American Airlines extends Boeing 737 MAX flight cancellations into June
American Airlines Group Inc will extend cancellations of Boeing Co 737 MAX flights through June 3 as the grounding threatens to impact a second busy U.S. summer travel season.
Stock rally stalls ahead of U.S.-China trade deal, oil gains
Equity markets traded little changed globally on Tuesday as investors awaited the signing of the China-U.S. trade deal, while oil prices rose on hopes the agreement will help revive the world’s sluggish economy.
Amazon boss Jeff Bezos arrives in India as local traders plan protests
Amazon.com Inc founder Jeff Bezos arrived in India on Tuesday, according to a post on his Twitter account, as thousands of small traders across 300 cities planned protests, claiming the firm is distorting local retail market.
BlackRock vows tougher stance on climate after activist heat
BlackRock Chief Executive Larry Fink warned company boards to step up efforts to tackle climate change, a significant shift by the world’s top asset manager as it faces mounting concerns about its fossil fuel investments.
U.S. consumer prices gain slightly; underlying inflation tame
U.S. consumer prices rose slightly in December even as households paid more for healthcare, and monthly underlying inflation slowed, supporting the Federal Reserve’s desire to keep interest rates unchanged at least through this year.
Former Stobart boss Tinkler dumps stake in company
Former boss and the fifth-largest shareholder of Stobart Group Ltd Andrew Tinkler dissolved his stake in the infrastructure and support services company, according to a regulatory filing on Tuesday.
Boeing net orders slump to lowest in decades
Boeing Co reported its worst annual net orders in decades on Tuesday, along with its lowest numbers for plane deliveries in 11 years, as the grounding of its 737 MAX jet saw it fall far behind main competitor Airbus .
U.S. Supreme Court tosses lower court ruling that allowed IBM retirement fund suit
The U.S. Supreme Court on Tuesday threw out a lower court ruling that allowed a lawsuit to proceed against managers of a retirement fund for IBM Corp employees centering on allegations that officials failed to disclose that IBM’s microelectronics busi…
Oil back in positive territory ahead of U.S.-China trade deal
Global oil benchmark Brent crude rose to more than $64.50, recovering from four days of declines on easing Middle East tensions, as the United States and China prepared to sign a preliminary trade deal.
SmileDirectClub jumps on plans to start selling aligners to dentists
Shares of SmileDirectClub Inc rose 17.4% on Tuesday after the online dentistry company said it would sell aligners directly to dentists, widening its distribution channel after a deal with rival Align Technology Inc expired last month.
