FTC weighs action against Facebook over how its apps interact: report
The U.S. Federal Trade Commission is considering seeking a preliminary injunction against Facebook Inc because of concerns that policies about how its apps interact violate antitrust law, The Wall Street Journal reported on Thursday, citing people fam…
Exclusive: Boeing delays plans for record 737 production until 2021 – sources
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’s return to service which raised uncertainty over produc…
Boeing says it will not win approval to return MAX to service before 2020
Boeing Co acknowledged on Thursday it will not win approval this year from the Federal Aviation Administration to return the 737 MAX to service after the company’s chief executive met with senior officials in Washington.
Southwest reaches partial settlement with Boeing over projected 737 MAX damages
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.
‘Boneheads’ no more? Fed’s rate cuts appear to defuse Trump’s Twitter rage
After three interest rate cuts and a fresh round of record highs for U.S. stock markets, has President Donald Trump lost interest in the Federal Reserve?
Wall Street hits record on trade hopes, but off session highs
Wall Street’s main indexes hit record highs on Thursday, but eased back from steeper initial gains, after President Donald Trump tweeted the United States was close to a deal with China ahead of a Sunday deadline that could be a turning point in the tw…
U.S. offers China tariff rate cut; announcement possibly ‘imminent’
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.
U.S. senator says Dec. 15 tariffs on Chinese imports may be averted
It may be possible to avert the next round of tariffs on Chinese imports set to be imposed on Sunday, Republican U.S. Senator John Hoeven said on Thursday following a lunch with U.S. Trade Representative Robert Lighthizer.
U.S. FAA says Boeing is pursuing ‘unrealistic’ schedule for 737 MAX return
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,” acco…
Oil rises 1% on Trump’s optimism for a deal with China
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.
