National Business News

Boeing puts 737 Max tab at $1B Boeing is already estimating a $1 billion increase in costs related to its troubled 737 Max and has pulled its forecast of 2019 earnings because of uncertainty ... by Compiled by Democrat-Gazette staff from wire reports - April 25, 2019

Ford to invest $500M in startup Ford Motor Co. has agreed to invest $500 million in Rivian, an electric-vehicle startup that is widely seen as a potential rival to Tesla, Ford announced Wednes... by NEAL E. BOUDETTE THE NEW YORK TIMES - April 25, 2019

AT&T reports TV-customer loss AT&T lost more than half a million TV customers and about 83,000 subscribers to its streaming DirecTV Now service in the first three months of this year, the co... by Compiled by Democrat-Gazette staff from wire reports - April 25, 2019

Eatery name raises Delaware dispute Delaware officials won't allow the restaurant chain Illegal Pete's to convert to a limited liability company in the state because the company's name has "a neg... by THE ASSOCIATED PRESS - April 25, 2019

Stocks retreat from record highs U.S. stocks closed slightly lower Wednesday as the market gave back some of its gains a day after the S&P 500 and Nasdaq hit record highs. by ALEX VEIGA THE ASSOCIATED PRESS - April 25, 2019

Earnings report Companies reporting quarterly earnings Wednesday included: April 25, 2019

Tesla posts $702M first-quarter loss Tesla posted a $702.1 million net loss in the first quarter as sales of its electric cars slumped and demand appeared to be waning. April 25, 2019

Boeing's troubled jet will cost $1 billion to fix Boeing estimates that it will spend $1 billion to fix the 737 Max and has pulled its forecast of 2019 earnings because of uncertainty surrounding the jetliner, ... by DAVID KOENIG AP Airlines Writer - April 24, 2019

S&P, Nasdaq indexes hit record highs The S&P 500 hit a record high Tuesday, marking the stock market's recovery from a nosedive at the end of last year. by DAMIAN J. TROISE AND ALEX VEIGA THE ASSOCIATED PRESS - April 24, 2019

New-home sales jump in March Sales of new U.S. homes rose in March to a 16-month high, with a third-straight increase that reflects a boost from lower borrowing costs. by Compiled by Democrat-Gazette staff from wire reports - April 24, 2019

Cattle buyers target of suit Cattle ranchers in Montana are suing a handful of meatpackers, alleging the meatpackers violated U.S. antitrust laws to beef up their margins. by Nathan Owens - April 24, 2019

Stores test shelf cameras to gather data New technology being trotted out to retailers uses cameras to try to guess shoppers' age, sex or mood as they walk past store shelves. The intent is to use the ... by JOSEPH PISANI THE ASSOCIATED PRESS - April 24, 2019

Inquiry on failing air bags expands U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles because the bags may not inflat... by TOM KRISHER THE ASSOCIATED PRESS - April 24, 2019

Google spinoff wins FAA approval for drone deliveries An offshoot of Alphabet Inc.'s Google has become the first drone operator to receive government approval as an airline, a step that gives it the legal authority... by Compiled by Democrat-Gazette staff from wire reports - April 24, 2019

Founder of H&R Block dies at 96 After returning from military service in World War II, 24-year-old Henry Bloch started a two-man bookkeeping shop in his home town of Kansas City, Mo., that off... by MEGAN MCDONOUGH THE WASHINGTON POST - April 24, 2019