Business & Finance News
U.S. President Donald Trump said on Thursday he hoped Boeing Co can figure out whatever problem might exist with its 737 MAX jetliners and that a U.S. decision to ground them would only have to be in place for a short time.
The Trump administration is discussing a thick tome of ideas with Chinese officials as the two sides seek a trade deal, with Washington expecting some elements to be resolved soon, a top administration official said.
The number of Americans filing applications for unemployment benefits increased more than expected last week, suggesting the labor market was slowing, but probably not to the extent implied by a near-stall in job growth in February.
Leading Russian banks are working on plans to help each other retain at least short-term access to the global financial system in the event that they are hit by fresh U.S. sanctions, sources familiar with the matter told Reuters.
The U.S. National Transportation Safety Board is sending three investigators to France Thursday to assist with the downloading and analysis of flight recorders from the Ethiopian Airlines Boeing 737 MAX 8 that crashed Sunday near Addis Ababa, Ethiopia killing 157 people.
U.S. stocks fell on Thursday weighed by concerns of a delay in trade talks between the United States and China, and data which showed a higher-than-expected fall in new home sales in January.
Facebook Inc struggled to restore its services fully on Thursday after a 17-hour partial outage made the world’s largest social network inaccessible to users across the globe, driving a wave of online complaints.
Abu Dhabi state investor Mubadala has suspended any new business dealings with Goldman Sachs since its subsidiary filed a lawsuit in November against the U.S. bank and others to recover losses suffered through its dealings with Malaysian state fund 1MDB.
U.S. stocks opened little changed on Thursday as a report that a meeting between President Donald Trump and China’s Xi Jinping will most likely be pushed to April at the earliest, clouded investor sentiment and offset a boost from Apple’s shares.
Audi will make greater use of vehicle platforms and technologies developed with Porsche and Volkswagen as it embarks on a 15 billion euro cost cutting and efficiency drive, Chief Executive Bram Schot said on Thursday.
“Warning: Don’t do anything stupid!” reads the sign to the right of Rick Haas’ office computer.
There are encouraging signs that European planemaker Airbus is closing in on a long-negotiated deal with China for dozens of new narrow-body jets, an aide to French President Emmanuel Macron said on Thursday.
Dollar General Corp forecast 2019 profit below analysts’ expectations on Thursday as the discount retailer ramps up spending on stores to pull in more customers, sending its shares down more than 7 percent.
Investigators in France took possession of the crashed Ethiopian Airlines jet’s black boxes on Thursday, seeking clues into a disaster that has grounded Boeing’s global 737 MAX fleet and left scores of families mourning and angry.
Romania’s Blue Air will take a decision on its order for 12 Boeing 737 MAX 8 jets only after an investigation into a fatal crash of one of the planes in Ethiopia at the weekend, CEO Marius Puiu told Reuters.
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