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Business

Federal Reserve Probably to keep interest rates stable

Federal Reserve officials are expected to keep interest rates stable at their two-day meeting ending Thursday. They will probably discuss the economy, financial markets and the future path, including themes. This will be Fed Chairman Jerome Powell's last meeting without a press conference afterwards. The Central Bank issues a policy statement at. 2 pm ET, and officials do not release …

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What midterm election results mean for Wall Street, Economy

Wall Street liked what happened on Tuesday's election and found that democrats who are now controlling the house can keep Donald Trumps more destructive tendencies – on things that trade for one – at bay. Wall Street does not know Trump. Dow Jones Industrial Average increased 545 points on Wednesday, to close 26,180. And Tuesday's future markets moved even more …

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How CNN's Jim Acosta became the reporter Trump loves to hate

The news conference was beaming live across the nation. The country's leader was hunched over a podium before reporters. CNN's Jim Acosta gripped a microphone and fired off a tough question. "Why do you have Cuban political prisoners?" Acosta asked. "And why do not you release them?" It was March 2016 in Havana. Then-President Barack Obama and Cuban President Raúl …

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Amazon's Strategic Move To Split HQ2

<div _ngcontent-c14 = "" innerhtml = " While most of us were busy speculating which city Amazon would name as its second headquarters, Amazon was supposedly busy choosing not just one, but two locations. According to to the Wall Street Journal, it is now suggested that Amazon might choose both Long Island City in New York and Crystal City, Virginia. …

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Boeing and FAA issue safety alert for 737 Max 8 plane in wake of deadly Lion Air crash in Indonesia

Download           Updated Nov 7, 2018 10:17 PM EST Boeing and the Federal Aviation Administration have issued a security alert to flight crews about potential erroneous readings from a sensor in its latest 737 Max 8 aircraft, following last month's Lion Air crash in Indonesia . Boeing said it had issued an "Operations Manual Bulletin" addressing flight crew procedures in cases …

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Tesla name Robyn Denholm as leader to replace Elon Musk

Tesla TSLA 2.08% is Robyn Denholm as its new leader and replaces CEO Elon Musk as chairman of the board with a relative outsider who faces the difficult task of monitoring maverick billionaire. Ms. Denholm, CFO of the Australian telecommunications company Telstra Corp., has served on Tesla's board since 2014, but has fewer ties with Mr. Musk than most of …

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Boston to New York by air and sea

Forget about the heliport, Boston. Seaplanes could soon be your fastest ticket to Manhattan. Cape Air just secured a crucial "agreement letter" from the Federal Aviation Administration to fly seaplanes in the airspace over Boston's inner harbor. The federal body mainly believed that the planes would not interfere with the busy traffic at Logan airport, where Cape Air already has …

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Tesla picks Robyn Denholm to replace Musk as chair

Tesla said Thursday Robyn Denholm has been appointed as head of the electric car manufacturer's board, to replace founder Elon Musk in the role. Denholm, CFO of the Australian telecommunications company Telstra, will take the role of immediate impact, said Tesla. She has been an independent director of the electric car manufacturer since 2014. Tesla CEO Mr. Musk was forced …

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