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Lawmakers want to end age discrimination — and that's good for your wallet

The House of Representatives passed a bill that would make it more difficult to fire or discipline older workers based solely on their age.

5 years ago

Brazil's GOL sees 737 MAX flying by April, compensation talks ongoing

Brazilian low-cost carrier GOL, which has 130 of Boeing's grounded 737 MAX jets on order, expects to be flying the jet by April and hopes to secure a compensation deal within months, chief financial officer Richard Lark said on Monday.



5 years ago

S&P 500 loses ground amid China virus outbreak, growth fears

The benchmark S&P 500 slipped on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF prompted investors to lock in recent gains.



5 years ago

China virus outbreak impedes Wall Street rally; Netflix earnings on deck

Wall Street's main indexes paused near all-time highs on Tuesday, as concerns about the fallout from a deadly virus outbreak in China and a downbeat growth outlook from the IMF prompted investors to lock in recent gains.



5 years ago

Risk assets slip on Chinese virus anxiety

Risk assets took a hit across the globe on Tuesday while the Japanese yen and U.S. Treasury prices gained as financial markets reacted to mounting concern about a new strain of flu-like virus in China.



5 years ago

Starbucks to add more plant-based food in latest green push; Beyond Meat shares jump

Starbucks Corp aims to add more plant-based food and drinks to its menu as part of the company's latest plan to become more environmentally friendly, Chief Executive Kevin Johnson said on Tuesday, prompting a surge in shares of Beyond Meat Inc .



5 years ago

Oil market shrugs off Libya crisis amid ample global supply

Oil prices fell on Tuesday on expectations that a well-supplied global market, including supplies from growing record U.S. production, would be able to absorb disruptions that have cut Libya's crude production to a trickle.



5 years ago

Goldman CEO says process on canceled WeWork IPO 'worked'

Goldman Sachs Chief Executive David Solomon called WeWork's abandoned initial public offering (IPO) a great example of the listing process working on Tuesday, even if was "not as pretty as everybody would like it to be".



5 years ago

Huawei CFO arrives in Vancouver court to contest U.S. extradition request

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday, where her lawyers are expected to build on their arguments against the U.S. extradition request that they say is based a sanctions violation and not bank fraud.



5 years ago

Boeing shares plunge as 737 MAX may not get approved to return until mid-year: source

Boeing Co shares plunged on Tuesday after the planemaker told airlines and suppliers it now forecasts it does not expect to win approval from regulators for the return of the 737 MAX to service until June or July - significantly longer than some forecasts - a source briefed on the matter said.



5 years ago

Wall Street loses ground as China virus spooks investors

Wall Street backed away from all-time highs on Tuesday as investors returned from a holiday weekend to face a viral outbreak in China and a downbeat global growth outlook from the International Monetary Fund (IMF).



5 years ago

Michigan, Tesla reach agreement for direct car sales: source

Tesla Inc has reached a settlement with Michigan to allow the electric carmaker to directly sell vehicles in the state, a person familiar with the agreement said on Tuesday.



5 years ago

Boeing says 737 MAX may not win approval to return until mid-year, shares drop

Boeing Co said on Tuesday it does not expect to win approval for the return of the 737 MAX to service until mid-year due to further potential developments in the certification process and regulatory scrutiny on its flight control system.



5 years ago

Maureen Jensen to step down from OSC

Investment Executive | James Langton | Jan 21, 2020 Grant Vingoe will take over as acting chair following Jensen’s departure on April 15 Maureen Jensen, the head of Canada’s largest securities regulator, is stepping down as chair and CEO of the Ontario Securities Commission (OSC) 10 months early. The OSC announced that Jensen will leave

5 years ago

Michigan, Tesla reach agreement for direct car delivery: source

Tesla Inc has reached a settlement with Michigan to allow the electric-car maker to directly deliver its vehicles to customers in the state, a person familiar with the agreement said on Tuesday.



5 years ago