These are the stocks posting the largest moves before the bell.Market Insiderread more
Qualcomm suppressed competition in the market for cellphone chips and used its position to impose excessive licensing fees, a U.S. judged ruled.Technologyread more
Morgan Stanley caused a stir with its "bear case" scenario of $10. Now, Citi is getting in on the act.Investingread more
Treasury Secretary Steven Mnuchin is scheduled to testify before the House Financial Services Committee on Wednesday about the international financial system.Politicsread more
Target's e-commerce sales also surged 42%, as shoppers increasingly turned to its curbside pickup service for online orders, something Amazon can't offer.Retailread more
Stock markets are slowly healing from the worst of the month's trade war sell-off, and one under-the-surface indicator suggests the S&P 500 might completely recover before...Trading Nationread more
Treasury Secretary Steven Mnuchin said nothing is scheduled yet for the U.S. to go to Beijing for the next round of trade talks.Marketsread more
Homeowners are taking advantage of lower interest rates, rushing to refinance their mortgages before rates potentially turn higher again.Real Estateread more
The U.S. Justice Department's Antitrust Division staff has recommended the agency sue to block T-Mobile US's $26 billion acquisition of smaller rival Sprint, according to two...Technologyread more
Here are the biggest calls on Wall Street on WednesdayInvestingread more
Lowe's shares plummeted 8% before the bell Wednesday after the company posted mixed fiscal first-quarter results and cut its forecast for the year, as higher costs weighed on...Retailread more
American Airlines will extend flight cancellations through June 5, more than a month longer than previously announced, as Boeing 737 Max planes remain grounded.
American previously announced it would cancel approximately 90 flights a day through April 24. The extension is sure to cause headaches for travelers, and hints at the industry disruption caused by a global grounding of the Boeing 737 Max.
Boeing is working to fix software shortcomings on the planes after two fatal crashes and an international probe. It announced Friday it plans to cut production of the 737 Max beginning in Mid-April.
American flies 24 of the 737 Max planes and said it is awaiting information from U.S. regulatory bodies. Customers affected by the cancellations will be contacted by American representatives with available re-bookings.
"We know these cancellations and changes may affect some of our customers, and we are working to limit the impact to the smallest number of customers," the company said in a statement to CNBC.
Here's the airline's full statement:
American continues to await information from the Federal Aviation Administration (FAA), Department of Transportation (DOT), National Transportation Safety Board (NTSB), other regulatory authorities and Boeing that would permit the 24 Boeing 737 MAX aircraft in our fleet to resume flying.
In an effort to provide more certainty and avoid last minute flight disruptions, American has extended cancellations through June 5. This will result in the cancellation of approximately 90 flights each day based on our current schedule. By proactively canceling these flights, we are able to provide better service to our customers with availability and rebooking options.
American's Reservations team will contact affected customers directly by email or telephone. We know these cancellations and changes may affect some of our customers, and we are working to limit the impact to the smallest number of customers.