UK crashes into deepest recession of any major economy

London (CNN Business) — UK economic output shrank by 20.4% in the second quarter of 2020, the worst quarterly slump on record, pushing the country into the deepest recession of any major global economy. This crash in GDP in the April-June period, compared with...

Boeing 737 MAX certification test flights to begin today

Boeing is slated to start a series of test flights Monday that could play an important role in returning its troubled 737 MAX jet to the skies, according to reports. The flights will reportedly help the Federal Aviation Administration determine whether Boeing has done...