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The chief aviation regulator in the U.S. called a test flight of the Boeing Co. 737 Max Wednesday “productive,” but said the agency hasn’t completed its work assessing the fixes needed to return the plane to service. Federal Aviation Administration chief Steve Dickson, a former airline pilot who is licensed […] When it comes to defensive stocks with wide moats, utilities have historically fit the description down to every last detail. That may have changed in some markets where utilities have been deregulated to allow competition, but it still holds true for regulated utilities. With news that NextEra Energy Inc. (NYSE: […] "I think we're going to need to keep the Fed funds rate at zero … for the next probably 2½ to three years years," Dallas Fed President Robert Kaplan told CNBC. "It could be that long that until we get on track, to have weathered the crisis and are on […] New York City restaurants are reopening their dining rooms for the first time since March on Wednesday. Fine-dining restaurants like o.d.o. by Odo are changing their seating arrangements and menus to accommodate the new normal. O.d.o. plans to keep offering outdoor dining because the 25% capacity limit is not enough […] “If he chooses to do so, the chairman could become an icon in the industry and the company he created will go from strength to strength,” said Alison Levitt QC in her report last week, prodding Boohoo to tackle its supply chain failures. As a company, Boohoo has accepted Levitt’s […] Barclays Plc promoted C.S. Venkatakrishnan to be the bank’s global head of markets in a sweeping overhaul of its senior ranks. He replaces Stephen Dainton, who becomes deputy head of markets, according to an internal memo Wednesday. Venkatakrishnan, who goes by Venkat and currently serves as chief risk officer, will […] After ending the previous session notably higher, stocks have moved back to the downside during trading on Wednesday. The major averages have all moved lower, with the tech-heavy Nasdaq showing a particularly steep drop. Currently, the major averages are off their worst levels of the day but still in the […] Asian stock markets, led by South Korea, are notably lower on Thursday amid worries about the global economic recovery due to urging coronavirus cases in certain parts of the world and uncertainty about new U.S. fiscal stimulus. Federal Reserve Chair Jerome Powell noted that despite progress in rebounding from the […] The roaring 2020s started with a red-hot market that melted down into a 35% sell-off in less than a month. A melt-up rally followed, with all the losses erased and market indexes hitting all-time highs. Investors have been whipsawed this year, and one thing that could bring a sense of […] Becton Dickinson’s COVID-19 test, which gives results in 15 minutes, has been approved in countries that accept a European Union quality mark, the US company said. The rapid antigen test, which is already used in the US, is expected to be on the European market by the end of October. […]FAA Chief Calls Test Flight of 737 ‘Productive’ But Work Remains
Beyond NextEra\/Duke Hopes, Warren Buffett and Other Utilities Deserve Consideration
Near-zero interest rates may be needed for up to 3 years, says Dallas Fed's Robert Kaplan
How one Michelin-star restaurant is reopening its New York City dining room
Silence is a bizarre position for Boohoo’s chairman to adopt
Barclays CEO Promotes His Risk Chief in Leadership Overhaul
U.S. Stocks Mostly Lower In Early Afternoon Trading
Asian Markets Notably Lower
4 Companies in Late-Stage Coronavirus Vaccine Testing: Will Big Pharma Win the Race?
A COVID-19 test that gives results in 15 minutes without a lab has been cleared for use in Europe
