Year: 2019

Pfizer Inc said on Thursday it has named former U.S. Food and Drug Administration Commissioner Scott Gottlieb to its board of directors, effective immediately.

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Twitter Inc said on Thursday it would identify and deemphasize tweets that broke its rules but came from important sources such as politicians, in order to strike a balance between free expression and accountability.

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Boeing Co is hoping to win regulatory approval for its revamped 737 MAX by October at the earliest, a company official said on Thursday, meaning that airlines will have to again extend flight cancellations as they await the return of the grounded jet.

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U.S. President Donald Trump has agreed to no preconditions for his high-stakes meeting with Chinese President Xi Jinping this weekend and is maintaining his threat to impose new tariffs on Chinese goods, White House economic adviser Larry Kudlow said on Thursday.

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Nike Inc missed analysts’ estimates for quarterly profit on Thursday, as the world’s largest sportswear maker spent more on marketing and new product launches.

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The S&P 500 and the Nasdaq closed higher in a broad-based rally on Thursday as investors looked to the G20 summit in Osaka, Japan this weekend for progress in the long-running U.S.-China trade dispute, which has whipsawed markets for months.

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Global equity markets gained and the dollar held steady on Thursday ahead of the G20 summit where a scheduled meeting of U.S. President Donald Trump and Chinese President Xi Jinping has stirred hopes that trade tensions could ease.

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Nike Inc beat analysts’ estimates for quarterly revenue on Thursday, as more customers shopped through its app and website.

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Mitsubishi Heavy Industries Ltd, is weighing the creation of a new engineering design center in Montreal, a source familiar with the matter told Reuters, in a move fueled by the company’s planned acquisition of Bombardier’s CRJ regional jet business.

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Boeing Co now thinks it will complete the latest software update for the grounded 737 Max by September after new issue arose last week during a simulator test, a Boeing official said on Thursday.

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The S&P 500 and the Nasdaq closed higher after a broad-based rally on Thursday as investors looked to the G20 summit in Osaka, Japan this weekend for progress in the long-running U.S.-China trade dispute, which has whipsawed markets for months.

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Shares in Sinclair Broadcast Group Inc fell by 1.6% after the U.S. Federal Communications Commission disclosed it has opened an investigation into whether the company misled the agency in its failed effort to win approval for a $3.9 billion bid to purchase Tribune Media Co .

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Oil prices edged higher on Thursday on expectations that OPEC will extend an output cut agreement, while investors awaited a meeting between the United States and China that could produce a breakthrough on trade talks.

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Global equity markets gained and the dollar held steady on Thursday ahead of the G20 summit where a much-anticipated meeting of U.S. President Donald Trump and Chinese President Xi Jinping may lead to a truce in the U.S.-China trade war.

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Twitter Inc said on Thursday it would identify and deemphasize tweets that broke its rules but came from important sources, such as politicians, in order to strike a balance between free expression and accountability.

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