Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Facebook has stopped paying commission to staff for selling political advertisements on its platform, The Wall Street Journal reported.Technologyread more
Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as low refinery runs and ongoing trade tensions weighed on the...Energy Commoditiesread more
U.S. manufacturer growth hit new lows in May, the latest sign that the economic slowdown accelerated amid the ongoing trade war.Economyread more
Wall Street is under pressure, but a handful of stocks are breaking out to new highs. McDonald's, Waste Management, Hershey, Visa and Costco have notched records this month,...Trading Nationread more
No timetable has been set on returning the money to outside investors in Tepper's Appaloosa Management, source says.Hedge Fundsread more
Huawei is winning over more and more Apple fans in China as the escalated trade tensions stoked "nationalist sentiment," according to South China Morning Post.Marketsread more
Celebrity chef Mario Batali is being charged with indecent assault and battery, more than a year after admitting to sexual misconduct.Restaurantsread more
Airbus’s new mega-transport aircraft has been painted to look like its namesake, the Beluga whale.
The BelugaXL is one of the largest aircraft in existence and is used to airlift completed sections of planes from different manufacturing sites in Europe to Airbus's final assembly lines in France, Germany and Spain.
In a press release Thursday, Airbus said the plane’s "smiley" livery was one of six submitted to Airbus employees to vote for their favorite in a poll that saw 20,000 participate.
The BelugaXL is six meters longer, one meter wider and holds a payload capacity six tons greater than the BelugaST transporter version it is replacing. Airbus said it would be able to transport both wings of an A350 XWB jetliner at once.
The transporter will now undertake ground tests before its first flight, which is planned for this summer.