Oil falls 3 percent on rising U.S. production, economic slowdown fears
Oil fell about 3 percent on Monday, its biggest one-day percentage drop in a month, after an increase in U.S. crude drilling pointed to further supply growth amid continuing concerns about a global economic slowdown.
Caterpillar stock slides on profit miss, China sales forecast
Caterpillar Inc on Monday missed quarterly earnings estimates, hurt by soft Chinese demand, higher manufacturing and freight costs, sending shares of the heavy machinery maker tumbling as much as 10 percent.
Exclusive: Boeing nears $3.5 billion 737 MAX jet deal with Japan’s ANA – sources
Boeing Co is close to a deal worth $3.5 billion at list prices to sell 30 737 MAX jetliners to Japan’s biggest carrier, ANA Holdings, two people familiar with the matter said.
China worries send stocks down, rising supply hits oil
Global stock markets tumbled on Monday after Caterpillar and Nvidia Corp warned of weak Chinese demand while oil headed for its biggest one-day drop in a month on expectations of growing U.S. crude supply.
Facebook plans content oversight board, tightens paid ad rules
Facebook Inc on Monday laid out plans for an independent content oversight board with the power to overturn company decisions on user posts, aimed at addressing concerns over misinformation and abusive behavior on the platform.
Caterpillar and Nvidia warnings send Wall Street tumbling
U.S. stocks tumbled on Monday after warnings from Caterpillar Inc and Nvidia Corp added to concerns about a slowing Chinese economy and tariffs taking a bite out of U.S. corporate profits.
Boeing nears $3.5 billion 737 MAX jet deal with Japan’s ANA: sources
Boeing Co is close to a deal worth $3.5 billion at list prices to sell 30 Boeing 737 MAX jetliners to ANA Holdings, two people familiar with the matter said.
Shutdown costs pegged at $3 billion as government reopens
The U.S. economy was expected to lose $3 billion from the partial federal government shutdown over President Donald Trump’s demand for border wall funding, congressional researchers said on Monday as 800,000 federal employees returned to work after 35 …
Bombardier resumes deliveries of subway cars to New York City
Bombardier said it has resumed delivering subway cars to New York City Transit on Monday, spokesman Eric Prud’Homme said by email, after the agency halted deliveries last week because of performance problems.
General Electric stock buyers preach patience, eye progress
Investors who have scooped up decimated shares of General Electric Co are willing to wait years to reap a solid return but also hope the U.S. conglomerate will show progress in its turnaround plan and avoid more negative surprises.
