Forest Products Industry
United joins American Airlines in telling US immigration officials not to fly children separated from their families on its planes (UAL, AAL)
United Airlines CEO Oscar Munoz said in a statement on Wednesday that the airline had told the US government not to use its planes to fly children who have been separated from their families by immigration officials at the US-Mexico border. Hours earlier, American Airlines made a similar announcement. Major US airlines are under contract with the US government to provide transportation services.
The head of Boeing (BA.N) jetliner sales said on Wednesday he was confident a possible new mid-market jet with the potential to carve out new routes would be ready to enter service in 2025, but stressed the planemaker would not be rushed into a decision. Boeing is studying plans for what industry sources describe as a hybrid jet combining a wide cabin and a restricted cargo space, moulded to fly efficiently in a space between the industry's single-aisle jets and wide-body long-haul aircraft. Ihssane Mounir, senior vice-president for commercial sales and marketing at Boeing, told French journalists Boeing would "protect" the targeted 2025 date for entry into service, which some analysts see as ideally suited to planned replacement cycles.
Walgreens is replacing GE in the Dow, ending the industrial giant’s 111-year run. Yahoo Finance’s Seana Smith, Rick Newman, Myles Udland and Dan Roberts discuss why this is significant and how GE might perform after leaving the index.
S&P announced Tuesday that for the first time in more than a century, General Electric Company (NYSE: GE ) will no longer be one of the Dow Jones Industrial Average's 30 components. On June 26, GE will ...
Morgan Stanley is sticking to its bearish thesis for Advanced Micro Devices, Inc. (NASDAQ: AMD ), and said Wednesday that any upside benefits for the semiconductor maker need to be taken in context with ...
Shares of several notable Canadian marijuana companies--including Cronos Group (CRON), Canopy Growth (CGC), and Aurora Cannabis (ACBFF)--moved higher in early morning trading Wednesday on the back of news that recreational marijuana will soon be legal in the country.
IQ stock churned in the low $20’s and abruptly took off, climbing north of $30 almost instantly, then $40. Netflix has subscriber growth momentum too and now its $177 billion market dwarfs many of its competitors.
EPA Administrator Scott Pruitt’s longtime friend and political ally on Capitol Hill is walking back his criticism of the embattled agency leader after the two met Tuesday evening. Senator Jim Inhofe, a Republican from Pruitt’s home state of Oklahoma, said he’s “a little embarrassed” over telling conservative political commentator Laura Ingraham last week that the Environmental Protection Agency head may need to resign amid mounting ethics complaints. "I was beginning to have doubts about Scott Pruitt, all these accusations, but I had to find out for myself," Inhofe said in an interview Wednesday.
Michael Cohen is very unhappy. So unhappy, he’s “willing to give” information about his former boss, president Donald Trump, to federal investigators, his friends are telling CNN. Cohen has plenty to be upset about. He’s under a high-profile investigation by the FBI, huge suspicious payments have been found flowing through his shell company, and his…
“We had no idea our former store would be used for such a disturbing purpose,” Walmart said in a tweet Tuesday evening, replying to a separate tweet that called for a boycott of the retailer. A former Walmart in Brownsville, Texas, is one of several facilities run by a nonprofit called Southwest Key Programs Inc. that are used to hold the children of parents who have crossed the U.S. border illegally. The sites have sparked a firestorm of criticism that’s expanded to include Republican governors, European governments and former first lady Laura Bush.
Facebook Inc. co-founder Mark Zuckerberg is poised to leapfrog Warren Buffett to become the world’s third-richest person. Zuckerberg, more than a half-century younger than the Berkshire Hathaway Inc. chairman, is now worth $81.3 billion, gaining $8.5 billion this year as Facebook shook off a data-privacy crisis that caused its stock to tumble 18 percent. Its rebound from a closing low of $152.22 on March 27 to a record $201.45 at 9:45 a.m. Wednesday in New York narrowed the gap with Buffett to $725 million, according to the Bloomberg Billionaires Index.
Skyworks Solutions, Sierra Wireless, and Cypress Semiconductor don't have the same name recognition as big tech companies, but they have the potential to be some of the biggest winners in the IoT space.
As Bombardier (BBDb.TO) surrenders hopes of securing a top spot in commercial aviation with the sale of its money-losing CSeries jet program to Airbus (AIR.PA), the Canadian company is now drawing up plans to breathe new life into its older regional planes. Bombardier is shoring up its loss-making regional jets and turboprops with a mixture of hard-sell, cost-cutting and outsourcing. It is also growing its line of business jets after a cash squeeze and production delays forced it to cede a majority stake in its high-tech CSeries which aims to break into the market for mainline jets dominated by Airbus and Boeing.