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Boeing will halt production of the 737 MAX in January, without any layoffs, as the grounding of the planemaker's best-selling jet after two deadly crashes looks to extend well into 2020. Conway G. Gittens has the update. Read more at : http://www.reuters.com/video/2019/12/17/boeing-halts-production-of-737-max?videoId=643188059&feedType=VideoRSS&feedName=Business&videoChannel=5
CVS Health knocked $7 bln off its market value with a profit warning less than three months after buying Aetna. Rob Cyran says the deal should eventually help the company cut costs and grow, but reduced pricing power in U.S. healthcare is inflicting pain in the short term. ...
A Japanese court on Sunday extended for 10 days the detention of ousted Nissan Motor Co chairman Carlos Ghosn, who is facing new allegations of making the car maker shoulder $16.6 million in personal investment losses. Saskia O'Donoghue reports Read more at : http://feeds.reuters.com/~r/reuters/USVideoBusiness/~3/5dxaU4WG29Y/japan-court-extends-ghosn-detention
More evidence has emerged of tough times for the auto sector following weak numbers at Ford, Nissan and Tesla. But Volkswagen is defying the gloom with a big jump in earnings. Julian Satterthwaite reports. Read more at : http://feeds.reuters.com/~r/reuters/USVideoBusiness/~3/MbQvoRGsapA/earnings-tumble-at-automakers-but-vw-def
Boeing CEO Dennis Muilenberg told a leadership conference the airplane maker is on the road to getting its 737 MAX back in the air as two-thirds of its customers have tried out a software fix linked to a glitch that caused two plane crashes in five months. ...
The S&P 500 rose above its record closing high in Friday trading. But Multivariate's Max Wolff tells Reuters' Fred Katayama why he thinks stocks will struggle to keep the rally alive. He also gives his take on the week ahead: Fed meeting, October jobs report, and results from Apple...

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