Efforts to Improve the F-35's Reliability Have Stalled, Pentagon Told

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Efforts to Improve the F-35's Reliability Have Stalled, Pentagon Told

The F-35 section, obtained by Bloomberg News, outlined the status of the costliest U.S. weapons system as it's scheduled to end its 16-year-old development phase this year. Starting in September, the program is scheduled to proceed to intense combat testing that's likely to take a year, an exercise
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Senate Confirms Jerome H. Powell as Fed Chairman

WASHINGTON – Jerome H. Powell sailed to Senate confirmation on Tuesday to become the 16th chairman of the Federal Reserve with a final vote of 84 to 13.
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Federal transportation-safety officials will investigate Tesla Model S crash blamed on Autopilot technology

The US National Transportation Safety Board said it was sending two investigators to examine the crash of a Tesla Model S apparently traveling in semi-autonomous mode; This is the second time the safety board has probed a Tesla crash that may be linked …
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HNA Seeks Investors for Hong Kong Property

HNA is seeking minimum commitments of $1 million per investor for a fund whose underlying assets will consist of the plots, according to a marketing document seen by Bloomberg. The fund has two investment classes: the first has a two-year term with annual returns of 9 percent plus 5 percent of any
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Verizon earnings: 86 cents a share, vs. 88 cents EPS expected

Expected savings from tax reform will add $3.5 billion to $4 billion to its operating cash flow this year. Anita Balakrishnan | @MsABalakrishnan.
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