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The announcement marks Jet Airways as the first Indian carrier to order the new aircraft type. The Boeing Company claims that with CFM International LEAP-1B engines, Advanced Technology winglets and other improvements, the 737 MAX would deliver "20 percent lower fuel use than the B737 NGs" and deliver "the lowest operating costs in its class - 8 percent per seat less than its nearest competitor".
  • NY Fed Selects SF Fed President For Top Slot

    NY Fed Selects SF Fed President For Top Slot

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    He will take over for William Dudley, who announced a year ago that he planned to step down this summer. Current San Francisco Fed President John Williams will take over the same role at the New York Fed, effective June 18. The search committee co-chairs said they had regular consultations with the Fed Board to make sure they were considering the right sort of candidate.
  • Marijuana legalization tied to drops in prescriptions of opioids

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    When states implemented medical marijuana laws, however, the annual opioid prescription rate declined by nearly 6 percent, or approximately 39 fewer prescriptions for every 1,000 people enrolled in Medicaid each year. David Bradford , an economist at the University of Georgia and an author of one of the studies . The new findings should come as little surprise to those paying attention.
  • WPP board investigates Sir Martin Sorrell for 'personal misconduct'

    WPP board investigates Sir Martin Sorrell for 'personal misconduct'

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    WPP said that "the allegations do not involve amounts which are material to WPP". "The investigation is ongoing". Martin Sorrell, the CEO of the world's biggest ad agency, is under investigation over claims of "personal misconduct". The investigation comes a month after WPP - the world's largest holding company - posted its biggest stock decline in nearly 20 years and predicted no growth for 2018.
  • Blackstone Reports 30% Gender Pay Gap in UK

    Blackstone Reports 30% Gender Pay Gap in UK

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    Ryanair has an average gender pay gap of 67 per cent among its British-based staff, a new report has revealed. Mirror Group Newspapers (20.7%) has the second highest gender pay gap, whereas the Guardian (12.1%) and the Times (12.7%) sit at the opposite end of the spectrum.
  • Lockheed Martin wins NASA Contract worth almost $250 Million

    Lockheed Martin wins NASA Contract worth almost $250 Million

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    While NASA's interests aren't necessarily towards decreasing flight times for the average traveler (at least at his point in time) it's true that a successful supersonic X-plane would open up new options for travel that were previously inaccessible due to the incredibly loud sonic boom experienced when an aircraft breaks the speed of sound.
  • Benin Management CORP Cuts Position in General Electric (GE)

    Benin Management CORP Cuts Position in General Electric (GE)

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    General Electric (NYSE:GE) received a $16.00 price objective from equities research analysts at UBS in a research report issued to clients and investors on Wednesday, March 7th, www.boersen-zeitung.de reports. Analysts expect General Electric Company (NYSE:GE) to report $0.12 EPS on April, 20.They anticipate $0.09 EPS change or 42.86 % from last quarter's $0.21 EPS.
  • General Motors Company (GM) ended its day with the change of -1.60%

    General Motors Company (GM) ended its day with the change of -1.60%

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    Fieldpoint Private Securities LLC bought a new stake in shares of General Motors in the 3rd quarter worth approximately $119,000. Some, including GM, provide other clues about the recent health of their businesses, such as a spike in spending on consumer incentives or deliveries to fleet companies, both of which can dent profits.
  • Are Traders Shorting Bed Bath & Beyond Inc. (NASDAQ:BBBY) Shares?

    Are Traders Shorting Bed Bath & Beyond Inc. (NASDAQ:BBBY) Shares?

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    Sold All: 71 Reduced: 105 Increased: 75 New Position: 56. Several other analysts have also commented on BBBY . (NYSE:NWHM) to report $-0.05 EPS on April, 26.They anticipate $0.09 EPS change or 225.00% from last quarter's $0.04 EPS. 125.01 million shares or 3.64% less from 129.74 million shares in 2017Q3 were reported. The company had a trading volume of 2,760,406 shares, compared to its average volume of 2,857,076.
  • Time Warner Inc. (TWX) Upgrade at Credit Suisse Group AG

    Time Warner Inc. (TWX) Upgrade at Credit Suisse Group AG

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    Telos Capital Management holds 1.14% or 35,388 shares in its portfolio. The stock increased 0.44% or $0.42 during the last trading session, reaching $95. Mercer Capital Advisers stated it has 5,156 shares. The hedge fund held 32,947 shares of the television services company at the end of 2017Q4, valued at $3.01 million, down from 37,034 at the end of the previous reported quarter.
  • Panera Bread data breach affected 10K customers

    Panera Bread data breach affected 10K customers

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    The website was taken offline briefly and the data made inaccessible, but only after Krebs spoke to CIO John Meister . Another security company, Hold Security , also has issues with this whole incident, claiming that Panera is drastically downplaying the severity of this breach, saying that up to 37 million customers may have been affected, as opposed to the 10,000 customers Panera announced to Fox News.
  • London Flights Face Delays as Air Traffic Controllers go Digital

    London Flights Face Delays as Air Traffic Controllers go Digital

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    They added that the root of the problem "has been identified and action is underway to return to normal operations" by the late evening. "Contingency procedures are being put in place which will have the effect of reducing the capacity of the European network by approximately 10 percent", the agency said.
  • Shares of HanesBrands Inc. (HBI) are Lessened by Boyar Asset Management Inc

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    Goldman Sachs upgraded the stock to "Buy" rating in Monday, January 4 report. It has underperformed by 10.43% the S&P500. Parnassus Investments increased its stake in Hanesbrands Inc . The firm earned "Market Perform" rating on Wednesday, October 25 by Wells Fargo. The firm earned "Equal-Weight" rating on Monday, March 28 by Barclays Capital.
  • Motco Has $10.36 Million Stake in McDonald's Co. (MCD)

    Motco Has $10.36 Million Stake in McDonald's Co. (MCD)

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    Mc Donalds Corp Com now has $125.31 billion valuation. Evermay Wealth Management LLC now owns 5,618 shares of the fast-food giant's stock valued at $967,000 after purchasing an additional 1,490 shares in the last quarter. Buffington Mohr Mcneal reported 2.51% stake. Westpac Banking Corporation invested in 53,711 shares. ( NYSE :DRI). South Dakota Investment Council, South Dakota-based fund reported 16,442 shares.