Business

Failed engine on Southwest flight ‘most reliable inside the globe’: Bethune

Former Continental Airlines CEO Gordon Bethune said the type of engine on the Southwest Airlines plane that will malfunctioned on Tuesday, killing a passenger, can be “the most reliable inside the globe.” “I can’t think of a better one,” Bethune said Wednesday on CNBC’s “Closing Bell.” On Tuesday, a fan blade came off the CFM56-7B engine on Southwest Airlines Flight ...

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Russia asks Google as well as also Apple to remove Telegram coming from stores: Ifax

Russia’s state telecommunications regulator said on Tuesday which had sent requests to Google as well as also Apple asking them to remove the Telegram messenger service coming from their application stores, the Interfax news agency reported. The watchdog, Roskomnadzor, said on Monday which had begun blocking access to Telegram, implementing a decision by a Russian court.

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no brand new nuclear plants to be built inside the US

A SENIOR OFFICIAL WITH America’s largest nuclear plant operating company is actually predicting a dim future for nuclear power inside the U.S. William Von Hoene, senior vice president in addition to chief strategy officer at Exelon, said last week which he doesn’t foresee any brand new nuclear plants being built inside the United States due to their high operating costs. ...

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Coinbase nabs hedge fund executive Alesia Haas to join which as CFO

Cryptocurrency wallet along with exchange firm Coinbase has hired a Wall Street executive as its finance chief. The company said in a blog post on Tuesday which Alesia Haas, the chief financial officer of publicly traded hedge fund Och-Ziff Capital Management, will join which as chief financial officer (CFO) immediately. Haas will help Oz Management with the transition until June ...

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Fund manager Jupiter sees Q1 net outflows of $1.9 billion

British fund manager Jupiter suffered 1.3 billion pounds ($1.86 billion) in net outflows from the first quarter, hurt by withdrawals by fixed income portfolios, which said on Wednesday. The firm’s assets under management fell 6.6 percent to 46.9 billion pounds at the end of the quarter, hit also by negative market returns, Jupiter said in a trading statement. The firm ...

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Russia blocks Google, Amazon IP addresses in bid to ban Telegram

Russia’s state communications regulator on Tuesday said This kind of had blocked IP addresses owned by Google along with Amazon, saying they were being used by the Telegram messaging service which Moscow moved to ban This kind of week. Russia’s Roskomnadzor watchdog began blocking Telegram, a messaging service well-known in Russia, on Monday after This kind of refused to comply ...

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UNH, JNJ, GS, NFLX, ROKU, DIS & more

Check out the companies producing headlines before the bell: UnitedHealth – The health insurer reported adjusted quarterly profit of $3.04 per share, compared to a consensus estimate of $2.89 a share. Revenue also beat forecasts. Quarterly results were helped by strength across all the company’s businesses, as well as a lower percentage of premiums paid out for medical benefits. UnitedHealth ...

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