Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Such a deal could include agreements on "easy items" such as China buying more U.S. agriculture products, says Blackstone Executive Vice Chairman Tony James.World Economyread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread more
The Joint Authorities Technical Review team, or JATR, will evaluate the automated flight control system, or MCAS, many people suspect may have caused two fatal crashes of the popular jets that killed 346 people since October.
Chaired by former National Transportation Safety Board Chairman Chris Hart, the task force will also review the MCAS' "design and pilots' interaction with the system, to determine its compliance with all applicable regulations and to identify future enhancements that might be needed," the FAA said.
Separately, Boeing said CEO Dennis Muilenburg accompanied pilots aboard a successful 737 Max jet test flight on Wednesday.
"The flight crew performed different scenarios that exercised various aspects of the software changes to test failure conditions," Boeing said in a statement. "The software update worked as designed, and the pilots landed safely at Boeing Field."
The FAA and Boeing have been under a microscope since the crashes and the plane has been grounded since mid-March following the deadly accidents that killed all 346 people aboard the jets.
Boeing said it will continue testing the aircraft and submit its safety updates to the FAA once that's complete "in the coming weeks."
Flight data retrieved from both planes black boxes show striking similarities between the two crashes, investigators have said. Boeing's MCAS system, which is designed to prevent the plane from stalling by pushing its nose down if it climbs too high too fast, is suspected as contributing to both crashes.
Boeing stock closed down almost 2 percent on Wednesday.