Boeing Co will pay over US$2.5 billion to resolve the Justice Department's investigation into two deadly 737 MAX crashes that killed 346 people, the Justice Department said.
U.S. taxpayers will be on the hook for damage from a mob attack on the U.S. Capitol in Washington on Wednesday because the building and grounds are not insured, industry sources said.
Federal investigators are probing business-card sales practices at American Express, the Wall Street Journal reported on Thursday (Jan 7), citing people familiar with the matter.
Shares of Tesla surged to a record high in heavy trading on Thursday (Jan 7), with the electric car maker's stock market value exceeding Facebook's for the first time.
Millions of pandemic stimulus payments have been deposited in incorrect customer accounts due to an Internal Revenue Service error, according to Intuit TurboTax, which is helping to distribute the payments.
SINGAPORE-BASED crowdfunding platform CA Funding - formerly known as CoAssets - has thrown in the towel and is in the process of winding down, but there is no sign it is a harbinger of the collapse of others in the peer-to-peer lending space, said industry watchers.
IT is likely to be a long-drawn affair for CoAssets' promissory noteholders to claw back their investments - if they were to get back any at all, said industry watchers.
Boeing Co will pay over US$2.5 billion to resolve the Justice Department's investigation into two deadly 737 MAX crashes that killed 346 people, the Justice Department said.
A recent rise in U.S. bond yields and market inflation expectations has bolstered Federal Reserve officials' hopes that the central bank's new monetary policy approach is taking hold and could be further buoyed if a Democratic-led Congress rolls out more spending.
Stocks on Wall Street hit record levels on Thursday as investors bet a Democrat-controlled Congress will deliver more stimulus spending to help the U.S. economy overcome a steep pandemic-induced downturn.
