community, to get water back, get electricity back, get gas back," said Guaido, the leader of the opposition-controlled National Assembly who invoked the constitution to assume an interim presidency in January, arguing President Nicolas Maduro's May 2018 re-election was illegitimate
  
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• Markets Right Now: Health care, tech lead US stocks lower

  27-03-2019 21:11 via news.yahoo.com
  NEW YORK (AP) — The latest on developments in financial markets (all times local):
  
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• Egyptian mediators rush to Gaza Strip as cease-fire holds

  27-03-2019 20:54 via news.yahoo.com
  JERUSALEM (AP) — Egyptian mediators rushed to the Gaza Strip on Wednesday and Hamas' supreme leader emerged from his hideout as an unofficial cease-fire between Israel and the Islamic militant group appeared to take hold.
  
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• Adam Schiff isn't backing down: 'Undoubtedly there is collusion'

  27-03-2019 20:51 via news.yahoo.com
  With Republicans demanding he step down, the California Democrat vows to keep investigating the president.
  
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• Save $80 on crazy wireless over-ear headphones with earbuds inside the cups, today only

  27-03-2019 20:22 via news.yahoo.com
  You've undoubtedly seen plenty of pairs of headphones in your lifetime, but you've never seen anything like the Nuraphone Wireless Noise Cancelling Over Ear Headphones. These premium noise cancelling headphones have a feature you won't find on any other over-ear headphones out there: earbuds built right into the cups. The result is a listening experience that's unlike anything else you've ever tried, and you can save $80 on them in Amazon's one-day sale.Here's what you need to know from the prod
  
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• Barclays investment bank boss quits in leadership shake-up

  27-03-2019 20:20
  Barclays announced Tim Throsby’s surprise departure alongside a number of other leadership changes
  
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• Trump tells Russia to get its troops out of Venezuela

  27-03-2019 19:47 via news.yahoo.com
  The arrival of two Russian air force planes outside Caracas on Saturday believed to be carrying nearly 100 Russian special forces and cybersecurity personnel has escalated the political crisis in Venezuela.Russia and China have backed President Nicolas Maduro, while the United States and most other Western countries support opposition leader Juan Guaido.In January, Guaido invoked the constitution to assume Venezuela's interim presidency, arguing that Maduro's 2018 re-election was illegitimate.
  
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• Defending Green New Deal, Ocasio-Cortez says GOP Sen. Mike Lee doesn't take 'job seriously'

  27-03-2019 19:47 via news.yahoo.com
  "The real question we should be asking: Why does the Senate GOP refuse to hold any major hearings on climate change?" Ocasio-Cortez said in a tweet.
  
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• Jake Patterson: Wisconsin man pleads guilty to kidnapping Jayme Closs and shooting her parents

  27-03-2019 19:46 via news.yahoo.com
  Jake Patterson has pleaded guilty to kidnapping 13-year-old Jayme Closs, killing her parents and holding her captive in a remote cabin for three months.The intentional homicide counts carry a sentence of life in prison.According to a criminal complaint , Patterson told authorities he decided she “was the girl he was going to take” after he saw her getting on a school bus near her home.
  
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• Jussie Smollett prosecutors owe explanation to Chicago and the nation on dropping charges

  27-03-2019 19:39 via news.yahoo.com
  Cook County prosecutors, in refusing to explain their reversal on 'Empire' star, only added to the murkiness of this entire reality TV whodunit.
  
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• UPDATE 3-Venezuela blackout drags into third day, Maduro announces "load management"

  27-03-2019 19:32 via news.yahoo.com
  CARACAS/VALENCIA, Venezuela, March 27 (Reuters) - Venezuelan opposition leader Juan Guaido on Wednesday called on supporters to take to the streets this weekend to protest a nationwide power outage, while President Nicolas Maduro announced a "load management" plan for the coming days.Power went out in much of the country on Monday afternoon, less than two weeks after electricity was restored following the worst blackout in Venezuela's history."The time has come to agitate in every state, in ever
  
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• Senator uses Star Wars posters, image of Reagan riding a dinosaur to blast Green New Deal

