Oil prices gained nearly 1% on Thursday on hopes that the United States and China were close to reaching a deal on an ongoing trade dispute that has raised concerns about global demand for crude.
Boeing Co has delayed plans to reach a record production rate of 57 737 jets per month next year, industry sources said on Thursday, even before the U.S. FAA announced a new delay in the 737 MAX return to service that raised uncertainty over production plans.
The United States has offered to cut existing tariffs on Chinese goods by as much as 50% and suspend new tariffs scheduled to go into effect on Sunday in an attempt to secure a “Phase One” trade deal.
The United States has reached a “phase-one” trade deal in principle with China, a source briefed on talks between the two nations said on Thursday, saying a statement from the White House was expected soon.
Southwest Airlines Co said on Thursday it had reached a confidential compensation agreement with Boeing Co for a portion of a projected $830 million hit to operating income in 2019 arising from the grounding of its 737 MAX aircraft.
(Bloomberg Opinion) — Looked at one way, Gavin Newsom’s dilemma is actually quite enviable. Choosing which hedge fund you get to disappoint is something many would relish. But the California governor finds himself boxed in on determining what happens next with bankrupt utility PG&E Corp.Newsom must decide whether to support the company’s latest plan to emerge from chapter 11, which includes a revised $13.5 billion settlement agreed last week with wildfire victims. Having also settled with insurance firms for $11 billion and local governments for $1 billion, PG&E has effectively tightened pressure on one of the last remaining stakeholders — …read more […]
The company has several catalysts that could indicate future prosperity, and gold is supportive Continue reading… …read more […]
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John Morikis became the CEO of The Sherwin-Williams Company (NYSE:SHW) in 2016. This report will, first, examine the… …read more […]
U.S. stocks hit record highs on Thursday after President Donald Trump tweeted that Washington was “very close” to a trade deal with Beijing and on a report that U.S. trade negotiators had offered to cancel a new round of tariffs on Chinese goods.
Federal Aviation Administration chief Steve Dickson, who will meet with Boeing Co’s chief executive later on Thursday, is concerned the U.S. airplane maker is pursuing a return-to-service schedule for the grounded 737 MAX that is “not realistic,” according to an email seen by Reuters.
Oil prices rose more than 1% on Thursday after U.S. President Donald Trump said Washington was “very close” to nailing down a trade deal with China.
Federal Aviation Administration chief Steve Dickson, who will meet with Boeing Co’s chief executive later on Thursday, is concerned the U.S. airplane maker is pursuing a return-to-service schedule for the grounded 737 MAX that is “not realistic,” according to an email seen by Reuters. Dickson will hold talks with CEO Dennis Muilenburg on the agency’s review of the plane that was grounded in March after two fatal crashes in five months. The meeting comes a month after Boeing asserted it expected the agency would allow it to begin deliveries again in December. …read more […]
As we round the corner on the current decade, investors are laser focused on the market, trying to determine what’s in the cards for stocks as we make our way into 2020. However, the U.S. presidential election as well as the slowing pace of buybacks and economic growth in the U.S. add up to expected volatility in the year ahead.Against this backdrop, investing titan Howard Marks believes the economy isn’t in a bubble, but he advises that investors take some caution. “The economic expansion and the bull market are old. Valuations are above average. There’s a lot of uncertainty in …read more […]
The United States has offered to cut existing tariffs on Chinese goods by as much as 50% and suspend new tariffs expected to go into effect Sunday in an attempt to secure a “Phase One” trade deal.
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