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
Earlier this week, SpaceX successfully launched its Falcon 9 rocket on a cargo run to the International Space Station. While this is great news for Elon Musk as CEO of SpaceX, Kensho shows mixed results in the weeks following for Musk's two publicly traded companies, Tesla Motors and SolarCity. Since 2008, Tesla shares have traded lower in the week following a SpaceX launch more than 60 percent of the time.
SpaceX launches have also had a mixed impact on the two companies that make up the company's biggest public competitor. Shares of Boeing and Lockheed Martin, whose joint venture, the United Launch Alliance, competes with SpaceX for government contractors, tend to trade in opposite directions after a SpaceX launch.
Boeing moves higher 63 percent of the time in the week after a launch, while Lockheed shares move lower 59 percent of the time.