  27-03-2019 19:23 via news.yahoo.com
  Sen. Mike Lee took an unconventional route in blasting the Green New Deal. The Utah Republican honed his inner troll while using everything from posters showing Aquaman and Star Wars characters to quotes from Austin Powers to paint the bill as "ridiculous"
  
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• Teenage boys at Maryland school rated female classmates based on their looks - so the girls fought back

  27-03-2019 19:14 via news.yahoo.com
  It included the names of 18 girls in the Bethesda-Chevy Chase High School’s International Baccalaureate Diploma Programme, ranked and rated on the basis of their looks, from 5.5 to 9.4, with decimal points to the hundredth place.A group of male students in their program created the list more than a year ago, but it resurfaced earlier this month, through text messages and whispers during class.One male classmate, seeing the name of his good friend Nicky Schmidt on the list, told her about i
  
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• May Plans to Step Down Once Divorce Deal Agreed: Brexit Update

  27-03-2019 18:52 via news.yahoo.com
  Key Developments:May announces plan to step down in meeting of influential 1922 Committee of Tory MPsMay’s aiming for a vote on her deal this week, with Friday the likeliest day.Theresa May’s office has just released a partial transcript of her speech to rank-and-file Tory lawmakers and she made a very clear commitment to go.
  
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• Southwest cuts sales outlook as 737 MAX grounding hits US carriers

  27-03-2019 18:29 via news.yahoo.com
  Southwest Airlines trimmed its revenue estimate Wednesday, citing flight cancellations due to the Boeing 737 MAX grounding among key factors dragging on earnings.Southwest, which focuses primarily on travel within the United States, cancelled 9,400 flights in the first quarter, with the Boeing grounding accounting for about a third of that number, the company said in a securities filing.The disclosure highlighted the hit from the Boeing debacle to US airlines following a Federal Aviation Adminis
  
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• Modi Says Satellite Destruction Shows India Is Now a ‘Space Power’

  27-03-2019 18:27 via news.yahoo.com
  In a televised address to the nation, Modi said India fired a missile to knock down one of its own satellites in low Earth orbit, calling the capability crucial for national security.“India has today established its name as a space power,” Modi said.The shoot-down involved an interceptor from India’s ballistic missile defense program, showcasing the country’s rising confidence in the technology.
  
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• The first iOS 12.3 developer beta is available for download right now

  27-03-2019 18:25 via news.yahoo.com
  Just days after Apple rolled out iOS 12.2 to the public (unlocking Apple News+ for everyone who wants to pay $9.99 for a subscription to magazines and newspapers), the first iOS 12.3 beta has been seeded to developers. This might end up being one of the last releases before iOS 13, but considering how soon it dropped after the March event, we expect it to contain some early signs of the new services Apple unveiled in Cupertino.The release notes don't appear to mention any major changes, but we'l
  
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• UPDATE 4-New Jersey jury finds J&J not liable in talc cancer trial; company settles 3 other cases

  27-03-2019 18:20 via news.yahoo.com
  A New Jersey jury on Wednesday cleared Johnson & Johnson of liability in a lawsuit brought by a man who said that asbestos in the company's talcum powder products caused his mesothelioma.The jury delivered its unanimous verdict in Middlesex County Superior Court in New Brunswick, just miles from J&J's headquarters, in the case of plaintiff Ricardo Rimondi.J&J, which faces some 13,000 talc-related lawsuits nationwide, denies that its talc causes cancer, saying numerous studies and tes
  
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• End of Obamacare? President Donald Trump resumes an old battle. Here's why.

  27-03-2019 18:02 via news.yahoo.com
  President Donald Trump pledges to make the GOP "the party of healthcare" as his administration calls on federal judges to throw out Obamacare.
  
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• India's election commission examining Modi address on anti-missile test

  27-03-2019 17:49 via news.yahoo.com
  India's Election Commission said it had directed a committee of officers to examine Prime Minister Narendra Modi's announcement of an anti-satellite test on Wednesday, after opposition leaders complained the move was aimed at scoring political points.In a television address to the nation, Modi said an Indian missile had shot down an Indian satellite in space, making India only the fourth country after the United States, Russia and China to have that capability.
  
