Thursday, 14 November 2019

Boeing brings back humans after automation problems on 777 assembly

Boeing brings back humans after automation problems on 777 assembly

Boeing Co has scaled back use of automation to make fuselage sections for its 777 jetliners amid reports of reliability issues and returned to having mechanics do some of the work, the planemaker said on Thursday.

Stocks, yields slip as investor sentiment wavers

World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the U.S.-China trade war's impact on global growth.

Google antitrust probe to expand into Android: CNBC

The 50 attorneys general investigating advertising practices at Alphabet Inc's Google are planning to expand their antitrust probe into the unit's flagship Android business, CNBC reported on Thursday, citing people familiar with the matter.

WeWork bond drops, spread hits a record on report of delayed share tender

WeWork's junk bond price dropped and its risk premium shot to a record high on Thursday following a report that its main backer had yet to deliver on a plan to buy $3 billion of stock from existing shareholders.

S&P 500 notches record, shakes off Cisco's gloomy outlook

The benchmark S&P 500 stock index posted a slim gain to end with a record closing high on Thursday, as a dour forecast from tech stalwart Cisco Systems was offset by a strong report from big box retailer Walmart.

U.S. charges two former Herbalife executives in China over bribery scheme: source

U.S. prosecutors criminally charged two former executives of Herbalife Nutrition Ltd's Chinese unit with running a decade-long scheme to bribe Chinese government officials to win business and evade regulatory scrutiny, a person familiar with the matter said.

Huawei, ZTE 'cannot be trusted' and pose security threat: U.S. attorney general

Huawei Technologies Co and ZTE Corp "cannot be trusted," U.S. Attorney General William Barr said, labeling the Chinese firms a security threat as he backed a proposal to bar U.S. rural wireless carriers from tapping an $8.5 billion government fund to purchase equipment or services from them.

Ford uses Mustang name, hoping new electric SUV will zap Tesla

Ford Motor Co will tag its new electric sport utility vehicle (SUV) with the Mustang name, the automaker said on Thursday, seeking to entice customers into a new era by linking it to the model whose groundbreaking design in the 1960s combined sportiness and affordability.

PayPal halts payment support to PornHub models

PayPal Holdings Inc said on Thursday it had stopped payment support to PornHub's models after it found the adult entertainment website made certain payments without the permission of the payment processor.

City and union officials to consult on Philadelphia refinery sale process: U.S. court

A U.S. bankruptcy judge on Thursday approved a process for the sale of the Philadelphia Energy Solutions oil refinery, the largest and oldest on East Coast, under which city officials and a trade union will consult on the matter.

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