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Amazon this week challenged the investigation in a court in Bengaluru and the court has granted a stay of two months, according to a lawyer from P&A Law Offices representing Amazon and two other legal counsels involved in the matter.
“The health of IBMers is our primary concern as we continue to monitor upcoming events and travel relative to Novel Coronavirus (COVID-19)”, the company said in a tweet here
The MSCI Emerging Markets Index .MSCIEF, which measures stock performance, has rebounded 4% from its early February low, though it remains down on the year. Another index measuring emerging markets currency performance .MIEM00000CUS was still sharply lower, reflecting the slide in a range of currencies from Asia to Latin America.
The FAA confirmed Friday it had received a proposal from the planemaker regarding the wiring issue.
Deputy USTR Jeffrey Gerrish will head the new office, which will field complaints about China’s implementation of the agreement from companies and other interested parties, the agency said in a statement.
But a CNBC report that the Trump administration could introduce a tax incentive for people earning less than $200,000 to invest up to $10,000 in U.S. stocks gave the markets a late boost.
American is cancelling 737 MAX flights until Aug. 18 and United until Sept. 4, the two said in separate statements on Friday. The other U.S. 737 MAX operator, Southwest Airlines Co (LUV.N), has extended its flight cancellations until Aug. 10.
The move comes ahead of a shareholder vote later this month to approve Hudson’s Bay Executive Chairman Richard Baker’s C$2 billion ($1.51 billion) bid to take the retailer private. As a private company, Hudson’s Bay will be able to invest in its business without facing scrutiny from public shareholders.
Wall Street climbed late in the session following a CNBC report, citing sources, that the White House was considering a tax incentive for Americans to buy stocks.
Corbat’s total compensation included a base salary of $1.5 million plus cash bonuses of about $6.75 million, equity awards of nearly $7.9 million, and a long-term performance based pay worth $7.9 million. (bit.ly/2uPC4Jd)
* Speeches by senators, which are limited to no more than 10 minutes and began on Monday, continue. Chief Justice John Roberts will not preside, as the Senate technically is hearing these speeches in a regular session and not a special impeachment trial session.