Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Boeing CEO Dennis Muilenburg said Monday that the company has conducted almost 500 test flights with a new software update to its grounded 737 Max planes that he hopes will help win back the confidence of the flying public.
"We know that trust has been damaged over the last few months, and we own that and we are working hard to re-earn that trust going forward," Muilenburg said in an interview at the Global Business Travel Association conference in Chicago. He said the company has focused on updating software to make the Boeing 737 Max as safe as possible.
The planes have been grounded worldwide since mid-March after two crashes within five months of one another claimed 346 lives.
Muilenburg said that he has personally flown on two of the test flights, and that Boeing employees are "eager to do the same."
Boeing announced in July that the company will take a $4.9 billion charge in the second quarter due to the jetliner's grounding. The company reported its worst ever quarterly loss of $2.9 billion later that month.
Muilenburg also reiterated the company's plan to submit a certification package to the Federal Aviation Administration in September, and that he expects the 737 Maxes to return service early in the fourth quarter.
Boeing shares fell to 2.5% to close at a nearly seven-month low of $331.06 on Monday in a broad market swoon.