Wall Street's main indexes hit record highs on Thursday, but eased back from steeper initial gains, after President Donald Trump tweeted the United States was close to a deal with China ahead of a Sunday deadline that could be a turning point in the two countries' trade relations.
It may be possible to avert the next round of tariffs on Chinese imports set to be imposed on Sunday, Republican U.S. Senator John Hoeven said on Thursday following a lunch with U.S. Trade Representative Robert Lighthizer.
The U.S. Federal Trade Commission is considering seeking a preliminary injunction against Facebook Inc because of concerns that policies about how its apps interact violate antitrust law, The Wall Street Journal reported on Thursday, citing people familiar with the matter.
Boeing Co on Thursday abandoned its goal of winning approval this month from the Federal Aviation Administration to unground the 737 MAX after Chief Executive Dennis Muilenburg met with senior U.S. aviation officials.
It's been a big year for initial public offerings, and Saudi Aramco's public debut is no exception. It will take some time before individual investors can get exposure to that company. That's actually good news, experts say.
Oil prices gained nearly 1% on Thursday on hopes that the United States and China were close to reaching a deal on an ongoing trade dispute that has raised concerns about global demand for crude.
The White House has reached a "deal in principle" with Beijing to resolve the 17-month U.S.-China trade war, according to a source briefed on the trade talks.
The United States has reached a "phase-one" trade deal in principle with China, a source briefed on talks between the two nations said on Thursday, saying a statement from the White House was expected soon.
Boeing Co has delayed plans to reach a record production rate of 57 737 jets per month next year, industry sources said on Thursday, even before the U.S. FAA announced a new delay in the 737 MAX return to service that raised uncertainty over production plans.
Boeing Co acknowledged on Thursday it will not win approval this year from the Federal Aviation Administration to return the 737 MAX to service after the company's chief executive met with senior officials in Washington.
Southwest Airlines Co said on Thursday it had reached a confidential compensation agreement with Boeing Co for a portion of a projected $830 million hit to operating income in 2019 arising from the grounding of its 737 MAX aircraft.
When Axon Enterprise hired its new chief software executive from Amazon Alexa and sent him out to accompany police officers on midnight ride-alongs, it was an indicator of where the company known for Tasers and body-worn cameras is headed. The former Amazon executive will be making big bets on the technologies that Axon thinks will be critical to the future of police work.
A U.S. labor board on Thursday approved McDonald's Corp's proposed settlement allowing the fast-food company to avoid a ruling on whether it is a “joint employer” of franchise workers and could be made to bargain with unions.
Broadcom Inc forecast full-year 2020 revenue above Wall Street estimates on Thursday, as the company expects to benefit from strong demand for its chips from rising 5G adoption and growth in its software business.
Boeing Co on Thursday abandoned its goal of winning approval this month from the Federal Aviation Administration to unground the 737 MAX after Chief Executive Dennis Muilenburg met with senior U.S. aviation officials.