00:00As investors navigate an increasingly uncertain market environment,
00:04corporate earnings and company updates remain key indicators of business, health and future prospects.
00:11Here's a round-out of the latest corporate development from day of night
00:14that could help shape your investment decision today.
00:18Boeing CEO Kelly Orbus said on Wednesday it is taking longer than expected
00:23to stabilise the 737 MAX production rate at 47 jets a month.
00:27He also downplayed expectations that China would announce a large jetliner order
00:33during a political summit next week.
00:35Boeing's share price dropped about 2.5% immediately after his comments.
00:40The price was down 4.5% for the day.
00:43Increasing output of the popular single-aisle jetliner is critical to the company's financial recovery
00:48after years of crisis that have left it with nearly $26 billion in net debt and bruised reputation.
00:56Amazon.com is raising the minimum hourly pay for its eligible full-time U.S. operations workers
01:01by $1 to $20, the e-commerce and cloud giant said on Wednesday.
01:06The company also unveiled a new benefit, Day One Financial,
01:10giving qualified employees and their families lifetime access to low-cost banking services
01:15through First Tech Federal Credit Union.
01:17Amazon already offers benefits such as healthcare coverage for as little as $5 per week,
01:23a free prime membership and prepaid education programmes.
01:27The average total compensation will now exceed $32 per hour,
01:31including the value of its benefits package, the company said.
01:35Hourly pay for Walmart's U.S. workers starts at $14,
01:38while Target offers a minimum hourly wage of $15, according to their websites.
01:43Last year, Costco raised its minimum wage for entry-level workers to $20 an hour,
01:49according to its annual report.
01:52A federal judge said Google should appoint an internal antitrust compliance officer
01:56and make other changes to its advertising technology business,
02:00even though the Alphabet Unit does not need to break up that business.
02:03U.S. District Judge Leonie Brinkerma in Alexandria, Virginia,
02:07gave her assessment in an opinion unsealed on Wednesday,
02:10two weeks after she rejected the U.S. Department of Justice's demand for a breakup.
02:15She had given both sides 14 days to seek reductions of confidential information.
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