Attorney General William Barr on Sunday sought to rewrite the narrative surrounding President Donald Trump’s controversial decision to walk across Lafayette Square on Monday to briefly hold a photo-op at St. John’s Church. In a testy interview on CBS’s “Face The Nation” (video embedded below), Barr said the common viewRead More →
If you’re an investor who doesn’t want to miss out on the next big trend, you had better pay attention to what’s going on in space. When people think about the space business, they may be excited that on Saturday the U.S. finally regained the ability to send people intoRead More →
How do you make $1.7 trillion disappear? A trade war is one way, a new report has found. A study by the Federal Reserve Bank of New York adds to previous findings that, despite pronouncements from the White House, Americans are paying — and paying stiffly — for the U.S.-ChinaRead More →
As was the case Wednesday, when the highly anticipated launch from the Kennedy Space Center of a SpaceX rocket in cooperation with NASA was scrubbed, the weather forecast for Saturday on central Florida’s Atlantic coast makes the rescheduled launch a 50-50 proposition. The launch is set for Saturday at 3:22Read More →
The human mind often works in fascinating ways that can help or hurt investors. If someone has to deliberately take action in order to participate in something, they are far less likely to do so than if they were signed up automatically with the option of not participating. This opt-in/opt-outRead More →
One of the House impeachment managers said Sunday she wasn’t sure that the goal of convincing the Senate to subpoena new witnesses in the impeachment trial of President Donald Trump had been achieved this week. Democrats, who hold 47 seats in the Senate, need to convince four Republicans to compelRead More →
Growth stocks hammered value plays last year, as they have been doing since the U.S. recession ended. According to Citi, the MSCI all-cap world value index has underperformed the MSCI growth index by 25% since 2010, with 2019 showing the biggest gap in performance in 20 years. But there wasRead More →
Intel Corp.’s 2020 forecast will determine how its stock swings on Thursday, but what are the chances that outlook actually stays the same for more than a quarter? Intel INTC, +3.60% investors suffered a choppy ride last year, after the chip maker set its forecast at the start of 2019,Read More →
Leaving your flight booking until the last minute can take a big chunk out of your wallet. Airlines don’t like it, either. Now, the world’s biggest plane maker has come up with a solution. Airbus AIR, +0.73% , the European aerospace and defense company that competes against U.S.-based Boeing BA,Read More →
Boeing Co.’s woes are expected to knock half a percentage point off U.S. economic growth in 2020, Treasury Secretary Steve Mnuchin said Sunday. “There’s no question that the Boeing situation is going to slow down the GDP numbers,” Mnuchin said Sunday during an interview on Fox News’ “Sunday Morning Futures.”Read More →
WASHINGTON — President Trump and his senior national-security advisers waited anxiously in the White House Situation Room Tuesday night after intelligence warnings that Iranian missiles would hit two bases the U.S. military uses in Iraq. When it became clear Iran had inflicted no casualties, there was relief, according to administrationRead More →
Newly released internal emails from Boeing Co. paint a disturbing picture of its 737 Max program, with employees bragging about fooling FAA regulators and ridiculing its safety. The emails were part of more than 100 pages of documents sent Thursday by Boeing BA, +1.50% to House and Senate committeesRead More →
Iran fired at least a dozen missiles early Wednesday, local time, at U.S. military bases in Iraq, in an apparent retaliation against the killing of Iranian Maj. Gen. Qassem Soleimani, a top general who led Iran’s Islamic Revolutionary Guard Corps. The Wall Street Journal reported that two military bases, oneRead More →
If you think the worst is over for Boeing since the board jettisoned the CEO, think again. Logically, you don’t drop the person in charge when progress is being made. Rather, you let them go when it becomes clear they are part of the problem, not the solution. Now thatRead More →
As we approach the end of 2019, it’s time not only for year-end lists, but end-of-decade lists. U.S. stocks have had what can only be called an excellent decade. MarketWatch will feature a number of forward-looking articles building on the past decade’s action. Today we’re taking a look back. TheRead More →
Amazon founder and CEO Jeff Bezos said the company won’t shy away from the business of warfare — and aims to compete for more defense contracts. Bezos made the comments during a two-day defense forum that closed out Saturday at the Reagan Library in Simi Valley, California, saying his companyRead More →
The private equity buyers of Inmarsat refused to bow to shareholder pressure and increase their $3.4bn bid for the U.K. satellite company on Monday, just one day before a scheduled court hearing to approve the deal. The buyout consortium, which includes Apax Partners, Warburg Pincus, Canada Pension Plan Investment BoardRead More →
NASA is preparing to launch a mission to 16 Psyche, an asteroid made mostly of metal. The results of the project could lead to a better understanding of Earth’s formation. About 90% of the asteroid is iron and nickel, although some speculate that there is enough gold and platinum toRead More →
Getty Images U.S. factories are still making lots of goods, including autos. Reports of the demise of U.S. manufacturing have been exaggerated, and that may be one reason why fears of an economy-wide recession got out of hand earlier this year. This week’s reports on jobs and gross domestic productRead More →
U.S. lawmakers probing the 737 Max jet crisis are ratcheting up scrutiny of Boeing Co. leaders as new details point to management pressure on engineers and pilots in its commercial-aircraft unit. Investigators for the House Transportation and Infrastructure Committee looking into the design and certification of the 737 Max haveRead More →
Topping New York and New Orleans, and edging out another Midwestern destination in Minneapolis, Chicago was named best big U.S. city by a well-regarded travel magazine Monday. It’s the third straight No. 1 ranking from Condé Nast Traveler for a city that President Trump and his family, who developed andRead More →
© Reuters. FILE PHOTO: The Boeing logo is displayed on a screen, at the NYSE in New York By Alexander Cornwell DUBAI (Reuters) – Dubai Aerospace Enterprise favours expanding its fleet via a takeover of a rival after the group was unable to agree on a major order from AirbusRead More →
A panel of international air-safety regulators is finishing a report expected to criticize the initial U.S. approval process for Boeing Co.’s BA, -0.24% 737 Max jets, according to people briefed on the conclusions, while urging a wide-ranging reassessment of how complex automated systems should be certified on future airliners.Read More →
A Yemeni rebel group aligned with Iran took credit for a drone attack against Saudi Arabia’s main oil refinery this past weekend. The range, payload, and accuracy of the attack, as well as the sophistication of the operation, suggest that the Houthis had a lot of help from their patronRead More →
SpaceX late last month successfully completed the first in a series of tests on its latest suborbital “Starhopper” prototype. The experiment, which required the vehicle to rise untethered from the launch platform to a height of 20 meters (65 feet) was conducted after multiple delays. The 22-second flight was enoughRead More →
