Reuters Business News:
 
Google claims "quantum supremacy"; others say hold on a qubit
10/23/2019 10:04 AM
Google said on Wednesday it had achieved a breakthrough in computer research, by solving a complex problem in minutes with a so-called quantum computer that would take today"s most powerful supercomputer thousands of years to crack. Read More
 
Explainer: Google hails "quantum supremacy", but don"t chuck out your PC just yet
10/23/2019 10:04 AM
Researchers at Google say they have achieved "quantum supremacy", in which a computer harnessing the properties of sub-atomic particles did a far better job of solving a problem than the world"s most powerful supercomputer. ...Read More
 
Spirit Airlines close to agreeing major Airbus order: sources
10/23/2019 10:01 AM
U.S. budget carrier Spirit Airlines is close to agreeing a provisional deal to order as many as 100 single-aisle aircraft worth up to $12 billion at recent catalogue prices from Airbus , industry sources said. ...Read More
 
Boeing profit slumps 53% as MAX crisis deepens
10/23/2019 10:00 AM
Boeing Co cut production of its flagship Dreamliner and delayed the arrival of a successor to its 777 mini-jumbo, piling new pressures on a rejigged senior management team on Wednesday as the continued safety grounding of its 737 MAX sliced third quarter profits. Read More
 
Wall Street propped up by Apple, Boeing
10/23/2019 9:59 AM
Wall Street"s main indexes were propped up by a rise in shares of Boeing and Apple, but gains were capped as weak earnings from Caterpillar and Texas instruments raised concerns about the impact of the U.S.-China trade war on global growth. Read More
 
Head of international 737 MAX review, NTSB chair to testify before Senate
10/23/2019 9:49 AM
The chair of a panel of international regulators that harshly criticized the Federal Aviation Administration"s certification of the now grounded Boeing 737 MAX will testify Tuesday before a Senate committee, a statement from the committee showed. Read More
 
Zuckerberg faces grilling on Facebook"s ambitious digital currency plans
10/23/2019 9:44 AM
Facebook Inc chief executive Mark Zuckerberg will be grilled by lawmakers over the company"s plan to launch a digital currency and efforts to prevent foreign election interference when he appears before a Congressional panel on Wednesday. Read More
 
Kraft Heinz sees potential in baby food, will keep Plasmon
10/23/2019 9:32 AM
Global packaged food group Kraft Heinz Co will keep baby food line Plasmon and plans to leverage its "Made in Italy" credentials to expand the brand abroad, Kraft Heinz Co"s general manager for Italy said. ...Read More
 
SoftBank clinches WeWork takeover deal, bailing out co-founder
10/23/2019 9:29 AM
SoftBank Group agreed to spend more than $10 billion to take over WeWork on Tuesday, doubling down on an ill-fated investment and giving a near $1.7 billion payoff to the U.S. office-space sharing startup"s co-founder Adam Neumann to relinquish control. Read More
 
SoftBank adds to financial burden with $10 billion WeWork deal
10/23/2019 9:29 AM
SoftBank Group Corp"s financial strains escalated on Wednesday as it agreed to spend more than $10 billion to take over office-space sharing startup WeWork, knocking the Japanese tech conglomerate"s already weakened shares. ...Read More



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