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Boeing must face shareholder class action following MAX 9 blowout

Boeing must face shareholder class action following MAX 9 blowout

(Reuters) - A federal judge on Friday certified a class action accusing Boeing (NYSE:BA) of prioritizing profit over safety and overstating its commitment to safe aircraft, prior to the January 2024 mid-air cabin panel blowout on an Alaskan Airlines 737 MAX 9.U.S. District Judge Leonie Brinkema in Alexandria, Virginia, said shareholders led by Rhode Island’s state treasurer who owned Boeing stoc ...

2025-03-08 19:14:33
Brazil’s Petrobras to pay $283 million to settle U.S. court dispute with EIG

Brazil’s Petrobras to pay $283 million to settle U.S. court dispute with EIG

SAO PAULO (Reuters) - Brazilian state-run oil firm Petrobras said on Friday its board approved an agreement to settle a U.S. court dispute with EIG Energy Fund XIV, including a $283 million payment by the Brazilian company.In a securities filing, Petrobras said the amount of the contingency is provisioned in its earnings. The case is related to EIG’s investment in FIP Sondas, a former shareholde ...

2025-03-08 19:13:34
Crypto leaders meet at Trump’s summit with strategic reserve in focus

Crypto leaders meet at Trump’s summit with strategic reserve in focus

By Nandita Bose, Suzanne McGee and Michelle Conlin(Reuters) -U.S. President Donald Trump wooed the cryptocurrency industry’s elite at the White House on Friday, hosting a first-of-its-kind summit focused on his plans for a government-owned stockpile of digital assets.Trump welcomed a wide range of industry players including Zach Witkoff, one of the founders of the president’s own crypto busine ...

2025-03-08 19:12:25
Trump appoints anchors Laura Ingraham, Maria Bartiromo to Kennedy Center board

Trump appoints anchors Laura Ingraham, Maria Bartiromo to Kennedy Center board

By Kanishka SinghWASHINGTON (Reuters) - U.S. President Donald Trump said on Friday he was appointing Fox News host Laura Ingraham and Fox Business anchor Maria Bartiromo to the board of the John F. Kennedy Center for the Performing Arts.In February, weeks after taking office, Trump fired the center’s president, replaced the board of trustees and named himself chairman of the organization.The mov ...

2025-03-08 19:11:08