Business


Belmont Stakes clearly up for grabs

Kentucky Derby victor Always Dreaming finished eighth in the Preakness , so he is skipping the Belmont. A year after Pletcher-trained Destin got caught at the wire by Creator in the Belmont, Tapwrit stopped the clock in 2:30.02 to give his trainer a second classic win of the year, after Always Dreaming's victory in the Kentucky Derby Presented by Yum! Gormley raced in the Kentucky Derby but chose to skip the Preakness , which may give him a bit of advantage over ...


Boeing launches new 737 aircraft at Paris Air Show

Boeing launches new 737 aircraft at Paris Air Show

Notably, Airbus COO for customers John Leahy issued a not-so-subtle jab at Boeing's enthusiasm for its Max 10 commitments. A rendering of Boeing's 737 MAX 10 over Paris.BoeingOn Monday, Boeing launched the newest and largest member of its 737 MAX family of jets at the 2017 Paris Air Show.


Amazon to Acquire Whole Foods Market

Amazon to Acquire Whole Foods Market

The company now has a consensus rating of "Hold" and an average price target of $35.92. RBC Capital Markets maintained it with "Outperform" rating and $37 target in Thursday, November 5 report. The company's shares fell the most in six weeks on the news, while the shares of merger partner Level 3 Communications Inc. also dropped sharply. COPYRIGHT VIOLATION NOTICE: This news story was first published by Community Financial News and is the property of of Community Financial News.


Trump seeks to privatize US air traffic control system

Trump seeks to privatize US air traffic control system

In fact the proposal to break off the air traffic function from the government's Federal Aviation Administration was first proposed during the Clinton administration, and was revived early previous year in legislation introduced by Pennsylvania Republican Bill Shuster.


Blue Apron Reveals Initial Public Offering Target at $586.5 Million

Blue Apron Reveals Initial Public Offering Target at $586.5 Million

The company reported revenue of $795.4 million in 2016 but posted a $54.9 million loss, steeper even than its losses of $47 million in 2015 and $30.8 million in 2014. Only about 1% of grocery shopping in the U.S.is done online., while Blue Apron said in its IPO filing that its market penetration in the USA was just 0.7% in the fourth quarter of past year.


Dow and S&P 500 Clinch New Records as Tech Rebounds

Dow and S&P 500 Clinch New Records as Tech Rebounds

Biogen climbed 3.5 percent and Morgan Stanley rose 2.8 percent. Stocks posted broad gains, with the S&P and Dow closing at new record highs and the S&P tech sector (+1.7%) enjoying a strong rebound from back-to-back weekly declines. Trading activity was somewhat subdued, however, as a lack of major USA economic data kept some traders on the sidelines. Technology companies, health care stocks and banks are leading market indexes higher in midday trading on Wall Street.