American Airlines follows Southwest in pulling 737 MAX until early March
American Airlines Group Inc said on Friday it is extending cancellations of Boeing Co 737 MAX flights through March 4, 2020, mirroring an earlier announcement by Southwest Airlines.
General Dynamics wins $732 million U.S. defense contract: Pentagon
General Dynamics Corp has been awarded a $732 million U.S. defense contract for sustainment of the Mobile User Objective System ground system, a narrowband military satellite communications system, the Pentagon said on Friday.
WeWork to divest all non-core businesses
The We Company, owner of office-space sharing company WeWork, disclosed on Friday it will divest all non-core businesses and reduce headcount across its ventures as part of a 90-day plan.
White House optimistic on prospects for China trade deal, official tells CNBC
The White House is “very optimistic” it will reach a so-called phase one trade pact with China before the end of the year, a senior administration official said on Friday, adding that a deal would likely be struck before more tariffs take effect in mid…
Tesla’s Musk, Greenlight’s Einhorn taunt each other on Twitter
Tesla Inc Chief Executive Officer Elon Musk and noted short-seller David Einhorn mocked each other in open letters published on Twitter on Friday, trading barbs clothed in polite language.
S&P 500 posts fifth week of gains as Wall St. hits records
The three major U.S. stock indexes posted record closing highs and the S&P 500 registered a fifth straight week of gains on Friday as investors brushed aside worries over the progress of U.S.-China trade talks and as Walt Disney shares rose.
Indexes trade near flat, pause as trade deal doubts resurface
U.S. stocks were near unchanged on Friday after President Donald Trump said he has not agreed to a rollback of U.S. tariffs sought by China, fueling doubts about the progress of trade talks between the two countries.
Gap commits to Old Navy split; CEO exit won’t impact holiday shopping season
Gap Inc said on Friday it was sticking with plans to spin off its Old Navy brand into a separate company, as Wall Street analysts questioned its commitment to the project following the surprise exit of Chief Executive Officer Art Peck.
Southwest pulls Boeing Max jets until March, in longest U.S. delay yet
Southwest Airlines said on Friday it is extending the cancellation of flights using 737 MAX jets from its schedule by another month as Boeing Co faces increasing hurdles in winning approval to return the plane to service before the end of this year f…
Trade deal doubts clip world stock rally, oil wavers
Oil prices faltered and global equity markets slipped on Friday, halting a week-long record-setting rally fueled on hopes a U.S.-China trade deal was near, as the latest statements out of Washington cast fresh doubts about progress between Beijing and …
