Boeing said it will have to do more work on about 50 undelivered 737 MAX airplanes after its supplier discovered two mis-drilled holes on some fuselages.
Read More New quality glitch to delay some Boeing 737 MAX deliveries
Category: Business
US labor market sizzles; delivers large job and wage gains
U.S. job growth accelerated in January and wages increased by the most in nearly two years.
Read More US labor market sizzles; delivers large job and wage gains
Fed says more ‘confidence’ needed on inflation front before rate cuts can start
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
Read More Fed says more ‘confidence’ needed on inflation front before rate cuts can start
Cigna sells Medicare business to Health Care Service for $3.3 bln
Insurer Health Care Service Corp said it would buy Cigna’s Medicare business that manages government-backed health insurance for people aged 65 and older.
Read More Cigna sells Medicare business to Health Care Service for $3.3 bln
Toyota warns 50,000 US vehicle owners to stop driving, get immediate repairs
Toyota said it is urging the owners of 50,000 older U.S. vehicles to get immediate recall repairs because an air bag inflator could explode.
Read More Toyota warns 50,000 US vehicle owners to stop driving, get immediate repairs
Bayer shares fall nearly 6% on court order to pay $2.25 bln in damages
Bayer was ordered to pay the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller.
Read More Bayer shares fall nearly 6% on court order to pay $2.25 bln in damages