Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
Stocks in Asia Pacific traded higher on Friday morning, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease monetary policy...Asia Marketsread more
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds"...Autosread more
A man suspected of torching Kyoto Animation reportedly doused the studio's entrance with what appeared to be petrol and set it ablaze on Thursday.Asia Newsread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant "send her back" at a rally Wednesday in North...Politicsread more
The computing center launched by BMW and Tencent will start operations by the end of the year. It will provide cars with data-crunching capabilities to help them drive...Technologyread more
See which stocks are posting big moves after the bell on July 18.Market Insiderread more
With millennials set to comprise 75 percent of the global workforce by 2025, there could be challenging times ahead for business leaders, according to a Deloitte study on the attitudes and expectations of generation-Y employees.
Millennials want to work for organizations that foster innovative thinking, develop their skills and make a positive contribution to society, the study, released on Tuesday revealed.
(Read more: This is how fast China's workforce is shrinking)
At the moment, only about half of millennials feel the organization they work for encourages employees to suggest new ways of doing things or rewards them for innovative ideas.
More than 7,800 individuals – born in 1983 or later, holding a college degree and in full-time employment – across 28 countries were surveyed by the management consulting firm.
"It is clear that millennials want to innovate and businesses should be listening," said Barry Salzberg, CEO of Deloitte.
"Fostering a culture of innovation will not only help retain high-performing talent but it will also drive growth by creating opportunities for individuals to unlock the next game-changing innovations," Salzberg said.
(Read more: Britain's workforce: Aboutto be transformed?)
Another source of discontent among gen-Y employees is the lack of attention paid by companies to nurture their future leaders.
Roughly 50 percent of those surveyed agreed their organization does all it can to develop their leadership skills, while this figure was less than 40 percent in France, Spain, South Korea, and Japan.
"Businesses that fail to address these concerns may find they will lose skilled professionals in the years ahead, as many of the most talented members of the millennial generation decide to leave large organizations and instead work for themselves," Deloitte said in a report.
(Read more: Money worries keep Gen Y from buying, leasing cars)
Around 70 percent of those interviewed see themselves working independently at some point, rather than being employed within a traditional organizational structure.
While 52 percent of millennials in developed markets expect to eventually work independently, the danger of losing talent is even greater in emerging markets, where the figure rises to 82 percent.
"Although millennials value its role in creating jobs and expanding prosperity, they have larger ambitions for business. [They] see a large gap between the potential of business to address the challenges facing society and the actual impact it is having," Deloitte said.
(Read more: Gen Y managers perceived as entitled, need polish)
"Fulfilling this potential will require businesses to do a better job of encouraging new thinking within their own organizations to develop innovative products and services, while also working collaboratively with government, with nonprofit organizations, and with other companies to develop creative solutions. The stakes are high," the company added.
—By CNBC's Ansuya Harjani. Follow her on Twitter: