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What Else is Brewing Today...


  • Boeing (-2.34% after hours) will cut monthly production of its 737 Max jet by almost 20%. It’ll also appoint a new board committee to oversee new plane development.
  • Samsung reported its worst operating profit drop in more than four years on account of slowing smartphone sales and lower chip prices.
  • David Malpass, a former Bear Stearns economist, has been unanimously approved as the next president of the World Bank.
  • Deutsche Bank (-1.76%) is reportedly open to revamping its struggling U.S. investment banking operations in a possible Commerzbank merger, per Reuters.

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4 comments:

  1. A lot is brewing today! Very hot and interesting topics. Talk about a new world bank president! I'll just go ahead and read deeper about these.

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  2. Huh?! Boeing will cut monthly production of a jet by almost 20% and appoint a new board committee to oversee new plane development? Well, that's kinda new to me! Not sure I have experienced or heard such in recent times. Hope it's for good though.

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  3. So unfortunate Samsung having profit drop in more than four years on account of slowing smartphone sales and lower chip prices. I'm not sure how great the idea was in the first place but I'm believing it will still get better.

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  4. Yay! David Malpas seems to me to be the best person for this right now and I'm not surprised that he has been unanimously approved as the next president of the World Bank. It's the best thing coming up right now.

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