Today's Top Story
U.S. regulator sees approval of Boeing 737 MAX to fly as soon as late June: sources
MONTREAL/FORT WORTH, Texas (Reuters) - The Federal Aviation Administration (FAA) expects to approve Boeing Co's 737 MAX jet to return to service as soon as late June, representatives of the U.S. air regulator informed members of the United Nations' aviation agency in a private briefing on Thursday, sources told Reuters. Read More
Boeing at two-week high as approval for 737 MAX to fly seen by late June
(Reuters) - Shares of Boeing Co rose as much as 3% to more than a two-week high on Friday after Reuters reported that the Federal Aviation Administration (FAA) expects to approve 737 MAX jets to return to service as soon as late June.
Huawei shipments could fall by up to a quarter this year: analysts
HONG KONG/SHANGHAI (Reuters) - China's Huawei, hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said.
Musk's SpaceX raised over $1 billion in six months: filings
(Reuters) - Billionaire entrepreneur Elon Musk's SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space.
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Wall Street Weekahead: Trade protection doesn't have to exclude growth stocks
(Reuters) - The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don't need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China.
Weak U.S. manufacturing underscores slowing economic growth
WASHINGTON (Reuters) - New orders for U.S.-made capital goods fell more than expected in April, further evidence that the economy was slowing after a growth spurt in the first quarter that was driven by exports and a buildup of inventories.
China accuses U.S. officials of misleading public on trade war
BEIJING (Reuters) - China on Friday accused U.S. officials of lying to the public about their trade war, as rising tensions between the world's two largest economies kept financial markets in a state of unease.
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New York court dismisses whistleblower's libel suit against UBS
ZURICH (Reuters) - A New York appeals court has dismissed a U.S. whistleblower's $20 million libel suit against Swiss bank UBS, his former employer, concluding that statements the Zurich-based bank made about him were at least "substantially true".
Why pessimism on Social Security could come back to bite millennials
CHICAGO (Reuters) - Why does the word âoldâ come to mind for so many of us when the topic of Social Security comes up? Â
First net inflows into global equities in 10 weeks: BAML
LONDON (Reuters) - Investors have added to their global equity holdings for the first time in 2-1/2 months and continued to pile into bonds, Bank of America Merrill Lynch said on Friday, as worries about the U.S.-China trade spat sent shudders through financial markets.
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