U.S. stocks rose by about 1% for the second straight day on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple's shares lifted the technology sector.
Apple Inc has removed an app that helped Hong Kong protesters track police movements, saying it was used to ambush law enforcement, following sharp criticism of the U.S. tech giant by a Chinese state newspaper for allowing the software.
Stocks were near session highs on Thursday after U.S. President Donald Trump said he would meet with China's top trade negotiator on Friday, while oil rose as OPEC pledged a decision on supply at its December meeting.
Boeing Co said on Thursday that airlines had inspected 810 of the company's 737 NG jets around the world and found 38 structural cracks requiring repair and replacement of the affected parts.
For investors reading the tea leaves of every trade headline, watch these stocks as they will tell you first if any progress is made.
Wells Fargo & Co is boosting its teams that process mortgage loans to prepare for higher mortgage volumes, changing course after it laid off about 1,000 employees https://www.reuters.com/article/us-wells-fargo-layoffs/wells-fargo-plans-1000-u-s-job-cuts-idUSKCN1NK2P7 in the division in 2018, according to a memo viewed by Reuters.
German fashion house Hugo Boss cut its 2019 earnings forecast again, citing weak demand in the United States and Hong Kong, and reported third quarter results that were below its expectations.
Waving a placard on the picket line outside a General Motors Co truck plant in Flint, Michigan, Robert Bacon says he has no money to spend. His $250-a-week strike pay barely covers his food and gas.
U.S. presidential candidate Elizabeth Warren called on AT&T Inc to reject an activist investor plan she said would lead to job cuts, staking out a different position than President Donald Trump who has cheered the investor's involvement.
U.S. stocks rose in early afternoon trading on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple's shares lifted the technology sector.
U.S. planemaker Boeing Co said on Thursday it was working with Volkswagen's sports car brand, Porsche, to develop a concept electric flying vehicle capable of transporting people in urban settings.
Markets are "hostage to events that are not only totally out of our hands, but I think totally out of the president's hands," says CNBC's Jim Cramer.
Apple Inc Chief Executive Tim Cook on Thursday defended the iPhone maker's decision to remove a police-tracking app used by protesters in Hong Kong from its App Store, according to a copy of the letter seen by Reuters and confirmed by Apple.
London Stock Exchange has given assurances to Italy that it plans to continue investing in its Italian trading platforms and does not intend to move them out of the country, a Bank of Italy source told Reuters on Thursday.
General Motors chief executive Mary Barra met with senior United Auto Workers officials on Wednesday to discuss the company's most recent proposal aimed at ending a more than three-week-old strike that has cost the largest U.S. automaker more than $1 billion in lost profits, sources briefed on the matter said Thursday.