Boeing Co will take until at least September to fix a newly identified problem on its grounded 737 MAX, a company official told Reuters, meaning the workhorse jet’s return to service will be delayed until October at the earliest, significantly longer than most airlines had expected.
Mexican state oil company Pemex [PEMX.UL] signed an $8 billion syndicated loan with more than 20 banks to renew credit lines and refinance liabilities, President Andres Manuel Lopez Obrador said on Thursday.
At Planet Ford, which boasts it is the No. 1 Ford volume dealer in the Houston area, customers shopping for a 2019 F-150 pickup truck can get discounts from Ford Motor Co of more than $8,000 – and that is just the start.
Apple Inc said on Thursday its Chief Design Officer Jony Ive – a close artistic confidant of founder Steve Jobs and a critical part of the firm’s late 1990s revival and historic growth into the world’s first $1 trillion company – will leave the iPhone maker later this year to form an independent design company.
Apple Inc said on Thursday its Chief Design Officer Jony Ive will leave the iPhone maker later this year to form an independent design company, after spending nearly three decades with the technology company.
Pfizer Inc said on Thursday it has named former U.S. Food and Drug Administration Commissioner Scott Gottlieb to its board of directors, effective immediately.
Twitter Inc said on Thursday it would identify and deemphasize tweets that broke its rules but came from important sources such as politicians, in order to strike a balance between free expression and accountability.
Boeing Co is hoping to win regulatory approval for its revamped 737 MAX by October at the earliest, a company official said on Thursday, meaning that airlines will have to again extend flight cancellations as they await the return of the grounded jet.
U.S. President Donald Trump has agreed to no preconditions for his high-stakes meeting with Chinese President Xi Jinping this weekend and is maintaining his threat to impose new tariffs on Chinese goods, White House economic adviser Larry Kudlow said on Thursday.
Nike Inc missed analysts’ estimates for quarterly profit on Thursday, as the world’s largest sportswear maker spent more on marketing and new product launches.
The S&P 500 and the Nasdaq closed higher in a broad-based rally on Thursday as investors looked to the G20 summit in Osaka, Japan this weekend for progress in the long-running U.S.-China trade dispute, which has whipsawed markets for months.
Global equity markets gained and the dollar held steady on Thursday ahead of the G20 summit where a scheduled meeting of U.S. President Donald Trump and Chinese President Xi Jinping has stirred hopes that trade tensions could ease.
Nike Inc beat analysts’ estimates for quarterly revenue on Thursday, as more customers shopped through its app and website.
Mitsubishi Heavy Industries Ltd, is weighing the creation of a new engineering design center in Montreal, a source familiar with the matter told Reuters, in a move fueled by the company’s planned acquisition of Bombardier’s CRJ regional jet business.
Boeing Co now thinks it will complete the latest software update for the grounded 737 Max by September after new issue arose last week during a simulator test, a Boeing official said on Thursday.
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