Category: Trucking News

UPDATE 1-'We know we made mistakes' on 737 MAX – Boeing CEO

Boeing Co Chief Executive Dennis Muilenburg will acknowledge on Tuesday before Congress that the aircraft manufacturer made mistakes after two deadly 737 MAX crashes killed 346 people, according to written testimony seen by Reuters. Muilenburg, who was stripped of his title as Boeing chairman by the board earlier this month, will then testify before the U.S. House of Representatives Transportation and Infrastructure Committee on Wednesday....

UPDATE 3-U.S. regulator to bar China's Huawei and ZTE from government subsidy program

The U.S. telecommunications regulator plans to vote in November to designate China's Huawei and ZTE as national security risks, barring their U.S. rural carrier customers from tapping an $8.5 billion government fund to purchase equipment or services. The Federal Communications Commission (FCC) also plans to propose requiring those carriers to remove and replace equipment from such designated companies, FCC officials said on Monday. At a meeting set for Nov. 19, the FCC said it plans to vote to ask carriers how much it would cost to remove and replace Huawei Technologies Co Ltd and ZTE Corp from existing networks and to establish a reimbursement program to offset the costs of removing the equipment....

UPDATE 4-U.S. regulator to bar China's Huawei and ZTE from government subsidy program

The U.S. telecommunications regulator plans to vote in November to designate China's Huawei and ZTE as national security risks, barring their U.S. rural carrier customers from tapping an $8.5 billion government fund to purchase equipment or services. The Federal Communications Commission (FCC) also plans to propose requiring those carriers to remove and replace equipment from such designated companies, FCC officials said on Monday....

Can Square Stop the Slide of SQ Stock?

When will the weakness of Square (NYSE:SQ) stock end? Despite a pretty good year for tech stocks, SQ stock has struggled throughout 2019. And lately, things have been going from bad to worse, as Square stock fell below the $60 mark again recently before making a modest recovery.Source: Jonathan Weiss / Shutterstock.com Analysts have added to the general negativity towards Square stock. More analysts have "hold" or "neutral" ratings on SQ stock than "buy" or "outperform" ratings.That's quite rare, particularly for a promising growth company like SQ. However, analysts are frustrated by Square's uneven profit margins and the lack of certainty regarding its income over the next year. That uncertainty is due to the company's flood of investments in its non-core businesses. How should investors view the debate around SQ stock?InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 AI Stocks to Buy to Profit from the Recent...