Exclusive: Boeing studies 737 MAX output slowdown among scenarios – source
Boeing and suppliers are looking at scenarios including a slowdown in production of the 737 MAX if the plane’s grounding in the wake of two accidents lasts for a number of months, as many analysts expect, a person familiar with the process said.
Lyft’s shares rise after Citron advises against shorting stock
Shares of ride-hailing company Lyft Inc rose as much as 4 percent on Friday, setting the stock for its best day since its market debut last week, after short-seller Citron Research advised investors to hold on to the stock.
U.S.-China trade talks to continue next week by video link: Kudlow
U.S. and Chinese trade negotiators will continue their talks next week by video conference as they try to reach a deal to resolve a nine-month-old trade war, White House adviser Larry Kudlow said on Friday.
Big banks to report first quarter results with lowered expectations
Investors will focus on falling profits, a more dovish Federal Reserve and lower interest rates as major U.S. banks kick off what analysts expect to be the first quarter of contracting corporate earnings since 2016.
N.Y. Fed raises U.S. second quarter GDP growth view near 2%
The U.S. economy is growing at a 1.95% annualized pace in the second quarter based on a stronger-than-expected report on domestic manufacturing in March, the New York Federal Reserve’s Nowcast model showed on Friday.
Boeing studies 737 MAX output slowdown among scenarios: source
Boeing and suppliers are looking at scenarios including a slowdown in production of the 737 MAX if the plane’s grounding in the wake of two accidents lasts for a number of months, as many analysts expect, a person familiar with the process said.
Wall Street chugs higher on jobs data, trade optimism
Wall Street’s main indexes rose on Friday after data showed U.S. employment growth was better-than-expected in March, easing concerns of a domestic slowdown, while hopes of a U.S.-China trade deal boosted sentiment.
Exclusive: United States sets sights on China in new electric vehicle push
U.S. government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle supply chain strategy, according to three sources familiar with the matte…
FAA chief defends 737 MAX safety inspectors from whistleblower
The acting top U.S. aviation regulator defended the Federal Aviation Administration on Friday from charges by an unnamed agency employee who told congressional investigators that aviation safety inspectors that worked on the certification of now-ground…
Shell faces lawsuit from climate change activists over fossil fuels
Environmentalist and human rights groups said on Friday they had started a lawsuit against Royal Dutch Shell in the Netherlands to force the energy firm to cut its reliance on fossil fuels.
