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Business News

Boeing 737 MAX test pilot grappled with simulator flaws, too
In newly released text messages from 2016, a top Boeing 737 MAX test pilot tells a colleague that the jet's MCAS flight control system - the same one linked to two fatal crashes - was "running rampant in the (simulator) on me."
Boeing pilots' messages on 737 MAX safety raise new questions
A Boeing Co senior pilot said he might have unintentionally misled regulators, in a series of internal messages from 2016 that became public Friday, plunging the world's largest airplane maker into a fresh crisis.
FAA turns over emails from former Boeing 737 pilot
The U.S. Federal Aviation Administration (FAA) on Friday turned over 10 pages of emails from a former chief technical pilot on the Boeing 737 MAX that disclosed new details of the company's efforts to win approval from regulators around the world.
Oracle co-CEO Mark Hurd dies at 62
Oracle Corp's 62-year-old co-chief Mark Hurd died on Friday morning, the company said, an unexpected development that raises pressure on co-CEO Safra Catz to lead the business software maker's ongoing transition to cloud computing.
Trump hopes U.S.-China trade deal will be signed by middle of November
U.S. President Donald Trump on Friday said he thinks a trade deal between the United States and China will be signed by the time the Asia-Pacific Economic Cooperation meetings take place in Chile on Nov. 16 and 17.
Senior U.S. lawmaker says Boeing must shake-up management after 737 MAX crashes
The chairman of the U.S. House Transportation and Infrastructure Committee on Friday said Boeing Co must shake-up its management team and Congress must reform how new airplanes are certified following the disclosure of internal messages about the 737 MAX involved in two deadly crashes.
Opioid settlement talks falter, landmark trial expected Monday: attorney
A landmark trial stemming from the U.S. opioid epidemic is expected to begin on Monday after last-ditch talks to strike a multibillion-dollar settlement faltered on Friday, according to an attorney for local governments.
J&J recalls 33,000 bottles of baby powder as FDA finds asbestos in sample
Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a bottle purchased online.
Johnson & Johnson says baby powder investigation could take 30 days or more
Johnson & Johnson said on Friday its investigation into asbestos contamination of its baby powder could take 30 days or more, after announcing it planned to recall about 33,000 bottles of the product in the United States.

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