White House’s Kudlow says U.S.-China talks making progress, could extend
Trade talks between the United States and China made “good headway” last week in Beijing and the two sides aim to bridge differences during talks that could extend beyond three days this week, White House economic adviser Larry Kudlow said.
Boeing’s new 737 MAX flight control system ‘seems foolproof’: Norwegian CEO
Boeing’s new MCAS flight control system for its 737 MAX aircraft appears foolproof, Norwegian Air Chief Executive Bjoern Kjos said on Wednesday after visiting the plane maker in Seattle.
Oil eases on U.S. crude stock build but holds near five-month high
Oil prices edged down on Wednesday after U.S. government data showed a surprise build in crude inventories, but futures held near their highest in almost five months as OPEC-led output cuts and sanctions on Iran tightened the supply outlook.
Rising trade hopes boost Wall Street, send chip stocks soaring
U.S. stocks edged higher on Wednesday, extending a strong start to the quarter as rising hopes of a trade deal with Beijing boosted investor sentiment.
Junk bonds suggest U.S. stocks may have further to run
U.S. stocks just wrapped up their best quarter in nearly a decade, coming within a stone’s throw of a record high.
Carl Icahn sold Lyft stake prior to IPO: WSJ
Billionaire investor Carl Icahn sold his roughly 2.7 percent stake in Lyft Inc ahead of the ride-hailing company’s initial public offering, the Wall Street Journal reported, citing sources.
Ethiopia to issue first Boeing investigation report
Investigators will release a keenly awaited report on the deadly crash of an Ethiopian Airlines jet on Thursday, Ethiopia’s Transport Ministry said, giving the first official clues to the second crash of a new Boeing 737 MAX in five months.
Boeing’s new MAX flight control system ‘seems foolproof’, Norwegian’s CEO says
Boeing’s new MCAS flight control system for the 737 MAX aircraft “seems foolproof”, Norwegian Air Chief Executive Bjoern Kjos said on Wednesday after visiting the plane maker in Seattle.
Hopes for U.S.-China trade, soft Brexit boost shares
World stocks rose for a fifth session on Wednesday amid optimism over U.S.-China trade talks and for a softer British exit from the European Union, while oil prices retreated after an unexpected rise in inventories.
Millions of Facebook records found on Amazon cloud servers: UpGuard
Millions of Facebook Inc’s user records were inadvertently posted on Amazon.com Inc’s cloud computing servers in plain sight, researchers at cybersecurity firm UpGuard reported on Wednesday.
