By Tim Hepher PARIS (Reuters) -Engine maker CFM’s wariness to ramp up supplies significantly to Airbus at a time of stress for its other key customer Boeing was likely a factor in Airbus’ move to delay planned jet output increases, industry sources said on Tuesday. On Monday, Airbus delayed a multi-year hike in narrowbody production, […]
By John Revill ZURICH (Reuters) -Four bankers who helped a friend of Russian President Vladimir Putin move millions of francs through Swiss bank accounts have lost their attempt to overturn convictions for failing to perform due diligence in financial transactions. Zurich High Court on Tuesday upheld an earlier judgement against the men who assisted Sergey […]
Stephen Greathouse / Shutterstock.com Entrepreneur, Shark Tank host, and investor Kevin O’Leary-also known as “Mr. Wonderful,” has been giving financial advice for several years. Explore: 30 Celebrities Who Went From Rags to Riches Also: 4 Genius Things All Wealthy People Do With Their Money O’Leary — whose net worth stands at $400 million, according to […]
A stock trader at work at the New York Stock Exchange on February 24, 2020.Johannes Eiselle/Getty Images Short bets against funds that track major US indexes have declined to record lows, JPMorgan said. There are three main reasons short sellers are withdrawing from the market. Low levels of short-selling could spark volatility in the market […]
Critics of Donald Trump are claiming a photo shows someone physically guiding him by the hand as he walks offstage after a campaign event. This is false; the picture depicts a brief moment when the former US president grasped his son’s hand before exiting a 2023 rally without assistance. “Trump has to hold someone’s hand […]
Lynn Conway may hold the record for longest delay between being unfairly fired and receiving an apology for it. In 1968, IBM – a company that now covers its logo in a rainbow flag each June for Pride Month – fired Conway, who died on June 9, 2024, at 86, when she expressed her intention […]
Apple (NASDAQ: AAPL) and Oracle (NYSE: ORCL) blasted to all-time highs on Wednesday. Apple is up over 14% in the last month — the recent rally primarily fueled by a positive response to its annual Worldwide Developers Conference. Apple is integrating artificial intelligence (AI) across several key product categories. Meanwhile, Oracle is up 19% in […]
Jun. 15—Frank Reed, an early oilman and attorney, was born in Chicago into poor circumstances and had to work even as a young child. One of his earliest jobs was selling newspapers on a street corner in his home city. He remembered the summer heat baking his bare feet on the concrete sidewalk. Occasionally the […]
By Ross Kerber (Reuters) – Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contributing to the passage of the record-setting arrangement on Thursday. In a note seen by Reuters, Vanguard said it had voted against Musk’s compensation package when it was […]
A former Nashville police officer is facing felony official misconduct charges after investigators say he helped make an adult video while he was on duty. Sean Herman, 33, was arrested Thursday at his Sumner County home, according to a news release issued by the police department. The three-year veteran officer was fired on May 9, […]
The Supreme Court struck down the nationwide ban on bump stocks on Friday that former President Donald Trump had worked to implement, but his campaign had relatively little to say on the matter. “The Court has spoken and their decision should be respected,” Karoline Leavitt, Trump’s campaign press secretary said in a statement. Leavitt then […]
By Ross Kerber (Reuters) – Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contributing to the passage of the record-setting arrangement on Thursday. In a note seen by Reuters, Vanguard said it had voted against Musk’s compensation package when it was […]