 | | | | U.S. stocks rose on Friday, led by technology companies, as a report on progress in U.S.-China trade talks lifted sentiment, pushing the S&P 500 to its best week since November. | | | | | | Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. | | | | | | The grounding of Boeing's global 737 MAX fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it has given some carriers a welcome opportunity to re-evaluate orders for the plane. | | | | | | United Continental Holdings Inc said on Friday it would see a negative financial and operational impact on its business if Boeing Co's 737 MAX jets remain grounded into the peak summer travel season. | | | | | | A gauge of global equity markets hit a five-month high on Friday on investor optimism over U.S.-Chinese trade talks and hopes a new Brexit vote next week will prove successful, but the dollar headed to its biggest weekly loss since early December. | | | | | | Russian tycoon Oleg Deripaska sued the United States on Friday, alleging that it had overstepped its legal bounds in imposing sanctions on his companies and made him the "latest victim" in the U.S. probe into Moscow's alleged political interference. | | | | | | President Donald Trump's trade battles cost the U.S. economy $7.8 billion in lost gross domestic product in 2018, a study by a team of economists at leading American universities published this week showed. | | | | | | Luxury carmaker BMW and Germany's Varta have both applied for state funding aimed at supporting battery cell production for electric vehicles, they said on Friday, hitting a deadline set by the German government. | | | | | | New York energy company Consolidated Edison Inc said on Friday it still plans to impose a moratorium on new natural gas service in parts of Westchester County after March 15 despite a $250 million plan by the state to reduce energy usage. | | | | | | Investigators in France on Friday examined the black boxes of a Boeing 737 MAX that crashed in Ethiopia as the global airline industry waited to see if the cause was similar to a disaster in Indonesia months before. | | | | | | The crashed Boeing Co 737 MAX jets in Ethiopia and Indonesia appear to have a common connection, Ethiopian Airlines Group Chief Executive Officer Tewolde Gebremariam told China's state news agency Xinhua on Friday. | | | | | |
