U.S. stocks pared early gains on Thursday, with the S&P 500 hitting a session low, after hopes of a trade deal were dented by White House economic adviser Larry Kudlow’s comment that Washington may move ahead with more tariffs on Chinese goods.
Oil prices edged lower on Thursday, pressured by worries about whether the G20 summit will produce a breakthrough on trade that could strengthen the global economy and boost oil demand.
A Chicago judge on Thursday ordered Boeing Co to turn over documents on the development of its 737 MAX aircraft after lawyers representing some Ethiopian Airlines crash victims said their clients were not prepared to accept an offer by the planemaker to settle litigation.
U.S. economic growth accelerated in the first quarter, the government confirmed on Thursday, but the export and inventory boost to activity masked weakness in domestic demand, some of which appears to have prevailed in the current period.
U.S. President Donald Trump’s decision on whether to impose a new round of tariffs on Chinese goods is contingent on the outcome of his meeting this weekend with Chinese President Xi Jinping, for which no preconditions have been agreed, a senior Trump administration official said on Thursday.
There are no preconditions set ahead of any trade talks with China, White House economic adviser Larry Kudlow said on Thursday ahead of U.S. President Donald Trump’s meeting with Chinese President Xi Jinping this weekend.
U.S. activist hedge fund Elliott Management announced on Thursday it had taken a 2.1% stake in German agrichemicals and pharma company Bayer Here are some of New York-headquartered Elliott’s top holdings in Europe (in alphabetical order):
Phun utility tokens to support international expansion of MaaS blockchain platform offerings Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced today […]
Southwest Airlines Co on Thursday said it was extending the cancellation of Boeing’s 737 MAX planes from its flying schedule until Oct. 1, a day after the Federal Aviation Administration warned it had uncovered a new issue that must be resolved before the plane can be ungrounded.
Shares of Boeing Co fell 3% on Thursday after the U.S. aviation regulator found a new flaw in the 737 MAX jet, potentially delaying the aircraft’s return to service and piling more pressure on the planemaker’s suppliers.
U.S. stocks drifted higher on Thursday, helped by a rise in technology shares, but gains were limited as investors awaited a G20 meeting for clarity on progress in trade talks between the United States and China.
Oil fell to around $66 a barrel on Thursday, weighed down by concerns over whether the G20 summit will produce a breakthrough on trade and perceptions that supply is ample despite prospects for continued OPEC curbs.
U.S. stocks opened slightly higher on Thursday, lifted by gains in technology shares, ahead of a key G20 meeting where the United States and China will discuss trade but lack of clarity on the outcome kept investors on the sidelines
U.S. tech giant International Business Machines Corp on Thursday won unconditional EU antitrust approval for its $34 billion acquisition of software company Red Hat .
U.S. stocks were set to open slightly higher on Thursday, as investors stayed away from making big bets amid conflicting reports on trade talks between the United States and China at the upcoming G20 summit.
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