Daniella Cheslow
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Boeing has released a quarterly earnings report that shows revenue and profit taking a hit from the grounding of its 737 Max planes. Profits fell 13% compared to the same quarter a year ago. Overall revenues fell much less though, only 2%.
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After a second 737 Max jet crashed in less than five months, it took Boeing weeks to speak openly about the role its flight control software may have played. Critics say that's too long.
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The company says it isn't planning layoffs. In recent months, two 737 Max planes have fatally crashed, as the pilots struggled to pull the jets out of nose dives.
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NewsThe top official at the FAA says airline pilots had enough training to handle Boeing's flight control software linked to two deadly crashes. His statement has divided pilots in the U.S. and overseas.
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The airline Garuda Indonesia wants to cancel its order of 49 Boeing 737 Max 8 planes, but contracts make it expensive to do so.
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In a tweeted announcement, the Commander in Chief appeared to overturn decades of U.S. policy just ahead of Israeli elections
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NewsBoth Republican and Democratic lawmakers question whether Wells Fargo has changed its culture away from fraud and mismanagement that have led to billions in fines and penalties against the bank.
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One of Kathy Kraninger's first moves as CFPB chief was to move to rescind a rule that would put restrictions on payday lending. Now she'll face questions from the House Financial Services Committee.
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NewsMore people are using mobile money apps to pay each other without cash. With Venmo, its social network is a key part of the payment process, and it's changing people's behavior in unexpected ways.
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Tax refunds so far have been smaller than last year's. Some taxpayers kept a bigger share of their income, but for others it reflects an overhaul that rewarded high earners the most.