Exactly three hours ago the tech and ecommerce giant got hit with a new lawsuit from the federal trade commission and 17 state attorneys general. They are accusing amazon of using its market power to inflate prices, overcharge third theparty sellers and for using strong arm tack tactics to maintain its monopoly. The suit comes after a 4year probe into alleged monopolistic moves by amazon. So its actually affecting the Broader Market here. The stock is driving the nasdaq 100 lower. Right now we have got the nasdaq down about 209 points or 1. 5 . It is among the worst performers on the index. Siriusxm on semiconductor cin actioner cintas joining amazon on the biggest laggards list. The that major indices head for their fifth if fifth fifth down day over the last six. If you look at the dow, it is down 403 points, thats at the low concern below its 200day moving average. Microsoft, goldman sachs, caterpillar and United Health care account for onethird of the dows losses. Apple is in the w
Of a 737 max plane shortly after take off. And a preliminary investigation revealed the door was missing four bolts. The ntsb chair reiterated to Congress Last week that boeing has said there are no records documenting the removal of the Alaska Airlines door. Im not going to sugar coat this. This is a criminal cover up. Records do, in fact, exist. I know this because ive personally passed them to the fbi. Boeing, which is one of the worlds two major producers of commercial planes, insists its jets are safe. As for its culture, in a statement to the bbc, boeing said it was taking steps to foster a Safety Culture that empowers and encourages all employees to raise their voices. It said retaliation was strictly prohibited. The plane makers ceo, david calhoun, didnt appear today, but Lawmakers Said they expect him to testify in the future. United Airlines Says it will receive compensation from boeing over the grounding of it 737 max 8 planes. United did not specify the amount it will recei
Another boeing engineer, ed pierson, accused the plane maker of a criminal cover up after a door blew out of a 737 max plane shortly after take off. And a preliminary investigation revealed the door was missing four bolts. The ntsb chair reiterated to Congress Last week that boeing has said there are no records documenting the removal of the Alaska Airlines door. Im not going to sugar coat this. This is a criminal cover up. Records do, in fact, exist. I know this because ive personally passed them to the fbi. Boeing, which is one of the worlds two major producers of commercial planes, insists its jets are safe. As for its culture, in a statement to the bbc, boeing said it was taking steps to foster a Safety Culture that empowers and encourages all employees to raise their voices. It said retaliation was strictly prohibited. The plane makers ceo, david calhoun, didnt appear today, but Lawmakers Said they expect him to testify in the future. United Airlines Says it will receive compensat
Out of a 737 max plane shortly after take off. And a preliminary investigation revealed the door was missing four bolts. The ntsb chair reiterated to Congress Last week that boeing has said there are no records documenting the removal of the Alaska Airlines door. Im not going to sugar coat this. This is a criminal cover up. Records do, in fact, exist. I know this because ive personally passed them to the fbi. Boeing, which is one of the worlds two major producers of commercial planes, insists its jets are safe. As for its culture, in a statement to the bbc, boeing said it was taking steps to foster a Safety Culture that empowers and encourages all employees to raise their voices. It said retaliation was strictly prohibited. The plane maker ceo, david calhoun, didnt appear today, but Lawmakers Said they expect him to testify in the future. Us President Joe Biden has called for sharply higher tariffs on steel and aluminium imports from china. Hes expected to propose raising the rate from
the hospital in a mission co ordinated with the israel defense forces to ensure safe passage and now, they are drawing up plans for a full evacuation of al shifa. hundreds of people had already left gaza city s main hospital, where the israeli military has been conducting raids this week. those fleeing the hospital include the sick, the injured, medical staff and people who had been sheltering at the facility, with some seen waving white flags. some medical staff claimed israeli forces ordered the evacuations something the israeli military denies. the who says there are about 291 patients remaining in the hospital with several deaths over the previous 2 3 days due to the shutting down of medical services. the patients include 32 babies in extremely critical condition, two people in intensive care without ventilation, and 22 dialysis patients whose access to lifesaving treatment the who says has been severely compromised. now, in israel, thousands of family members of the 24