As latest round of U.S.-China talks end, ‘significant work’ remains
U.S. and Chinese negotiators wrapped up their latest round of trade talks on Friday and were scheduled to resume discussions next week to try to secure a pact that would end a tit-for-tat tariff battle that has roiled global markets.
Boeing cuts 737 MAX output in wake of two deadly crashes
Boeing Co said on Friday it plans to cut its monthly 737 aircraft production by nearly 20 percent in the wake of two deadly crashes, signaling it does not expect aviation authorities to allow the plane back in the air anytime soon.
U.S.-China trade talks ‘made progress’ but ‘significant work remains’: White House
The White House said on Friday after three days of trade talks with Chinese officials in Washington that the negotiations “made progress on numerous key issues” but “significant work remains.”
Boeing cutting 737 MAX production in wake of two deadly crashes
Boeing Co plans to cut its monthly 737 production by nearly 20 percent as it works to manage the grounding of its MAX aircraft in the wake of two deadly crashes, Chief Executive Officer Dennis Muilenburg said on Friday.
S&P posts seven-day winning streak as jobs data allay economic fears
U.S. stocks rose on Friday, boosted by better-than-expected job growth in March, which eased concerns of an economic slowdown that have periodically roiled financial markets over the past year.
U.S. payrolls report, trade optimism buoy stocks
Global stocks rose to a fresh six-month high on Friday after concerns about an economic slowdown were lessened by U.S. labor market data, while optimism that a trade deal between the United States and China was drawing closer also lifted sentiment.
Boeing to reduce 737 production in wake of MAX crashes: statement
Boeing Co plans to cut the rate of its 737 production to 42 airplanes per month from 52 as it works to manage the grounding of its MAX aircraft in the wake of two deadly crashes, Chief Executive Officer Dennis Muilenburg said in a statement on Friday….
Oil prices rise 1.5 percent as strong U.S. economic data eases demand concerns
Oil prices gained 1.5 percent on Friday as strong U.S. employment data tempered fears about weakening global crude oil demand, and on expectations that an escalating conflict in Libya could tighten oil supplies.
Judge orders SEC, Tesla’s Musk to meet for at least an hour on new settlement
A federal judge in Manhattan on Friday ordered Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission to meet for at least an hour to try to settle the agency’s concerns over the billionaire entrepreneur’s use of Twitter.
U.S. judge rules against Expedia in United Airlines fare listings lawsuit
A federal judge in Manhattan on Friday rejected Expedia Inc’s request for an injunction that would have required United Airlines to continue providing fare data for flights after Sept. 30, when the companies’ contract ends.
