A new software problem has been found in the troubled Boeing 737 Max that could push the plane’s nose down automatically, and fixing the flaw is almost certain to further delay the plane’s return to flying after two deadly crashes.
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President Donald Trump is continuing efforts to pressure the U.S. central bank system, saying the stock markets and economic growth would be much higher if not for its actions.
The Federal Reserve is leaving its key interest rate unchanged but signaling that it’s prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats.
Barnes & Noble is being acquired by a hedge fund for $476 million and will be taken private.
U.S. hiring slowed in May as employers added just 75,000 jobs, a sign that businesses may have become more cautious in the face of slowing growth, trade fights and the fading stimulus from tax cuts and greater government spending.
A rising share of older Americans is forgoing the concept of a traditional retirement at the age of 65, a trend that some younger workers aren’t particularly thrilled to see.
Chairman Jerome Powell said Tuesday that the Federal Reserve is prepared to respond to the Trump administration’s trade conflicts to protect the U.S. economy, signaling that the Fed will cut interest rates if necessary.
Apple CEO Tim Cook kicked off a keynote Monday that previewed upcoming changes to the company’s phone and computer software, some intended to help it diversify to offset eroding sales of its iPhone.
Sephora says it will close all its U.S. stores on the morning of June 5 to host “inclusion workshops” for its employees.