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→  July 17, 2018

WASHINGTON (Reuters) – U.S. Federal Reserve Chairman Jerome Powell, discounting the risk that a trade war may throw a global recovery off track, said the economy is on the cusp of “several years” where the job market remains strong and inflation stays around the Fed’s 2 percent target. Federal Reserve Chairman Jerome Powell gives his […]

→  July 16, 2018

(Reuters) – Bank of America Corp reported quarterly profit above expectations as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a strengthening economy. The bank, like its other Wall Street peers, is getting a boost from recent moves by regulators and politicians to lower tax […]

→  July 15, 2018

LONDON (Reuters) – Boeing Co (BA.N) is concerned about the impact of possible trade tariffs on the cost of running its supply chain, but has not yet seen any impact from U.S.-Chinese trade tensions on its business, Chief Executive Dennis Muilenburg said on Sunday. FILE PHOTO: Employees are pictured as the first Boeing 737 MAX […]

→  July 14, 2018

WASHINGTON (Reuters) – The U.S. House Judiciary Committee will hold a hearing on Tuesday to take testimony from Facebook Inc, Alphabet Inc’s YouTube unit and Twitter Inc on whether social media companies are filtering content for political reasons, the committee chairman said. FILE PHOTO: A 3D plastic representation of the Facebook logo is seen in […]

→  July 13, 2018

WASHINGTON (Reuters) – U.S. import prices fell the most in more than two years in June as prices for petroleum products fell and a strong dollar weighed on the costs of other goods. FILE PHOTO: A stack of shipping containers are pictured in the Port of Miami in Miami, Florida, U.S., May 19, 2016. REUTERS/Carlo […]

→  July 12, 2018

(Reuters) – Chipmaker Broadcom Inc’s surprise bid to buy software company CA Inc for $18.9 billion wiped off the same amount from its market value on Thursday, with investors and analysts struggling to find a clear reason for the deal. FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd, who announced […]

→  July 11, 2018

NEW YORK (Reuters) – Oil futures pared losses briefly Wednesday after U.S. crude inventories fell the most in nearly two years, before trading lower in a volatile session in which supplies from Libya and Iran were expected to increase. FILE PHOTO: An oil pump jack is seen at sunset near Midland, Texas, U.S., May 3, […]

→  July 10, 2018

(Reuters) – Boeing Co (BA.N) said on Tuesday it booked 460 net aircraft orders after cancellations in the six months ended June, well ahead of the 206 recorded by rival Airbus SE (AIR.PA) during the same period. FILE PHOTO: Boeing’s logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. […]

→  July 9, 2018

BRASILIA (Reuters) – A shareholder of planemaker Embraer SA (EMBR3.SA) filed a complaint with Brazil’s securities regulator against a planned takeover of its commercial aircraft arm by Boeing Co (BA.N), newspaper Valor Econômico reported on Monday. FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company’s headquarters in Sao Jose dos […]

→  July 9, 2018

BRASILIA (Reuters) – A shareholder of planemaker Embraer SA (EMBR3.SA) filed a complaint with Brazil’s securities regulator against a planned takeover of its commercial aircraft arm by Boeing Co (BA.N), newspaper Valor Econômico reported on Monday. FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company’s headquarters in Sao Jose dos […]