(Reuters) – European regulators on Wednesday lifted a 22-month ban on flights of the Boeing 737 MAX after a design and pilot training overhaul in the wake of crashes that killed 346 people. The European Union Aviation Safety Agency (EASA) confirmed a provisional approval given in November, but dropped calls for an extra flight-angle sensor to back up a system […]

(Reuters) – Dennis Dick, a professional stock trader in Las Vegas, reads the site Seeking Alpha before work and keeps up to the minute throughout the trading day by watching Twitter, but last weekend he also joined a group on the popular online discussion board Reddit “because I need to know what’s going on.”FILE PHOTO: A street sign, Wall Street, […]

(Reuters) – European stocks tumbled on Wednesday as extended coronavirus lockdowns drove the German government to slash its growth forecast for 2021, while talk of further interest rate cuts by the European Central Bank hit banking stocks.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 26, 2021. REUTERS/StaffAfter holding largely […]

(Reuters) – European regulators on Wednesday lifted a 22-month ban on flights of the Boeing 737 MAX after a design and pilot training overhaul in the wake of crashes that killed 346 people. The European Union Aviation Safety Agency (EASA) confirmed a provisional green light given in November but dropped calls for an extra flight-angle sensor to back up a […]

New York (CNN Business)Welcome to the Reddit market. A group on Reddit’s Wall Street Bets board have been promoting a number of stocks, hoping to squeeze short sellers that have been betting against them. They’re succeeding. Their best-known bet is GameStop (GME), which is up another 100% Wednesday after nearly doubling Tuesday and soaring 685% this year. Today’s target: AMC […]

Pete Buttigieg, U.S. secretary of transportation nominee for U.S. President Joe Biden, speaks during a Senate Commerce, Science and Transportation Committee confirmation hearing in Washington, DC, U.S., January 21, 2021. Stefani Reynolds/Pool via REUTERSWASHINGTON (Reuters) – The U.S. Senate Commerce Committee on Wednesday voted 21-3 to approve President Joe Biden’s nominee to head the U.S. Transportation Department, setting up a […]

FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., as IMF Managing Director Christine Lagarde meets with Argentine Treasury Minister Nicolas Dujovne September 4, 2018. REUTERS/Yuri GripasWASHINGTON (Reuters) – A “sense of complacency” is permeating markets as investors, betting on continued accommodative monetary policy, are stretching asset prices, risking a sudden market […]