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Fresh Probe Against Boeing After Whistleblower Alleges Flaws In 787 Dreamliner

Aerospace major Boeing Co. is going through a fresh investigation by the U.S. Federal Aviation Administration or FAA following allegations made by a whistleblower about potential quality issues in 777 and 787 Dreamliner jets, reports said. Boeing engineer Sam Salehpour has filed a complaint with FAA alleging the company dismissed quality and safety concerns during production of its 777 and 787.
RTTNews | 907 hari yang lalu
Occidental Petroleum Expects To Resume Gulf Of Mexico Production In Coming Days

Occidental Petroleum Expects To Resume Gulf Of Mexico Production In Coming Days

Occidental Petroleum Corp. (OXY) revealed in a Form 8-K filing with the U.S. Securities and Exchange Commission on Wednesday that that company delivered another quarter of strong operational performance which enabled the company to overcome an ongoing third party outage in the eastern Gulf of Mexico.
RTTNews | 907 hari yang lalu
U.S. Consumer Prices Climb More Than Expected In March

U.S. Consumer Prices Climb More Than Expected In March

Largely reflecting continued growth in prices for shelter and gasoline, the Labor Department released a report on Wednesday showing U.S. consumer prices advanced by slightly more than expected in the month of March.
RTTNews | 907 hari yang lalu
Arcutis Biotherapeutics Appoints David Topper To Succeed John Smither As CFO

Arcutis Biotherapeutics Appoints David Topper To Succeed John Smither As CFO

Medical dermatology company Arcutis Biotherapeutics, Inc. (ARQT) announced Wednesday that David Topper has been appointed Chief Financial Officer (CFO) effective April 10, 2024. Topper is replacing John Smither, who rejoined Arcutis as interim CFO in August 2023. Smither will remain at Arcutis through the end of April to ensure a smooth transition.
RTTNews | 907 hari yang lalu
Bay Street Likely To Open On Firm Note

Bay Street Likely To Open On Firm Note

Canadian shares likely to open higher Wednesday morning, tracking positive European stocks and higher commodity prices. The Bank of India's interest rate decision, the U.S. consumer price inflation data and the Fed minutes are in focus.
RTTNews | 907 hari yang lalu
Fitch Lowers China's Rating Outlook On Risks To Public Finances

Fitch Lowers China's Rating Outlook On Risks To Public Finances

Fitch Ratings lowered China's rating outlook on Wednesday citing rising risks to public finance amid the economy transforming to a more sustainable growth path from its current property-reliant growth model. China's sovereign rating outlook was downgraded to 'negative' from 'stable'.
RTTNews | 907 hari yang lalu
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Sensex Closes Above 75K; Nifty Tops 22,750

Sensex Closes Above 75K; Nifty Tops 22,750

Indian shares eked out modest gains on Wednesday ahead of the release of U.S. CPI data for March and the Fed's March meeting minutes later in the day.
RTTNews | 907 hari yang lalu
European Shares Climb As Investors Seek Clues On Fed Rate Cuts

European Shares Climb As Investors Seek Clues On Fed Rate Cuts

European stocks climbed on Wednesday as investors awaited the release of U.S. CPI data for March and the Fed's March meeting minutes later in the day for additional clues on when the U.S. central bank will start lowering interest rates.
RTTNews | 907 hari yang lalu
DAX Gains Ahead Of US Inflation Data

DAX Gains Ahead Of US Inflation Data

German stocks rose notably on Wednesday as investors awaited U.S. CPI data and the Fed's March meeting minutes to assess the speed and timing of Federal Reserve interest rate cuts.
RTTNews | 907 hari yang lalu

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