Tag: AER
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Wall Street collapses as Credit Suisse triggers another bank sell-off
February retail sales, falling producer inflation Credit Suisse US stocks hit record lows Regional bank shares fall NEW YORK, March 15 (Reuters) – US stocks lost late Wednesday, but the Dow and S&P 500 still closed lower as problems at Credit Suisse revived fears of a banking crisis, lowering bets on a smaller US rate […]
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The FAA approves the restart of Boeing 787 Dreamliner deliveries next week
March 10 (Reuters) – The Federal Aviation Administration (FAA) on Friday approved Boeing to resume deliveries of its widebody 787 Dreamliner next week after the aircraft maker addressed the agency’s recent concerns. The agency halted 787 deliveries on Feb. 23 due to a data analysis error related to the jet’s forward thrust bulkhead, which Boeing […]
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Wall St falls on bank stocks tumble, jobs report jitters
Investors are looking forward to Friday’s jobs report Bank shares plummet after SVB announces share sale General Electric rises after repeated forecast Indexes down: Dow 1.85%, S&P 1.66%, Nasdaq 2.05% March 9 (Reuters) – Wall Street’s three major stock indices closed lower on Thursday, with banking stocks the biggest drag, while investors also worried Friday’s […]
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Japan’s new rocket fails after an engine problem, a blow to space ambitions
Destruction signal sent to missile 14 minutes into flight Japan’s space agency is still hoping for a competing rocket Rocket to eventually supply the planned US space station on the moon TOKYO, March 7 (Reuters) – Japan’s new medium-lift rocket failed on its debut flight into space on Tuesday after the launcher’s second stage engine […]
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Japan destroys new rocket in space after second stage engine failure
TOKYO, March 7 (Reuters) – Japan said it had destroyed a new medium-lift rocket launched into space on Tuesday after the vehicle’s second stage engine failed to ignite, in a blow to its efforts to open access to expand into space and remain competitive in a launch market rocked by Elon Musk’s SpaceX. The 57-meter […]
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Biden is going to require chip companies that win subsidies to share excess profits
WASHINGTON, Feb. 28 (Reuters) – The Biden administration said on Tuesday it will require companies raising funds from its $52 billion US semiconductor manufacturing and research program to share excess profits and explain how they plan to provide affordable childcare. The Commerce Department on Tuesday released its plans to begin accepting applications for a $39 […]
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The French defense group Thales recruits 12,000 men as orders soar
PARIS, Feb. 26 (Reuters) – French defense and technology group Thales (TCFP.PA) plans to hire 12,000 new employees this year as there is strong demand for all its products, CEO Patrice Caine said in a statement. interview with the French weekly Le Journal du Dimanche. He said Thales, which has a total of 80,000 employees, […]
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Boeing shares fall after new Dreamliner delivery stop
Feb. 24 (Reuters) – Shares of Boeing Co (BA.N) fell nearly 5% on Friday after the US aircraft maker temporarily halted deliveries of its 787 Dreamliner jets over a fuselage component documentation issue. Boeing said on Thursday after reviewing certification data it had “discovered an analysis error by our supplier related to the 787 forward […]
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Japan halts launch of H3 flagship missile just before liftoff
TOKYO, Feb. 17 (Reuters) – Japan on Friday halted the launch of its first new medium-lift rocket in three decades just before the H3 vehicle was due to take off after secondary booster motors tethered to the side failed to fire. During the live-streamed event, the H3’s main engine failed after the launch countdown reached […]