Family of American woman sues Boeing, Ethiopian Airlines over 737 Max crash
The family of an American woman killed in the crash of an Ethiopian Airlines 737 MAX filed a lawsuit on Thursday against the airline, Boeing Co and Rosemount Aerospace Inc, which makes a part of the aircraft that is the focus of investigators.
Boeing says software fix to always allow override of anti-stall system
Boeing Co said on Thursday that a new software fix for its anti-stall system, at the center of investigations into two deadly plane crashes, will give pilots the authority to always override the system if activated by faulty sensor data.
U.S. jobless claims hit 49-year low; labor market resilient
The number of Americans filing applications for unemployment benefits fell to a nearly half-century low last week, pointing to sustained labor market strength despite slowing economic growth.
Ralph Nader calls for consumers to boycott Boeing 737 MAX
U.S. consumer activist Ralph Nader called on Thursday for consumers to boycott Boeing Co’s 737 MAX aircraft, which suffered two deadly accidents in five months.
S&P wavers with U.S.-China trade talks in focus
The S&P 500 swung between gains and losses on Thursday, but held near six-month highs with support from Boeing Co and Facebook Inc, as investors waited for more clarity on the U.S.-China trade talks.
Cargill names new head of grain trading and processing
Food and agriculture group Cargill Inc has appointed Joe Stone as its new head of agricultural supply chain, effective June 1, the U.S.-based company said on Thursday.
JPMorgan’s Dimon urges infrastructure, mortgage reform to spur U.S. growth
JPMorgan Chase & Co chief executive Jamie Dimon on Thursday called for reforms to U.S. public policy on education, infrastructure and mortgages to repair what he called the “fraying” American dream.
Powell gets the heat, but all Trump Fed appointees backed rate hikes
U.S. President Donald Trump may feel he is “stuck” with Federal Reserve Chairman Jerome Powell, whom he has blasted for engineering four interest rate hikes since Trump appointed him, but none of Trump’s other Fed appointees has stood in the way of the tightening campaign and at least one has said even higher rates may be necessary.
Brent oil resumes climb, nears $70 as supply tightens
Brent oil prices rose on Thursday, resuming their climb toward $70 per barrel as expectations of tight global supply outweighed pressure from rising U.S. production and less robust global demand indicators.
Stocks stall on trade uncertainty, German data hits euro
Global stocks edged lower on Thursday, as investors looked for tangible signs of progress in U.S.-China trade talks while the euro was dented after disappointing economic data out of Germany.
