China’s Huawei restricted from using U.S. suppliers
The Trump administration on Thursday officially added China’s Huawei Technologies Co Ltd to a trade blacklist, immediately enacting restrictions that will make it extremely difficult for the telecom giant to do business with U.S. companies.
Delta, United poised for most new slots at Tokyo’s Haneda airport
Delta Air Lines and United Airlines are poised to win the most new daytime slots at Tokyo’s Haneda International Airport in time for the 2020 Summer Olympics, according to a U.S. Department of Transportation statement on Thursday.
Pinterest shares plummet on disappointing 2019 revenue forecast
Pinterest Inc on Thursday forecast 2019 revenue broadly in line with Wall Street targets, disappointing investors who had expected more from the freshly public, high flying stock, and sending its shares down 16 percent.
Musk to review all of Tesla’s expenses in new cost cutting plan
Tesla Inc Chief Executive Officer Elon Musk told employees on Thursday that he will increase scrutiny of the company’s expenses in his latest initiative to cut costs at the electric car maker.
Delta, United poised for most new slots at Tokyo’s Haneda
Delta Air Lines and United Airlines are poised to win the most new slots at Tokyo’s Haneda International Airport in time for the 2020 Summer Olympics, according to a U.S. Department of Transportation statement on Thursday.
Bayer bets on ‘silver bullet’ defense in Roundup litigation; experts see hurdles
Bayer AG plans to argue that a $2 billion jury award and thousands of U.S. lawsuits claiming its glyphosate-based weed killer Roundup causes cancer should be tossed because a U.S. regulatory agency said the herbicide is not a public health risk.
Boeing completes 737 MAX software update, working on pilot training plan
Boeing Co said on Thursday it had completed a software update for its 737 MAX jets, which have been grounded worldwide since March after they were involved in two fatal crashes.
U.S. Commerce Department publishes Huawei export blacklist order
The U.S. Commerce Department on Thursday formally placed Huawei Technologies Co Ltd and 68 affiliates in more than two dozen countries on its so-called “Entity List” – a move that bans the telecom company from buying parts and components from American…
Wall St. rises for third straight day on data, earnings
Wall Street closed higher on Thursday as upbeat earnings and strong economic data put investors in a buying mood, with technology companies leading the charge.
Global stocks gain after earnings, deal news, data; U.S. yields move up
World stock markets were buoyed by deal-making news and solid earnings from Dow components Cisco and Walmart on Thursday while strong economic data pushed U.S. bond yields higher even as investors struggled to make sense of the latest developments in g…