Washington

Boeing Co. (NYSE: BA) announced Thursday the resumption in manufacturing of all its commercial aircraft, in a phased manner, at its Puget Sound-region facilities from next week. What Happened Boeing expects approximately 27,000 workers at its Puget Sound facilities to resume production of all...

The United States stock market is set to hit another low on Monday as futures contracts plummeted in Sunday's off-hours session. Coronavirus Fears Rise, Oil War The market pessimism comes as the number of novel coronavirus (COVID-19) cases continue to rise globally. In the U.S., the number of...

California Governor Gavin Newsom has declared an emergency after a person died of coronavirus, and 53 others became infected in the state. What Happened An elderly person in Placer County has become the first fatality of the Covid-19 virus in California.  The deceased had been aboard...

The state of Washington confirmed its second death from the novel coronavirus (COVID-19) on Sunday. Possible Community Outbreak in Washington The deceased was a man in his 70s with underlying health issues hospitalized at EvergreenHealth in Kirkland, King County officials said in a statement. He...

The U.S. government is pressing a Taiwanese chipmaker to manufacture chips in the United States. What Happened Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), one of the world's top contract chipmakers, is under mounting pressure from the Trump administration to make chips...

Officially, Internal Revenue Service Commissioner John Koskinen said the organization was able and willing to enforce the insurance mandate under the Patient Protection and Affordable Care Act, but needs additional funding to better meet its obligations. The likelihood of that additional funding...

The battle is joined, as they say. DirectTV (NASDAQ: DTV) CEO, Mike White has stated his position regarding the proposed merger between cable companies Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC). That position, as might be expected, is a negative one. On a conference call...

Setting a precedent for the telecom industry, Verizon (NYSE: VZ) said Thursday that beginning next year it would publish detailed reports on the number of government requests it receives for customer data, according to The Associated Press. Verizon said it would publish its first report online...

Activist investor Bill Ackman believes Herbalife (NYSE: HLF) is a pyramid scheme. He has said so and backed it up with a $1 billion short position. Some Hispanic organizations agree with Ackman’s assessment and have urged state attorney generals to take action against the company. Brent Wilkes...

With the director of the Office of Management and Budget, Sylvia Burwell, refusing to guarantee that the Obamacare website would be completely working by December 15, the pressure is on. So far the Obama administration’s best response has been to announce a “tech surge” involving the “best and...

Washington isn’t doing Wall Street any favors. Between the government shutdown, debt ceiling bickering, and a whole lot of press conferences with enough drama to keep up with the Kardashians, investors are running scared. The S&P 500 is only down about 2.3 percent since the government shut...

Don’t know how to play the government shutdown? If you’re the type that trades on history, you buy it. You go all-in; you think of it the same way Carl Icahn thinks of Apple (NASDAQ: AAPL)—as a no-brainer because history shows that government shutdowns are great for your portfolio! You...

There’s a new wrinkle in the ongoing battle between the U.S. Justice Department and two airlines seeking a merger. In a joint document, filed Wednesday, American Airlines (OTC: AAMRQ), US Airways (NYSE: LCC), and the USDOJ said they were open to finding a solution to the merger question,...

With the deadline approaching for Congress to avert the looming sequester, the markets seem to be shrugging their shoulders at the situation. If lawmakers cannot reach a deal, severe cuts to the federal budget will come into effect starting March 1st. Wall Street's indifference is well deserved...