Britain clears Boeing 737 MAX for return to service
Boeing’s 737 MAX plane received clearance to resume flying in Britain on Wednesday, after the UK regulator followed the EU’s air safety watchdog in approving…
Category: Business
Europe lifts safety ban on Boeing 737 MAX jet
European regulators on Wednesday lifted a 22-month ban on flights of the Boeing 737 MAX after a design and pilot training overhaul in the wake…
AT&T takes $15.5 billion charge on DirecTV, adds more phone customers
AT&T Inc said on Wednesday it wrote down its premium TV business, which includes satellite television unit DirecTV, by $15.5 billion, reflecting the impact of…
Oil prices end mixed, despite big U.S. crude stock drawdown
Oil prices were little changed on Wednesday, despite a massive drawdown in U.S. crude inventories, as ongoing concerns about the coronavirus pandemic tempered buying interest.…
AMC seizes on rally to sell stock, but misses even bigger payday
AMC Entertainment Holdings Inc said on Wednesday it had raised $304.8 million by selling shares during an unprecedented social media-driven rally in its stock, though…
Stocks tumble on recovery fears; dollar climbs
Stocks fell around the world on Wednesday as investors turned more cautious over stretched valuations and the economic impact of the COVID-19 pandemic, while the…
Reddit-fueled AMC rally gives Silver Lake $284 million gain
An unprecedented flood of bets by amateur investors may have cost Wall Street hedge funds billions of dollars on Wednesday, but one private equity firm…