 | | | | Boeing Co plans to cut its monthly 737 production by nearly 20 percent as it works to manage the grounding of its MAX aircraft in the wake of two deadly crashes, Chief Executive Officer Dennis Muilenburg said on Friday. | | | | | | U.S. stocks rose on Friday, boosted by better-than-expected job growth in March, which eased concerns of an economic slowdown that have periodically roiled financial markets over the past year. | | | | | | Global stocks rose to a fresh six-month high on Friday after concerns about an economic slowdown were lessened by U.S. labor market data, while optimism that a trade deal between the United States and China was drawing closer also lifted sentiment. | | | | | | Boeing Co plans to cut the rate of its 737 production to 42 airplanes per month from 52 as it works to manage the grounding of its MAX aircraft in the wake of two deadly crashes, Chief Executive Officer Dennis Muilenburg said in a statement on Friday. | | | | | | U.S. President Donald Trump on Friday signed a new permission for TransCanada Corp to build the long-delayed Keystone pipeline for imports of Canadian oil, replacing his previous permits in a fresh attempt to get around the blocking of the $8 billion project by a court in Montana. | | | | | | Oil prices gained 1.5 percent on Friday as strong U.S. employment data tempered fears about weakening global crude oil demand, and on expectations that an escalating conflict in Libya could tighten oil supplies. | | | | | | Deutsche Bank said it was open to further restructuring of its U.S. investment bank after Commerzbank executives sought clarity on its plans during merger talks, according to three sources familiar with the matter. | | | | | | A federal judge in Manhattan on Friday ordered Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission to meet for at least an hour to try to settle the agency's concerns over the billionaire entrepreneur's use of Twitter. | | | | | | Bank of America Corp said on Friday that more than half of its branch network will be modernized over the next three years to respond to changing consumer behavior. | | | | | | BMW, and Volkswagen face possible hefty fines after EU antitrust regulators on Friday charged them and whistleblower Daimler with colluding to block the rollout of clean emissions technology. | | | | | | A federal judge in Manhattan on Friday rejected Expedia Inc's request for an injunction that would have required United Airlines to continue providing fare data for flights after Sept. 30, when the companies' contract ends. | | | | | |
