United 777 plane that dropped engine parts was not due for fan blade inspection - NTSB

A United Airlines Boeing 777 plane with a Pratt & Whitney engine that failed on Feb. 20 had flown fewer than half the flights allowed by U.S. regulators between fan blade inspections, the National Transportation Safety Board (NTSB) confirmed on Friday.

Wall Street surges on jobs data, global equity markets regain ground

Wall Street and a gauge of global equity markets on Friday recovered from earlier losses as investors took stock of a report that showed faster-than-expected U.S. jobs growth but which had previously stoked inflation concerns.

Boeing unveils new executive performance metrics tied to product safety

Boeing Co's board on Friday unveiled new performance metrics for executives tied to product safety and quality, following fatal 737 MAX crashes related to design defects and as it wrestles with repairs to flawed 787 Dreamliner jets.

Led by tech, Wall Street rebounds at end of volatile week

Wall Street surged in volatile trading on Friday, with the Nasdaq rebounding at the end of a week that saw it extend losses to about 10% from its previous record high.

Geico must face lawsuit claiming it overcharged on car insurance during pandemic: judge

The auto insurer Geico Corp, a unit of Warren Buffett's Berkshire Hathaway Inc, must face a proposed class action claiming it overcharged policyholders as the coronavirus pandemic led to less driving and fewer accidents, a judge has ruled.

'No sense of job security': Amazon union organizers tell lawmakers in Alabama

A group of U.S. lawmakers visited an Amazon facility in Alabama on Friday to lend support to a growing push to unionize its workers, in what labor leaders and lawmakers called one of the most important union elections in United States history.

Competitive Texas power market hindered winter storm prep - Shell

Arguments that Texas should have "winterized" its electricity generators in anticipation of rare, inclement weather ignore the competitive nature of the Lone Star State's power system, a Royal Dutch Shell Plc executive said on Friday at an energy conference.

Ford rejects U.S. ITC criticism over SK Innovation battery deals

Ford Motor Co on Friday dismissed criticism from the U.S. International Trade Commission over its decision to pursue battery contracts with SK Innovation.

Nasdaq slump badly bruises Wall St's most loved stocks

Thursday's Nasdaq slump briefly saw it down more than 10% from last month's record high, on the cusp of what investors consider a correction and marking the second drop of such a magnitude since September, with many of Wall Street's most loved stocks slammed hardest.

Oil surges after OPEC+ hold cuts, strong U.S. jobs growth

Oil prices jumped about 3% on Friday, hitting their highest levels in more than a year, following a stronger-than-expected U.S. jobs report and decision by OPEC and its allies not to increase supply in April.

Bostic says Fed will support U.S. economy as long as necessary

The U.S. economy is still under "considerable distress" and the Federal Reserve will continue to provide support until the labor market is stronger and average inflation is on track to meet the U.S. central bank's long term target, Atlanta Fed President Raphael Bostic said on Friday.

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