It was the third trigger of the recession indicator in less than two weeks.Bondsread more
U.S. manufacturer growth slowed to the lowest in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown.Marketsread more
Philadelphia Fed President Patrick Harker said he doesn't see the case for additional stimulus after the Federal Reserve's July rate cut.The Fedread more
Stocks fell as fears of an economic recession built up ahead of a key speech from Federal Reserve Chairman Jerome Powell.US Marketsread more
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
German Chancellor Angela Merkel said a solution to the Irish "backstop" is possible before the October 31 Brexit deadline.Europe Economyread more
Apple plans to unveil three new iPhones in September, including two new "Pro" models and a successor to the iPhone XR, Bloomberg reported Thursday.Technologyread more
A ruling against J&J could mean more big payouts in similar cases across the country.Health and Scienceread more
While Volkswagen may not want to invest in Tesla, the U.S. carmaker has been scouting locations in Europe for a new Gigafactory there.Autosread more
Corporate profits posted modest growth in the second quarter as companies brace for slowing global growth.Retailread more
Bombardier said on Thursday it received a letter of intent from a European customer to buy up to 61 CSeries jets, while reporting a larger loss for the third quarter.
The Canadian plane and train maker said the letter of intent includes 31 firm orders and options for another 30 jets. Based on list prices, the firm order would be valued at about $2.4 billion, Bombardier said.
That amount would increase to nearly $4.8 billion should the options be exercised.
The company did not disclose the customer.
European planemaker Airbus recently agreed to take a majority stake in the CSeries program for $1, in a deal expected to help the struggling line of planes that have not made a single sale in over a year.
For the third quarter, Bombardier posted a net loss of $117 million or 5 cents a share, compared to a loss of $94 million or 4 cents per share in the same quarter last year.
Revenue came in at $3.8 billion, slightly up from $3.74 billion last year.