U.S. Durable Goods Orders Tumble 1.1% Amid Slump In Aircraft Demand

A report released by the Commerce Department on Thursday showed a steep drop in orders for transportation equipment contributed to a bigger than expected decrease in U.S. durable goods orders in the month of September. The Commerce Department said durable goods orders tumbled by 1.1 percent in September after rising by a revised 0.3 percent in August. Economists had expected […]

Read more

U.S. Durable Goods Orders Unexpectedly Show Modest Increase In August

Durable goods orders in the U.S. unexpectedly showed a modest increase in the month of August, according to a report released by the Commerce Department on Friday. The Commerce Department said durable goods orders rose by 0.2 percent in August after jumping by 2.0 percent in July. The continued increase surprised economists, who had expected orders to slump by 1.0 […]

Read more

U.S. Durable Goods Orders Jump Amid Continued Rebound In Aircraft Demand

Reflecting a continued spike in orders for transportation equipment, the Commerce Department released a report on Monday showing new orders for U.S. durable goods jumped much more than expected in the month of July. The report said durable goods orders surged up by 2.1 percent in July following a downwardly revised 1.8 percent increase in June. Economists had expected orders […]

Read more

Surprise gain in Japan's machinery orders points to solid business investment

TOKYO (Reuters) – Japan’s machinery orders unexpectedly rose for a third straight month in April, in a sign business investment is holding up even as an intensifying Sino-U.S. trade war and global slowdown pile pressure on the country’s export sector. Cabinet Office data released on Wednesday showed core machinery orders, a highly volatile data series regarded as an indicator of […]

Read more

Planemakers race for wide-body orders in Asia showdown

(Reuters) – Airbus and Boeing are battling for wide-body aircraft orders worth well over $10 billion as the clock ticks toward next week’s Paris Airshow, industry sources said. The contests include a fight for business at Philippines budget airline Cebu Air as Airbus seeks a new foothold for its slow-selling A330neo airliner in the face of competition from Boeing’s 787 […]

Read more

Judge orders Facebook to turn over records on data privacy

A Delaware judge is ordering Facebook to turn over internal records regarding data privacy and access to user data. Thursday's ruling involves an investor lawsuit seeking company records to investigate potential wrongdoing and mismanagement by Facebook directors regarding data privacy breaches. Continue Reading Below The lawsuit followed reports that the data of more than 50 million Facebook users had been […]

Read more

Trump signs orders making it harder to block pipelines

President Donald Trump takes a tour before speaking about energy and infrastructure at the International Union of Operating Engineers International Training and Education Center, Wednesday, April 10, 2019, in Crosby, Texas. (AP Photo/Evan Vucci) President Donald Trump's support for shifting more power to states on Wednesday faded next to his affinity for oil and gas production, as he aimed to […]

Read more
1 2 3