(Reuters) – Boeing Co (BA.N) reported a 53% drop in quarterly profit on Wednesday as the world’s largest planemaker was hurt by the grounding of its best-selling 737 MAX jets. Aerial photos showing Boeing 737 Max airplanes parked at Boeing Field in Seattle, Washington, U.S. October 20, 2019. Picture taken October 20, 2019. REUTERS/Gary He
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A bird flies across the U.S. Capitol rotunda, on Capitol Hill in Washington, U.S., October 22, 2019. REUTERS/Tom Brenner WASHINGTON (Reuters) – The U.S. House voted on Tuesday to advance legislation that would require most companies to disclose who actually owns them, as well as handing banks a long-sought update to anti-money laundering rules. The
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 21, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stock index futures rose on Tuesday, after another batch of strong corporate earnings eased concerns over domestic growth and the fallout from the prolonged U.S.-China trade war. The benchmark
NEW YORK (Reuters) – The benchmark S&P 500 stock index rose within striking distance of a record high on Monday as further signs of progress toward resolution of the U.S.-China trade war boosted shares in sectors sensitive to trade and the global economy. U.S. President Donald Trump continued to strike optimistic tones, while White House
(Reuters) – Wall Street looked set to start the week on an upbeat note on Monday, as investors hoped for progress in resolving the U.S.-China trade war, but a fall in Boeing’s shares kept a lid on early gains. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New
FILE PHOTO: Thomson Reuters Chief Executive Jim Smith speaks about the deal with U.S. private equity firm Blackstone Group LP, during a staff town hall meeting in Toronto, Ontario, Canada January 31, 2018. REUTERS/Chris Helgren/File Photo NEW YORK (Reuters) – Thomson Reuters Corp (TRI.TO) has begun searching for a successor to Chief Executive Officer Jim
LAS VEGAS (Reuters) – New large corporate planes that can fly farther and an industry push toward sustainable aviation fuels are seen as bright spots as the world’s biggest business jet makers assemble in Las Vegas to showcase their offerings at the sector’s largest gathering. FILE PHOTO: Bombardier employee Francis Masse polishes the sign of
WASHINGTON (Reuters) – The collateral damage of the United States’ trade wars is being felt from the fjords of Iceland to the auto factories of Japan. FILE PHOTO: Newly manufactured cars of the automobile maker Honda await export at port in Yokohama, south of Tokyo June 23, 2015. REUTERS/Toru Hanai/File Photo Central bank governors and
A HNA Group logo is seen on the building of HNA Plaza in Beijing, China February 9, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – China’s indebted HNA Group has appointed its chairman’s son as president as part of business restructuring at the finance-to-aviation conglomerate, Chinese financial magazine Caixin reported on its website on Saturday. Chen Xiaofeng,
FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam/File Photo (Reuters) – Facebook Inc’s (FB.O) upcoming news tab will feature headlines from the Wall Street Journal and some other News Corp (NWSA.O) media properties when it launches in fall
(Reuters) – U.S. retailer Sears has borrowed about $150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar with the matter said. FILE PHOTO: A Sears department store is pictured in La Jolla, California, U.S., March 22, 2017.
FILE PHOTO: The JetBlue Airways logo is seen on a revolving door entering John F. Kennedy Airport in the Queens borough of New York U.S., January 24, 2017. REUTERS/Shannon Stapleton OSLO (Reuters) – Norwegian Air (NWC.OL) and JetBlue Airways (JBLU.O) have agreed to form a partnership that will allow customers to book flights on each
SINGAPORE (Reuters) – The date of entry into service of Boeing Co’s ultra-long-range 777-8 wide-body airliner will depend partly on customer demand, an executive said, with the planemaker hoping to win an order from Qantas Airways Ltd to supply the plane for Sydney-London flights. FILE PHOTO: The Boeing logo is displayed on a screen, at
VIENNA (Reuters) – Airline Swiss expects to resume mostly normal service with its fleet of Airbus A220 jets on Thursday after temporarily grounding the jets for safety checks of their engines, it said on Wednesday. FILE PHOTO: The logo of Swiss airlines is seen at Zurich airport, Switzerland October 21, 2016. REUTERS/Arnd Wiegmann/File Photo The
FILE PHOTO: Steve Wynn, Chairman and CEO of Wynn Resorts, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. REUTERS/Mike Blake (Reuters) – Nevada gaming regulators are seeking a ban on former Wynn Resorts Ltd (WYNN.O) chief Steve Wynn from the state’s casino industry, citing allegations of sexual misconduct
FILE PHOTO: A WeWork logo is seen at a WeWork office in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch/File Photo (Reuters) – Shared office space company WeWork prefers the option of a near $5 billion financing package led by JPMorgan Chase & Co (JPM.N) to selling a controlling stake to Japan’s SoftBank Group