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• Barclays investment bank boss Throsby exits in leadership shake-up

  27-03-2019 17:13
  Barclays announced Tim Throsby’s surprise departure alongside a number of other leadership changes
  
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• Hamas leader appears in public as fighting with Israel tails off

  27-03-2019 17:01 via news.yahoo.com
  No deaths have been reported in Gaza and Israel since the latest clashes erupted on Monday.Israel's Iron Dome anti-missile interceptors have destroyed some Palestinian rockets and militants in Gaza vacated facilities hit in the air strikes.In the occupied West Bank on Wednesday, however, a 17-year-old Palestinian was shot dead by Israeli troops during clashes with stone-throwers, an ambulance service official said, identifying the victim as a volunteer wearing a paramedic uniform.
  
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• House fails to override President Trump's veto of national emergency resolution

  27-03-2019 16:59 via news.yahoo.com
  President Trump vetoed the congressional resolution after a dozen Senate Republicans voted with Democrats to block his national emergency declaration.
  
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• The Eight Brexit Options British MPs Will Vote on Today: a Guide

  27-03-2019 16:38 via news.yahoo.com
  Having finally seized control of the Brexit process, at least for a day, British members of Parliament are setting out how they think things should move forward.There are two types of motion, those that focus on outcomes -- what sort of relationship the U.K. should have with the European Union -- and those that deal with process -- the means of getting to that outcome.Proposes leaving the EU on April 12 without any kind of deal.
  
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• Blockchain start-up launches investment and hiring programme

  27-03-2019 16:37
  R3 has ruled out further fundraising and is growing its team substantially
  
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• Jussie Smollett update: Questions remain after charges dropped against 'Empire' actor

  27-03-2019 16:12 via news.yahoo.com
  One day after charges against "Empire" actor Jussie Smollett were dropped, many questions still remain.
  
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• Accountants issue stark warning on UK construction sector

  27-03-2019 15:54
  A ‘race to the bottom’ on pricing could put companies and members of their supply chains out of business, says ICAEW
  
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• Someone already got a Galaxy Fold and he’s spilling all kinds of details

  27-03-2019 15:46 via news.yahoo.com
  Samsung's upcoming Galaxy Fold definitely isn't the most hotly anticipated smartphone of 2019. Heck, it isn't even the most hotly anticipated foldable smartphone of 2019, since Huawei's upcoming Mate X appears to outclass the Galaxy Fold in every conceivable way. But the Galaxy Fold is unquestionably an exciting step in a new direction for Samsung, and it should be the first of many devices that cram a great big screen into a compact space by allowing users to fold it up.Some avid Samsung fans a
  
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• Tusk urges European Parliament to consider long Brexit delay

  27-03-2019 15:33 via news.yahoo.com
  EU leaders granted Britain a short extension to the March 29 Brexit day last week, saying if Britain's parliament did not back the divorce deal agreed with Prime Minister Theresa May this week, then the British government would have to indicate what it wished to do before April 12.Tusk said April 12 was the "new cliff-edge date" andBritain still had a choice between a deal, no deal, a long extension or the revoking of Article 50, Britain's notification that it plans to leave the European Union.
  
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• Paleontologists discover 'Scotty,' the world's largest T. rex fossil: 'The rex of rexes'

  27-03-2019 15:26 via news.yahoo.com
  The massive predator, nicknamed “Scotty,” was about 42 feet long and likely weighed more than 9.7 tons, according to a new study.
  
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• Trump news - live: President taunts opponents with new nicknames, as he is blamed for Bush 'heart attack'

  27-03-2019 15:17 via news.yahoo.com
  House speaker Nancy Pelosi has urged her fellow Democrats not to accept the verdict of attorney-general William Barr on the Mueller report as Donald Trump continues to gloat over his “vindication” on collusion with Russia.
  
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• Ilhan Omar systematically takes apart Netanyahu's Aipac speech: 'He wants to silence me, but I am not alone'

  27-03-2019 15:17 via news.yahoo.com
  Ilhan Omar has responded to Benjamin Netanyahu in an excoriating series of tweets after the Israeli prime minister rebuked her comments about the influence of the American Israel Public Affairs Committee (Aipac) over US politics.“Take it from this Benjamin.It’s not about the Benjamins,” Mr Netanyahu told an audience at Aipac’s annual policy conference on Tuesday.
  
