Factbox: What we know about Boeing 737 MAX crash and what comes next
More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken out of service following two fatal crashes over the past five months in Ethiopia and Indonesia that killed almost 350 people in all.
Boeing prepares for MAX 737 jets sitting outside factory as deliveries halted
Boeing Co confirmed suspension of deliveries of 737 MAX aircraft on Thursday but continues to produce its single-aisle jets at full speed while dealing with the worldwide 737 MAX fleet’s grounding following a deadly Ethiopian Airlines crash.
Facebook product chief Cox to exit as focus shifts to messaging
Facebook Inc’s chief product officer and one of its earliest employees, Chris Cox, said on Thursday he is leaving the company just days after Chief Executive Mark Zuckerberg revealed a plan to transform the world’s biggest social network into an encryp…
Papa John’s adds two independent directors to board
Papa John’s International Inc said on Thursday it has appointed two independent directors to its board, more than a week after founder John Schnatter agreed to leave the board to settle an acrimonious battle with the pizza chain.
Nine banks win dismissal of Canadian rate-rigging lawsuit in U.S.
A federal judge in Manhattan on Thursday dismissed a lawsuit by investors that accused nine large banks, including six from Canada, of conspiring to manipulate a Canadian rate benchmark to improve profits from derivatives trading.
U.S. considers sanctions to restrict Visa, Mastercard in Venezuela: official
The United States is considering imposing financial sanctions that could prohibit Visa Inc , Mastercard Inc and other financial institutions from processing transactions in Venezuela, a senior Trump administration official said on Thursday.
Lockheed Martin Corp wins $507 million defense contract: Pentagon
Lockheed Martin Corp was awarded a $506.9 million modification to a U.S. defense contract for a guided missile system and associated services, the Pentagon said on Thursday.
Trump-Xi summit will not happen in March: Mnuchin
A summit to seal a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping will not happen at the end of March as previously discussed because more work is needed in U.S.-China negotiations, Treasury Secretary Steven Mnuchin sai…
S&P 500 eases amid U.S.-China trade uncertainty
The S&P 500 slipped on Thursday, snapping a three-day streak of gains, as uncertainty over when a trade deal between the United States and China would be reached left investors on edge.
Apple touts data privacy in TV ad campaign
Apple Inc on Thursday launched a television advertising campaign promoting its stance on data privacy, seeking to differentiate itself from tech industry rivals such as Alphabet Inc’s Google and Facebook Inc that have become the target of regulatory sc…
