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 →
Bloomberg News/Landov A worker places bowling pins onto a rack at the QubicaAMF Bowling Worldwide LLC facility in Lowville, New York. The numbers: The New York Fed’s Empire State manufacturing survey’s main index rebounded 12.9 points to 4.3 in July, the New York Fed said Monday. Economists had expected aRead More →
Step right up to the hot seat, Jerome Powell. Investors from here to Hanoi can think of nothing else but the Fed chairman’s appearance on Capitol Hill Wednesday. The big question to be answered: Does Powell agree with the end-July quarter-point rate cut markets are pricing in, even after lastRead More →
Boeing shares under pressure after reports of a new flaw in the company’s 737 MAX jet fleet Investors are digesting conflicting reports on the state of U.S.-China trade negotiations Semiconductor stocks seen adding to Wednesday’s rally; Advanced Micro Devices and Nvidia shares rise. Futures for the Dow Jones Industrial AverageRead More →
Investors who own Axon Enterprise Inc. should brace for the stock to lose half its value, according to well-known short seller Spruce Point Capital Management, which issued a “strong sell” opinion on the law-enforcement technology company, that was formerly known as Taser International. In a research report released publicly onRead More →
The Senate on Thursday voted against an effort to block sales of certain U.S. arms to Qatar and Bahrain, though Kentucky Republican Sen. Rand Paul’s push got support from more than 40% of the chamber. His measure targeting the arms sales to Qatar was defeated by a vote of 42-57,Read More →
© Reuters. Huawei’s Chief Legal Officer Song Liuping attends a news conference on Huawei’s ongoing legal action against the U.S. government’s National Defense Authorization Act (NDAA) action at its headquarters in Shenzhen By Sijia Jiang HONG KONG (Reuters) – China’s Huawei Technologies Co Ltd has filed a motion for summaryRead More →
Third time’s a charm. After two delays last week, Elon Musk’s SpaceX launched its heaviest payload yet Thursday night, launching dozens of satellites that are intended to eventually provide high-speed internet access from space. A reusable Falcon 9 rocket lifted off from Florida’s Cape Canaveral carrying 60 Starlink satellites, weighingRead More →
Four weeks after faulty sensor data led a 737 Max jet to crash in Indonesia last year, a high-ranking Boeing Co. executive raised and dismissed the possibility of a bird collision triggering a similar sequence of events that could cause a second accident. U.S. aviation authorities increasingly believe that aRead More →
Boeing Co. didn’t share information about a problem with a cockpit safety alert for about a year before the issue drew attention with the October crash of a 737 Max jet in Indonesia, and then gave some airlines and pilots partial and inconsistent explanations, according to industry and government officials.Read More →
Scott Wolff Christine Mau takes her final flight in the F-35. This story is part of “Ceiling Smashers,” a series in which successful women across industries tell MarketWatch how they broke down professional barriers. When she was a child, Christine Mau’s home in Laguna Hills, Calif., sat beneath the flightRead More →
Boeing Co. on Monday said certain safety alerts on its 737 Max jets didn’t operate as airlines would have anticipated because of a previously undisclosed error on its part. Boeing’s BA, -0.46% statement came a day after The Wall Street Journal reported the company hadn’t told airlines flying 737Read More →
Suppliers to Boeing Co. are struggling to navigate uncertainty arising from the continued grounding of the company’s 737 Max aircraft. Reliant on Boeing orders, executives of the 600-plus companies that supply more than 3 million parts to make the beleaguered jet are bracing for potential changes to production levels shouldRead More →
Stocks on Wednesday looked set to trade flat to slightly higher, a day after the S&P 500 and Nasdaq carved out their first records in months, underscoring a rebound for stocks since an ugly decline in the last three months of 2018. The advance for equity markets come ahead ofRead More →
Boeing Co. stock extended gains to a second week as the release of a preliminary report on the Ethiopia Air fatal crash seemed to fuel optimism on Wall Street. Boeing BA, -0.98% shares ended the week 2.8% higher, on top of a 5.3% gain in the prior week. On Friday,Read More →
Officials investigating the fatal crash of a Boeing Co. BA, +0.06% 737 MAX in Ethiopia have reached a preliminary conclusion that a suspect flight-control feature automatically activated before the plane nose-dived into the ground, according to people briefed on the matter, the first findings based on data retrieved fromRead More →
Attorneys for the Securities and Exchange Commission on Monday blasted Tesla Inc. Chief Executive Elon Musk’s defense over whether he should be held in contempt of court, saying one of his main arguments “borders on the ridiculous.” Last week, Musk said the SEC was overreaching and infringing on his freeRead More →
The U.S. Department of Transportation is investigating the Federal Aviation Administration’s approval of Boeing Co.’s 737 Max jetliners, according to people familiar with the probe, an unusual inquiry into potential lapses in federal safety approvals for new aircraft. The inquiry focuses on a safety system that has been implicated inRead More →
The sky-high cost of having a first child can also include leaving your STEM job. About four in 10 women (43%) leave their full-time employment in science, technology, engineering and mathematics following the birth or adoption of their first child, according to research recently published in the peer-reviewed Proceedings ofRead More →
© Reuters. FILE PHOTO – Paramount Group military aircraft are seen on display at the Africa Aerospace and Defence expo at the Waterkloof Air Force Base near Pretoria By Alexander Cornwell ABU DHABI (Reuters) – South African defense company Paramount Group expects to sign agreements with four African governments thisRead More →
Don’t miss these top money and investing features: The trouble with bear markets is that stock investors typically don’t know they’re in one until they’re in one. Investment advisers may also be taken by surprise. That’s why it’s crucial to have realistic expectations of the market, especially when it comesRead More →
Reuters President Donald Trump delivered the State of the Union address, with Vice President Mike Pence and Speaker of the House Nancy Pelosi, at the Capitol in Washington, DC on February 5, 2019. Democrats slammed President Donald Trump over his comments about “ridiculous partisan investigations” in his State of theRead More →
© Reuters. FILE PHOTO: A trade visitor walks past a General Electrics Aviation pavilion at Farnborough International Airshow in Farnborough, Britain WASHINGTON (Reuters) – General Electric (NYSE:) Aviation, a unit of General Electric Co, has been awarded a $517 million U.S. Army contract for the engineering and manufacturing development phaseRead More →
January has been a month of records, from bitter cold, to Wall Street gains. With February knocking on the door, the S&P and Dow are set to close out their best start to the year since 1989, with the Nasdaq is poised for its strongest January since 2001. Naturally, thisRead More →
WASHINGTON — The Defense Department is examining whether Amazon Web Services created a conflict of interest by hiring a former Pentagon employee who helped develop a cloud-computing procurement contract. AWS, a unit of Amazon.com Inc. AMZN, +0.91% , is among the companies seeking the $10 billion contract to create andRead More →
