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Boeing expects flat margins, possibly profit at commercial airplane division
Boeing forecasts flat or possibly positive margins in 2026 for its commercial airplane division, aiming to increase 737 MAX production and deliveries.
Trump seeks to delay meeting with China’s Xi by ‘a month or so’
U.S. President Donald Trump requests to delay his China trip by about a month due to the Iran war, affecting U.S.-China relations and foreign policy.
Saks Global secures $300M bankruptcy funding, bondholders back five-year plan
Saks Global accessed $300 million of its $1.75 billion bankruptcy financing and gained bondholder support for a five-year business plan to stabilize operations.
US manufacturing output increases; homebuilder sentiment ticks up
WASHINGTON, March 16 (Reuters) – U.S. factory production increased marginally in February as manufacturing remained constrained by tariffs on imports, and the conflict in the Middle East could raise operating costs. Other data on Monday showed sentiment among single-family homebuilders nudging up in March. Manufacturing an[...]
Oil prices ease as US says it is fine with some ships going through Strait of Hormuz
Oil prices eased after the US approved some Iranian, Indian, and Chinese ships passing through the Strait of Hormuz amid ongoing Iran war tensions and emergency reserve talks.
Encyclopedia Britannica sues OpenAI over AI training
Encyclopedia Britannica and Merriam-Webster sued OpenAI in Manhattan federal court for allegedly using their content without permission to train AI models like ChatGPT.
Meta shares jump after Reuters report on plans for layoffs of 20% or more
Meta Platforms plans to cut 20% or more of its workforce to offset heavy AI spending, aiming for significant cost savings and productivity gains, Reuters reports.
CEO pay to be clawed back when banks fail under new Senate plan
A new Senate bill aims to require clawbacks of bonuses and stock sales from executives responsible for large bank failures, increasing accountability in the US banking sector.
Trump says he’s looking at loosening Jones Act shipping rules
U.S. President Donald Trump said he is reviewing the possibility of loosening shipping rules under the Jones Act, according to a Fox News interview.
U.S. auto sales could plunge amid war in Iran, historical data shows
U.S. auto sales could sharply decline due to the Iran war, with historical data from Anderson Economic Group showing drops over 10% during past oil crises and conflicts.
Warsh’s room to move at the Fed may narrow in a war-clouded outlook
Kevin Warsh's potential to ease Fed monetary policy is limited by rising oil prices and inflation risks amid the Iran conflict, delaying expected rate cuts.
US fourth-quarter GDP growth revised down to 0.7%
U.S. GDP growth for the fourth quarter was revised down to 0.7% due to lower consumer spending, business investment, and export growth, government data shows.
