June 27, 2019

U.S. economic growth surges in first-quarter, but momentum fizzling

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, […]
June 27, 2019

Wall Street trims gains after Kudlow’s trade comments

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 […]
June 27, 2019

Oil edges lower ahead of G20, OPEC meeting

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 […]
June 27, 2019

Boeing shares slip as grounded 737 MAX faces new hurdle

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 […]
June 27, 2019

Southwest Airlines extends 737 MAX cancellations through October 1

Southwest Airlines Co has extended the cancellation of Boeing’s 737 MAX planes from its flying schedule until Oct. 1, the U.S. airline said on Thursday. Powered […]
June 27, 2019

Ford to cut 12,000 jobs in Europe by end 2020

Ford said it will cut 12,000 jobs in Europe by the end of next year to try to return the business to profit, part of a […]
June 27, 2019

Wall St. edges higher on tech boost; G20 summit eyed

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 […]
June 27, 2019

Oil slips to $66 ahead of G20, OPEC meeting

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 […]
June 27, 2019

Airlines urge regulators to work together to return 737 MAX to service

Airlines on Thursday urged global regulators to coordinate on measures needed to bring the grounded 737 MAX jetliner back into service, as Boeing grappled with a […]
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