Boeing net orders slump to lowest in decades

David Calhoun takes the yoke of Boeing as CEO amid 737 Max concerns David Calhoun takes the helm of Boeing as CEO with a $7 million bonus incentive to get the 737 Max back in the air. FOX Business’ Kristina Partsinevelos with more. (Reuters) – Boeing Co reported its worst annual net orders in decades on Tuesday, along with its lowest numbers […]

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Stocks slump after US expands trade war to Mexico

U.S. stocks tumbled on Wall Street Friday after the U.S. announced plans to expand its trade war to Mexico. Continue Reading Below The slump all but guarantees that May will be the first monthly loss for the market in 2019. The new front in the trade war is hitting automakers particularly hard. Many of them import vehicles into the U.S. […]

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Ryanair profits slump 29% due to fare and costs turbulence

Ryanair has reported a 29% dip in annual profits to just over €1bn (£890m) as weaker fares and higher costs weighed on its bottom line. The no-frills carrier reported on its progress as the sector navigates turbulence from rising fuel costs and stiff competition – headwinds that have seen the likes of Flybmi and WOW collapse in recent months. Ryanair […]

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Stocks slump as investors wait for details on trade talks

Stocks declined broadly on Wall Street Monday afternoon, knocking more than 300 points off the Dow Jones Industrial Average. Continue Reading Below Health care, technology and financial stocks took the heaviest losses. The broad sell-off came as investors waited for more details on reports that the U.S. and China are moving closer to a deal to resolve their costly trade […]

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US stocks slump as Trump-Kim summit ends without deal

Good move by Trump to walk away from North Korea summit without a deal? Forbes Media Chairman Steve Forbes, Fox News contributor Morgan Ortagus and FBN’s Dagen McDowell on the U.S. and North Korea leaving the summit in North Korea without a deal. Stocks slumped modestly Thursday after an abrupt and apparently unsuccessful summit between President Trump and North Korean leader […]

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Markets Right Now: Tech stocks rise after a 3-day slump

The latest on developments in financial markets (all times local): 9:35 a.m. Continue Reading Below Stocks are opening broadly higher on Wall Street as technology companies rise after a three-day losing streak. Microsoft climbed 1 percent in early trading Tuesday. Industrial companies were also higher. Boeing rose 1.6 percent and 3M gained 1.8 percent. Several companies were making big moves […]

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The 'epicentre of the downturn': Sydney housing slump to last until at least 2020, say economists

Sydney's property market slump will last at least another two years as tougher lending standards and buyer nerves weigh on prices. That's the consensus from a Bloomberg survey of 15 economists, over a third of which have turned more pessimistic within the last three months. Sydney house prices are tipped to continue slumping. Prices Australia-wide have fallen for nine straight […]

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