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• Ericsson says no bounty from Huawei 5G security worries

  27-03-2019 14:59 via news.yahoo.com
  The mobile network gear maker counts market leader Huawei and Finland's Nokia as its main rivals and some analysts think it could benefit from Western suspicions of Huawei, after Washington alleged its gear could be used by Beijing for spying.Huawei has strongly rejected the allegations and launched a lawsuit against the U.S. government."What we see is that customers are worried," Ericsson Chief Executive Borje Ekholm told Reuters ahead of the firm's annualmeeting at a venue close to its north S
  
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• 1 ejected, killed in crash on 405 Freeway in Costa Mesa; NB lanes closed

  27-03-2019 14:57 via news.yahoo.com
  A person was ejected and killed in a crash that forced the closure of all northbound lanes on the 405 Freeway in Costa Mesa.
  
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• Autonomy founder Lynch was scapegoat for HP's incompetence, court told

  27-03-2019 14:56 via news.yahoo.com
  Hewlett-Packard botched its $11.1 billion acquisition of Autonomy and then tried to cover up its own mismanagement by accusing the British software company's founder Mike Lynch of fraud, a London court was told on Wednesday.HP is suing Lynch, once hailed as Britain's answer to Bill Gates, along with his former finance chief Sushovan Hussain for more than $5 billion after the 2011 Autonomy deal went disastrously wrong for the Silicon Valley group.HP wrote down the value of Autonomy by $8.8 billio
  
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• Kathie Lee Gifford says leaving NBC is 'bittersweet'

  27-03-2019 14:49 via news.yahoo.com
  Kathie Lee Gifford says she is 'going to come back as often and I can' to visit her colleagues on NBC; says it feels 'right' to leave the 'Today' show
  
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• Profits and salaries soar at hedge fund TT International

  27-03-2019 14:43
  Timothy Tacchi's hedge fund doubled revenues and profits last year
  
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• 'People are dying': Ocasio-Cortez defends Green New Deal from 'elitist' knock

  27-03-2019 14:37 via news.yahoo.com
  Rep. Alexandria Ocasio-Cortez, D-N.Y., on Tuesday tore into a Republican colleague who suggested the so-called Green New Deal she is championing is “elitist.”
  
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• John Delaney: The American people will never have closure until they can read the Mueller report

  27-03-2019 14:34 via news.yahoo.com
  2020 Democratic presidential hopeful John Delaney says that while the Mueller report was important, members of Congress need to get back to working on the issues.
  
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• Venezuela hit by fourth massive blackout in less than three weeks

  27-03-2019 14:15 via news.yahoo.com
  Government blames ‘criminal imperialist attack’ but many suspect blackouts are result of crumbling infrastructure caused by years of corruptionThe dark skyline at dawn in Caracas, Venezuela on Wednesday. Photograph: Natacha Pisarenko/APVenezuela has suffered its fourth massive blackout in less than three weeks, leaving at least of 12 of its 23 states without electricity and reinforcing the sense of crisis in the country.Many of the cities and regions affected by Wednesday’s out
  
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• Southwest Airlines takes financial hit from Boeing 737 Max 8 grounding

  27-03-2019 13:51 via news.yahoo.com
  The grounding of Boeing 737 Max 8 planes is costing Southwest Airlines. It will lose $150 million in first-quarter revenue due to one-time issues.
  
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• Arizona Border Patrol Arrests 800 Migrants in Two Days

  27-03-2019 13:44 via news.yahoo.com
  U.S. Customs and Border Patrol (CPB) agents in Arizona arrested 800 migrants, most of whom were members of family units, attempting to cross the border during a two day period that began Sunday.> Agents from @CBP USBP YumaSector arrested over 800 illegal aliens on Sunday and Monday, most of whom were surrendering family groups from Central America pic.twitter.com/ObreuxnmDX> > -- CBP Arizona (@CBPArizona) March 26, 2019The Yuma border patrol sector, which spans 126 miles of desert from
  
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• More universities notified they are under investigation in connection with the college admissions scandal

  27-03-2019 13:38 via news.yahoo.com
  Department of Education opens preliminary investigation into eight universities in connection with the college admissions scandal.
  
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