Month: March 2019

In snow country along Japan’s northern coast, a small manufacturer of precision moulds is feeling the pain of China’s economic slowdown.

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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 said on Thursday.

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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 combined.

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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.

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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.

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LVMH’s Sephora beauty chain ended its partnership with Olivia Jade following a massive college cheating scandal involving her celebrity parents who were charged this week in an alleged scheme to help rich Americans get their children into elite universities.

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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.

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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.

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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 Officer Mark Zuckerberg revealed a plan to pivot the world’s biggest social network to an encryption-focused messaging company.

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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.

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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.

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Crown Media Family Networks, the company that owns the Hallmark cable channel, stopped working with its “Garage Sale Mysteries” star, Lori Loughlin, after she was charged in a college admissions scandal, it said on Thursday.

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Boeing Co’s 737 MAX 8 and 9 planes will be grounded for weeks if not longer until a software upgrade can be tested and installed, U.S. lawmakers said on Thursday, as officials in France prepare to begin analyzing the black boxes from a jet that crashed in Ethiopia.

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Boeing Co said on Thursday it was pausing deliveries of its 737 MAX aircraft to customers following the grounding of the jetliner around the world, as the world’s largest planemaker responds to its worst crises in years.

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Wall Street’s beloved tech trade is back on.

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