US / Canada – Page 7 – PressClub World

24. 10. 2019 No Responses

Gulfstream introduces the G700 as the new flagship of its business jet family

Gulfstream is now (again) gunning for bragging rights to the world’s biggest private jet, according to Bloomberg. Gulfstream’s G650 was unseated as the world’s largest luxury jet by Bombardier’s Global 7500 last year. But now, Gulfstream’s new G700, a roomier version...

23. 10. 2019 No Responses

Boeing Revenue Tumbles 20%

Boeing Revenue Tumbles 20% As Cash Burn Soars Most In 9 Years; 787 Production Throttled. One of the busiest days of Q3 earnings season is quickly turning into a nightmare for corporate America, as first CAT stunned markets by slashing...

21. 10. 2019 No Responses

Asset Bubbles No Longer Work As A Cure For Growth

If there was one message that resonated from the IMF meetings, it was that what we are doing isn’t working. Acknowledging that fact is every bit as important as the forecasts of dour prospects for global growth and the risks of excess leverage. You...

18. 10. 2019 No Responses

Sanofi recalls popular heartburn drug Zantac as FDA investigates probable carcinogen

Sanofi said Friday it will recall the widely-used heartburn drug Zantac from stores in the United States and Canada as the drugmaker and Food and Drug Administration investigate a probable carcinogen detected in the drug. The FDA last month said it...

16. 10. 2019 No Responses

Dennis Muilenburg Out as Boeing Chairman

Aviation Week & Space Technology “Person of The Year” Dennis Muilenburg Out as Boeing Chairman, Remains CEO. Because sheer madness has captured many airlines that had to ground a number of Boeing 737 MAX planes for an unknown period of time ...

9. 10. 2019 No Responses

Vietnam & Mexico biggest winners from US-China trade war

US imports from its largest supplier China have slumped by 12.5 percent due to the ongoing trade war. Meanwhile, Vietnam and Mexico have been filling this gap with massive import increases. According to the latest report by the US-based Census...

8. 10. 2019 No Responses

US Army selects a new generation of assault rifles and light machine guns

The US Army has selected three companies to design Next Generation Squad Weapon (NGSW) prototype variants. The US Army announced that it has awarded Textron Systems, General Dynamics Ordnance and Tactical Systems, and SIG Sauer with NGSW prototype contracts th...

3. 10. 2019 No Responses

Detroit 3 and Japan 3 tumbled heavily

The biggest Asian automakers recorded double-digit sales declines and estimates for the Detroit 3 showed double-digit drops as well. Ford Motor Co. posted a 12 percent drop for the month, according to Data Center estimates. Ford F-series sales dropped 13...

30. 9. 2019 No Responses

Obsolete UH-1 Replacement Boeing MH-139 Helo to Start Testing in December

The Air Force will receive its first MH-139 helicopter for testing in December, as it enters the next phase of the $2.4 billion effort to replace the obsolete Vietnam-era UH-1N Hueys, the head of Air Force Global Strike Command said...

28. 9. 2019 No Responses

The Average American Household Income Is Unchanged In 30 Years

The Average American’s Income Is Unchanged In 30 Years. While The “1%” Have Soared. According to the latest Census Bureau figures released this month, real American incomes remained essentially flat in 2018 after three straight years of growt...

27. 9. 2019 No Responses

Endeavor Pulls IPO After Peloton’s Fiasco

Endeavor became the second big casualty of the IPO market’s recent chill after WeWork’s parent company pulled its offering earlier this month. It is the second time Endeavor has hit the brakes on its IPO this year. Part of the reason Endeavor...

26. 9. 2019 No Responses

US Shale In A State Of Stall – CapEx Collapse Imminent

The financial stress sweeping over the U.S. shale sector has led to a sharp contraction in activity. Oil and gas activity in Texas and parts of New Mexico declined in the third quarter, with the Dallas Fed’s business activity index reporting...

20. 9. 2019 No Responses

Airbnb plans to go public in 2020

Airbnb has put to rest speculation about the timing of its IPO. The vacation rental company today took the rare step of announcing in a press release that it plans to go public next year, in 2020. The startup, which...

13. 9. 2019 No Responses

WeWork Valuation Crashes From $47 Billion To As Low As $10 Billion

The We Company’s underwriters must be having serious trouble securing orders for WeWork’s planned IPO, because in what is at least the fourth reported downgrade to the company’s valuation in less than 10 days, Reuters reports that the compa...

7. 9. 2019 No Responses

Heavy-Duty Truck Orders Collapsed 80% Y/Y

Production slashed, cancellation orders soar. New reports from the trucking industry show the transportation recession continues to gain momentum through the end of summer, likely to continue through 2019 into 1H20. The US trucking industry had a blockbuster...

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