Boeing making new 737 MAX software updates to address computer issue

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WASHINGTON (Reuters) – Boeing Co (BA.N) said late on Tuesday it will make two new software updates to the 737 MAX’s flight control computer as it works to win regulatory approval to resume flights after the jet was grounded following two fatal crashes in five months.

FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, U.S. July 1, 2019. REUTERS/Lindsey Wasson/File Photo

The planemaker confirmed to Reuters that one issue involves hypothetical faults in the flight control computer microprocessor, which could potentially lead to a loss of

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DocuSign CEO Dan Springer on the activity trends among its customers

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DocuSign CEO Dan Springer said Tuesday the company has not noticed a decline in activity among its clients in the real estate industry despite the economic shock from the coronavirus. 

“Real estate is an interesting one because while a lot of people are concerned there is going to be a slowdown, we haven’t yet seen that at DocuSign,” Springer said on CNBC’s “Fast Money.”

Stay-at-home orders across the U.S., as well as the general economic uncertainty brought the COVID-19 outbreak, has made real estate a vulnerable sector. Real estate sales in New York City, for example, experienced a steep decline

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White House looks to bolster small business lending program

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WASHINGTON (Reuters) – The White House hopes Congress will nearly double the size of its program to support ailing small businesses by the end of the week, as some of the nation’s largest lenders still sit on the sidelines and others remain unable to access the system.

FILE PHOTO: The U.S. Capitol Building as seen ahead of a vote on the coronavirus (COVID-19) relief bill on Capitol Hill in Washington, U.S., March 25, 2020. REUTERS/Tom Brenner

U.S. President Donald Trump said the administration will seek another $250 billion on top of the $350 billion of funds granted by Congress last

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Expect gradual, ‘U’ shape economic rebound from coronavirus

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CNBC’s Jim Cramer on Tuesday suggested investors take advantage of the recent market upside to sell some stock and build up some cash for the next dip.

“Without a V-shaped recovery, you have to be skeptical of these big moves higher,” the “Mad Money” host said. “Because in a U-shaped recovery I’m expecting, the stock market will pull back again and that is when you can put some money to work.”

A V-shaped recovery happens when a quick decline in economic activity is met by an abrupt rebound in activity, while a U-shaped recovery is one where the economy gradually

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