 | | | | Boeing Co said on Thursday it had completed a software update for its 737 MAX jets, which have been grounded worldwide since March after they were involved in two fatal crashes. | | | | | | Vienna prosecutors believe there is little basis for an investigation into a decade-old $2 billion Eurofighter jet purchase by Austria, two media reported on Thursday, citing an internal report. | | | | | | Oil futures were up more than 1% on Thursday as tensions in the Middle East grew, with a Saudi-led coalition launching air strikes in retaliation for recent attacks on its crude infrastructure. | | | | | | Wall Street extended its rally in afternoon trading on Thursday as upbeat earnings and strong economic data put investors in a buying mood, with technology companies leading the charge. | | | | | | A U.S. bid to block China's Huawei Technologies from buying vital American technology threw into question sales from some of the largest tech companies and drew a sharp rebuke on Thursday from Beijing, which warned it could hurt trade talks. | | | | | | Low U.S. inflation expectations are sapping the Federal Reserve's ability to respond to a future downturn, Minneapolis Fed President Neel Kashkari said Thursday, calling for the Fed to allow inflation to rise above 2% to bring the economy back to full strength. | | | | | | The Federal Reserve should not cut interest rates unless there is hard data signaling economic weakness ahead, Minneapolis Fed President Neel Kashkari said on Thursday, and should not rely on a rate cut to try to kickstart a healthier level of inflation. | | | | | | Bayer AG is confident its appeals of recent court rulings that its glyphosate weed killer Roundup caused cancer will be successful, a senior executive said on Thursday, amid a steep selloff of the company's shares this week. | | | | | | U.S. Commerce Secretary Wilbur Ross said on Thursday that an order blacklisting Chinese telecoms giant Huawei Technologies Co Ltd will go into effect on Friday. | | | | | | Some executives from U.S. companies that sell clothing, food and other products warn that costs related to the latest round of tariffs on goods from China will be passed along to consumers in the form of higher prices. | | | | | |
