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Southwest extends Boeing 737 MAX cancellations until early March

Southwest Airlines is extending the cancellation of Boeing Co 737 MAX flights from its schedule by another month, through March 6, 2020, according to a regulatory filing.



5 years ago

JP Morgan's top quant says the 'once in a decade' rotation into value stocks will continue

The rotation into value and out of momentum has more room to run on the back of improving macro environment, said J.P. Morgan's quant guru Marko Kolanovic.

5 years ago

Indexes trade near flat, pause as trade deal doubts resurface

U.S. stocks were near unchanged on Friday after President Donald Trump said he has not agreed to a rollback of U.S. tariffs sought by China, fueling doubts about the progress of trade talks between the two countries.



5 years ago

Gap commits to Old Navy split; CEO exit won't impact holiday shopping season

Gap Inc said on Friday it was sticking with plans to spin off its Old Navy brand into a separate company, as Wall Street analysts questioned its commitment to the project following the surprise exit of Chief Executive Officer Art Peck.



5 years ago

Southwest pulls Boeing Max jets until March, in longest U.S. delay yet

Southwest Airlines said on Friday it is extending the cancellation of flights using 737 MAX jets from its schedule by another month as Boeing Co faces increasing hurdles in winning approval to return the plane to service before the end of this year following two fatal crashes.



5 years ago

Trade deal doubts clip world stock rally, oil wavers

Oil prices faltered and global equity markets slid on Friday, halting a week-long record-setting rally on hopes a U.S.-China trade deal was near, as investors parsed statements from Beijing and Washington on where they stand on rolling back tariffs.



5 years ago

U.S. Supreme Court to consider blocking Booking.com trademark

The U.S. Supreme Court on Friday agreed to consider a bid by a federal agency to prevent the popular hotel reservation website Booking.com, a unit of Booking Holdings Inc , from trademarking the site's name, contending that it is too generic to deserve legal protection.



5 years ago

S&P 500 posts fifth week of gains as Wall St. hits records

The three major U.S. stock indexes posted record closing highs and the S&P 500 registered a fifth straight week of gains on Friday as investors brushed aside worries over the progress of U.S.-China trade talks and as Walt Disney shares rose.



5 years ago

Southwest pulls Boeing Max jets until March, nearly a year after grounding

Southwest Airlines said on Friday it is extending Boeing 737 MAX cancellations until March 6, 2020, just shy of the one-year anniversary of an Ethiopian Airlines crash of the jet that led to a worldwide grounding.



5 years ago

Disney pops 3% as streaming hopes trump earnings decline: Market 'sensing big things are brewing'

Disney shares jump as Wall Street analysts got excited about the media giant rolling out its streaming service soon.

5 years ago

Southwest pulls 737 MAX until March, nearly a year after grounding

Southwest Airlines said on Friday it is extending Boeing 737 MAX cancellations until March 6, 2020, just shy of the one-year anniversary of an Ethiopian Airlines crash of the jet that led to a worldwide grounding.



5 years ago

American Airlines follows Southwest in pulling 737 MAX until early March

American Airlines Group Inc said on Friday it is extending cancellations of Boeing Co 737 MAX flights through March 4, 2020, mirroring an earlier announcement by Southwest Airlines .



5 years ago

General Dynamics wins $732 million U.S. defense contract: Pentagon

General Dynamics Corp has been awarded a $732 million U.S. defense contract for sustainment of the Mobile User Objective System ground system, a narrowband military satellite communications system, the Pentagon said on Friday.



5 years ago

WeWork to divest all non-core businesses

The We Company, owner of office-space sharing company WeWork, disclosed on Friday it will divest all non-core businesses and reduce headcount across its ventures as part of a 90-day plan.



5 years ago

White House optimistic on prospects for China trade deal, official tells CNBC

The White House is "very optimistic" it will reach a so-called phase one trade pact with China before the end of the year, a senior administration official said on Friday, adding that a deal would likely be struck before more tariffs take effect in mid-December.



5 years ago