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United Airlines' plans to sunset 757s depends on 737 MAX timing: COO

United Airlines wants to sunset older Boeing Co 757s "as soon as possible" but the timing will depend on when the Boeing 737 MAX starts flying again, Chief Operating Officer Andrew Nocella told journalists on Friday.



5 years ago

Micron launches new storage drives to challenge Intel in data centers

(The October 24 story corrects to reflect that Micron's new devices are solid-state drives rather than hard drives with spinning disks.)



5 years ago

S&P 500 rises above record closing high on U.S.-China trade progress

The S&P 500 on Friday rose above its record closing high after Washington said it was close to finalizing parts of a trade pact with Beijing.



5 years ago

Fisher withdrawals top $3 billion as Texas retirement plan exits

The Employees Retirement System of Texas on Friday announced it would divest $350 million from Fisher Investments. In the last two weeks the firm has lost $3 billion as pensions and firms exit.

5 years ago

Exclusive: Qatar pushes for Deutsche Bank chairman to go - sources

Qatari investors in Deutsche Bank want the lender's chairman to leave after he botched an attempt to appoint their envoy to the board, people familiar with the matter said.



5 years ago

Richemont teams up with designer Alber Elbaz for fashion venture

Richemont said on Friday that it was teaming up with former Lanvin designer Alber Elbaz for a new venture at a time when luxury goods groups are vying to make star hires.



5 years ago

Fiat Chrysler recalls 108,000 diesel Ram 1500 pickup trucks for coolant leaks

Fiat Chrysler Automobiles NV said on Friday it is recalling 108,000 Ram 1500 diesel-powered pickup trucks in the United States for coolant leaks tied to reports of some fires and four minor injuries.



5 years ago

Oil prices edge up, on track for strong weekly gain

Oil prices inched up on Friday and were headed for the strongest weekly gains in more than a month as support from falling U.S. crude stocks, optimism over a U.S.-China trade deal and possible action from OPEC and its allies to extend output cuts outweighed broader economic concerns.



5 years ago

United wants Azul in Latin American venture with Copa, Avianca

United Airlines wants to include Brazil's Azul in its planned tie-up with Copa Holdings and Colombia's Avianca Holdings to create a four-way partnership in Latin America, a senior executive said on Friday.



5 years ago

Fisher loses another $584 million from high-profile clients

A Texas retirement system and Goldman Sachs Group Inc pulled a combined $584 million from Fisher Investments on Friday, after allegations that firm founder Ken Fisher made sexist comments at a conference.



5 years ago

Russia affirms close oil cooperation with Saudi Arabia, OPEC+

Russia's energy ministry said on Friday it continues close cooperation with Saudi Arabia and OPEC and non-OPEC oil producers to enhance market stability and predictability.



5 years ago

U.S. government's annual budget deficit largest since 2012

The U.S. government ended fiscal year 2019 with the largest budget deficit in seven years as gains in tax receipts were offset by higher spending and growing debt service payments, the Treasury department said on Friday.



5 years ago

Oil prices clock strong weekly gains on trade hopes, crude supply

Oil prices rose on Friday, registering the strongest weekly gains in more than a month as support from optimism over a U.S.-China trade deal, falling U.S. crude stocks and possible action from OPEC to extend output cuts outweighed broader economic concerns.



5 years ago

White House adviser Navarro fighting 'Phase One’ of U.S.-China trade dealL CNBC

White House trade adviser Peter Navarro is fighting "Phase One" of the China trade deal announced by U.S. President Donald Trump on Oct. 11, CNBC reported on Friday, citing sources.



5 years ago

S&P 500 approaches record high on U.S.-China trade progress

The S&P 500 rose on Friday, briefly surpassing its record closing high, after Washington said it was close to finalizing parts of a trade pact with Beijing.



5 years ago