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Boeing criminal case linked to fatal 737 crashes dropped
Posted onAFP via Getty Images Boeing will avoid a criminal charge in the US linked to two deadly 737 Max crashes, after a court granted a request from the US government to dismiss the criminal case. In his ruling, Judge Reed O’Connor said he “disagreed” that dropping the charge was in the public interest but said…
Trump Media reports $238m loss as crypto falls
Posted onPresident Donald Trump’s social media company reported a loss of $238m (£176m) between April and June as it branched into ventures unrelated to media, including cryptocurrencies. The quarterly loss is more than 10 times the amount reported during the same period a year earlier, according to the Trump Media and Technology Group, which owns the…
Trump picks Kevin Warsh to lead the US Federal Reserve
Posted onWarsh, a 55-year-old economist, is a fellow at the right-leaning Hoover Institution and serves on the board of courier UPS. He has been an outspoken Fed critic, lambasting everything from the central bank’s heavy reliance on data to its use of assets on its balance sheet.
