U.S. To Approve 737 MAX Return As Boeing Faces Strong Headwinds Via Reuters: After nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing Co BA.N is set to win approval on Wednesday from the U.S. Federal Aviation Administration to fly its 737 MAX jet again after two fatal disasters. The FAA will detail software upgrades and training changes Boeing must make in order for it […]
U.S. upgrades safety probe into nearly 159,000 Tesla vehicles Via Reuters: The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it was expanding a probe into nearly 159,000 Tesla Model S and Model X vehicles, upgrading it to an engineering analysis, a step required before it can seek to compel recalls. The auto safety regulator had opened a preliminary evaluation in June over touchscreen failures. NHTSA said the […]
Record high stocks bask in November reign Via Reuters: World stock markets grabbed a well-earned breather on Tuesday after a second major coronavirus vaccine boost in the space of a week had propelled them higher again and put Europe on course for its best month in nearly three decades. The pan-European STOXX 600 dipped 0.2% in early moves but there was little sign of an end to the November bull […]
To Help Economy, Bank Proposes Tax On Working From Home Via AP News: White collar staff reaping the financial benefits of working from home should be taxed to help other workers who aren’t getting the same advantages, experts at Deutsche Bank said in a new report. In its report on how to rebuild the economy after COVID-19, the bank proposed a 5% daily tax on each employee that continues to […]
Nissan Explores Possible Sale Of 34% Stake In Mitsubishi Motors Via Reuters: Nissan Motor 7201.T is looking to sell some or all of its 34% stake in Mitsubishi Motors 7211.T, Bloomberg News reported on Monday, citing unidentified sources, a move that would reshape a three-way alliance that includes France's Renault RENA.PA. Nissan shares rose 5% on the news. Mitsubishi Motors was up 3%. “There are no plans to change the […]
Disney Said Covid-Related Costs Shaved $2.4 Billion From Parks’ Income Via CNBC: While the majority of Disney’s theme parks were open during the company’s fiscal fourth quarter, the continued closure of Disneyland in the U.S. resulted in a big financial hit. The company expects its California parks will remain closed through the end of this year. The state has said it will not permit theme parks to reopen until coronavirus […]
Treasury Yields Slump As Coronavirus Cases Surge Via CNBC: U.S. Treasury yields fell on Friday as confirmed cases of the coronavirus in the U.S. reached a record high on Thursday. The yield on the benchmark 10-year Treasury note sunk to 0.882% at 5:02 a.m. ET, while the yield on the 30-year Treasury bond fell to 1.635%. Yields move inversely to prices. Treasury yields tumbled as the daily count for coronavirus […]
Online Shopping Surge Could Lead To Holiday Delivery Delays Via AP News: Retailers and carriers are preparing for an online holiday shopping surge that could tax shipping networks and lead to delivery delays. FedEx and UPS are ramping up their holiday hiring while expanding their weekend operations and asking retailers to use their shipping network when there is more slack. And stores are pushing shoppers to buy early and are […]
Federal Judge Dismisses Some Claims By Apple In Fight Against Epic Games Via Reuters: A federal judge in California late on Tuesday dismissed some of Apple Inc’s counterclaims against Epic Games, in a dispute that has seen the online game maker’s “Fortnite” game removed from the iPhone maker’s App Store. Apple and Epic have been in a legal battle since August, when the maker of the popular game launched its […]
Catch up on the week's 5, "Best Of" hours from this week's Mike Church Show. Mike Church offers no-holds barred commentary on the moral & political decay of the modern world but unlike all other hosts, Mike offers solutions to these ills, solutions rooted in the wisdom of the Fathers, founding and Church!
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