Breaking News

Boeing to make safety feature standard on troubled Max jets

Boeing will make standard on its troubled new airliner a safety feature that might have helped the crew of a jet that crashed shortly after takeoff last year in Indonesia, killing everyone on board. The equipment, which had been offered as an option, alerts pilots of faulty information from key sensors. It will now be included on every 737 Max as part of changes that Boeing is rushing to complete on the jets by early next week, according to two people familiar with the changes. The people spoke on condition of anonymity because Boeing and federal regulators are still discussing ...

Trump blames Fed for holding back economic growth in ‘18

WASHINGTON (AP) — President Donald Trump says the economy would have grown much faster last year if the Federal Reserve had not been tightening credit last year. In a broadcast interview, Trump said without the Fed’s rate hikes last year and moves to trim its bond holdings, the economy, as measured by the gross domestic product, would have grown by over 4 percent. The GDP on an annualized basis grew by a solid 2.9 percent last year and when measured from the fourth quarter of 2017 to the fourth quarter of 2018, growth was an even stronger 3.1 percent. Trump’s comments came in ...

S&P 500 ends 2-day losing streak as tech leads stocks higher

Technology companies powered a broad rally for U.S. stocks Thursday, snapping the market’s two-day losing streak. Apple and chipmakers led the wave of buying, helping to drive the technology sector to an overall gain of 2.5 percent. The sector is up 21.1 percent this year so far, well ahead of the S&P 500's 10 other sectors. Retailers and industrial companies also notched solid gains, which easily offset losses in financial stocks. Levi Strauss soared as the storied jeans maker went public for the second time. The latest gains erased the market's modest losses from a day ...

Business Briefs for March 18

Fennell earns top honor for customer service Charles Fennell, an American Family Insurance agency owner in Marshall, has been recognized for providing an outstanding customer experience under the American Star Excellence in Customer Experience Certification Program. “An extraordinary customer experience is a top priority at American Family and our agency owners are a critical part of accomplishing that,” said Ann Hamilton, American Family Insurance customer experience vice president. “The select group of agency owners who have attained the American Star Excellence in Customer ...

End of an era

MARSHALL — Sure, when you think of Marshall Radio you think of the Linder Family Network, but you also might think of Brad Strootman and Joyce Holm Strootman. After playing an integral part of the Marshall radio scene for over 30 years, the Strootmans packed up decades of memorabilia and ...

US business groups encouraged by China legislation

WASHINGTON (AP) — U.S. business groups said Friday they are encouraged by China's approval of a new law that loosens restrictions on foreign investment and said it could help smooth the way to a substantive trade agreement between the two countries. China’s ceremonial legislature passed a measure Thursday seeking to prevent Chinese officials from forcing U.S. and other foreign companies to turn over proprietary technology, a key sticking point in the trade fight between the two countries. The U.S. has imposed tariffs on $250 billion worth of Chinese goods in an effort to force ...