Google parent Alphabet beats expectations
Pokémon have invaded earnings season
You are seeing more ads on Facebook than ever before
How Amazon is helping 300 startups get to the next level
Democrats are a lot more upbeat than most Americans
Facebook's Newsfeed change should thrill investors
Experts can't agree on what the Fed said in its July statement
Chipotle says it plans to open burger restaurant
Tesla gets vote of confidence from a top investor at Fidelity
US homeownership rate of 62.9% matches a 51-year low
Bloomberg calls Trump White House race 'a con'
Hidden message in Fed's statement: US is at full employment
Ray Dalio: The New York Times is distorting reality
Oracle to buy NetSuite in $9.3 billion deal
Wall Street not welcome at 2016 political conventions
Ford Motor profit falls as US, China weaker than expected
Democratic donors, allies offer reward for Trump tax returns
Short interest in Nintendo hit six-year high after Monday’s fall
- BAReuters•10 hours ago
"If we are unable to obtain sufficient orders and/or market, production and other risks cannot be mitigated, we could record additional losses that may be material, and it is reasonably possible that we could decide to end production of the 747," Boeing said on Wednesday. Boeing said it had canceled plans to increase production of the 747 to one plane per month from 2019, and stuck to its plan of halving the production rate in September. "On the 747 program, we decided to reduce future production expectations and revenue assumptions to account for current and anticipated weakness in the air cargo market," Chief Executive Dennis Muilenburg said on a post-earnings call with analysts.
- BusinessBloomberg•19 hours ago
China's government has once again managed to engineer a mini-stock market collapse. This time, though, it's probably a good thing. The ChiNext composite index dropped 5.6 percent Wednesday after a report in the 21st Century Business Herald indicated the authorities may curb the ability of wealth-management vehicles to invest in equities. The story also dragged the blue-chip-heavy Shanghai Composite 1.9 percent lower and lopped 4.5 percent from the Shenzhen index. (The ChiNext fell another 1.8 percent as of 11:30 a.m. Thursday, while the Shenzhen index declined 1.4 percent and the Shanghai measure was down 0.6 percent.) As deep as the plunges seemed, they were merely the worst since early June.