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
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
See which stocks are posting big moves after the bell on July 18.Market Insiderread more
House Democrats contend the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.Politicsread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
Check out which companies are making headlines before the bell:
Cal-Maine Foods—The nation's largest egg producer earned 76 cents per share for its latest quarter, short of the 85 cent consensus estimate. The company also warned that its results would be impacted by a new California law regarding egg sales that will go into effect on January 1.
Norwegian Cruise Line—Norwegian said an engine room fire that took one of its ships out of service will shave 5 cents per share off earnings in both the fourth and first quarters. The fire forced the complete cancellation of one cruise and part of another.
Citigroup—Citi will reportedly sell its Japanese retail banking operations to Japan's Sumitomo for about $330 million, according to Reuters.
Wal-Mart—The retail giant will be adjusting base salaries at about one third of its U.S. locations, according to an internal memo seen by Reuters. That comes due to minimum wage hikes in 21 states that take effect in 2015.
UPS, FedEx—The two companies are limiting the number of air express deliveries they will accept ahead of the holidays, according to The Wall Street Journal. The paper said the two companies are trying to avoid overloading their systems, to avoid a repeat of last year when some packages were delivered too late for the Christmas holiday.
Brookfield Residential Properties—The real estate company will be taken private by Brookfield Asset Management, which already owns about 70 percent of the company.
Apple, Microsoft, BlackBerry, Ericsson, Sony—The Rockstar Consortium – consisting of these companies—has sold about 4,000 former Nortel Networks patents to patent management company RPX Corp. for about $900 million. The group had originally bought 6,000 Nortel patents for $4.5 billion.
Novo Nordisk—The drug maker received FDA approval for its injectable obesity drug Saxenda.
Sony—The company is considering a sale of its Sony/ATV music publishing business, which owns the Beatles catalogue, according to the Wall Street Journal.
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