Fed officials: Trade risks easing may mean bluer sky for 2020
The global trade wars may not be over, but U.S. Federal Reserve officials on Thursday said the economy may have weathered the worst of it as risks begin to ease and businesses adjust to a new trade environment.
Wall Street notches records on trade optimism, Apple gains
Major U.S. stock indexes registered record closing highs on Thursday as optimism about a U.S.-China trade deal firmed and as Apple and other market heavyweights posted strong gains.
Facebook’s Zuckerberg drops annual challenges to focus on longer-term goals
Facebook Inc Chief Executive Officer Mark Zuckerberg said on Thursday he was dropping his annual challenges this year to take a longer-term focus on the decade ahead.
Global stocks scale records, oil dips as investors hail easing of Mideast tensions
Crude oil prices slid and equity markets around the world set new highs on Thursday as investors took on greater risk in a relief rally after the United States and Iran moved to defuse escalating tensions in the Middle East.
Wall Street hits record highs on trade optimism, Apple gains
U.S. stocks hit record highs on Thursday as optimism about a U.S.-China trade deal firmed and as Apple and other market heavyweights posted strong gains.
Lockheed Martin names Steven Walker as chief technology officer
Weapons maker Lockheed Martin Corp on Thursday named Steven Walker as its chief technology officer.
Boeing may have to lower 787 Dreamliner production rate: Air Lease CEO
Boeing Co could be forced to cut production of its bigger 787 Dreamliners to 10 aircraft per month, amid a drought of orders from China, U.S. airplane leasing firm Air Lease Corp Chief Executive Officer John Plueger said on Thursday.
Oil eases as focus shifts from Iran tensions to U.S. crude build
Oil prices retreated further on Thursday, adding to sharp losses in the previous session as the market shifted focus toward rising U.S. crude stocks and away from worries about the conflict between the United States and Iran.
Facebook CEO Zuckerberg drops annual challenges to focus on longer-term goals
Facebook Inc’s Chief Executive Officer Mark Zuckerberg said on Thursday he was dropping his annual challenges this year to take a longer term focus on the decade ahead.
Italian court turns down Vivendi’s request to suspend freeze on Mediaset stake
An Italian court has thrown out a request by Vivendi to suspend a ruling forcing it to freeze two-thirds of its stake in Italian broadcaster Mediaset , a court document showed on Thursday.