By Timothy Gardner, Leah Douglas and Nathan Layne WASHINGTON (Reuters) -The campaign by President Donald Trump and his adviser Elon Musk to radically cut back the U.S. bureaucracy spread on Friday, firing more than 9,500 workers who handled everything from managing federal lands to caring for military veterans. Workers at the departments of Interior, Energy, Veterans Affairs, Agriculture and Heal ...
Investing.com -- The dot com bubble of the late 1990s was a period of extraordinary growth and speculation in technology stocks, culminating in a dramatic crash in early 2000. In a report published Monday, Deutsche Bank (ETR:DBKGn) offered a detailed breakdown of the events that led to the bubble’s burst and its aftermath. One of the most striking aspects of the dot com crash was the lack of ...
By Kanishka Singh WASHINGTON (Reuters) -Boeing CEO Kelly Ortberg will testify on April 2 before the U.S. Senate Commerce Committee, the panel's chair, Republican Senator Ted Cruz, said on Friday. The hearing will examine the steps taken at Boeing (NYSE:BA) to address its production and safety issues following an Alaska Airlines Flight 1282 incident last year and a Federal Aviation Administration ...
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) - French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite from wealthy consumers for its most expensive items including Birkin bags, which cost upwards of $10,000. Posting quarterly sales up by around 18%, Hermes continues to outshine rivals like LVMH and Kering-owned Gucci a ...