Walt Disney Co's theme parks and a remake of "The Lion King" boosted quarterly earnings past Wall Street targets on Thursday as costs came in lower than expected for its big plunge into streaming entertainment.
The U.S. Agriculture Department is preparing to roll out the second tranche of aid to compensate farmers for losses due to the U.S.-China trade war, Agriculture Secretary Sonny Perdue said on Thursday.
Gap Inc said on Thursday Chief Executive Officer Art Peck will step down and also cut its full-year earnings forecast, blaming slower traffic and operational challenges, sending the apparel maker's shares down 7%.
An agreement between the United States and China to roll back existing tariffs as part of a "phase one" trade deal faces fierce internal opposition in the White House and from outside advisers, multiple sources familiar with the talks said.
Walt Disney Co's popular theme parks and a remake of "The Lion King" pushed earnings past Wall Street targets on Thursday, and the company spent less than it had projected on its big plunge into streaming entertainment.
The Port of Los Angeles, the nation's busiest for ocean trade with China, processed fewer containers of imported and exported goods in October as the U.S.-China trade war roils the domestic economy and global supply chains.
Two Democratic U.S. House lawmakers said on Thursday the Federal Aviation Administration overruled agency technical specialists on two Boeing Co safety issues involving the 737 MAX rudder cable and lightning protection for the 787 Dreamliner that it said could be "potentially catastrophic."
The U.S. Department of Energy said on Thursday that President Donald Trump had formally nominated Deputy Energy Secretary Dan Brouillette, a former vice president of Ford Motor Co and Louisiana state energy regulator, to head the department.
China and the United States have agreed to roll back tariffs on each others' goods in a "phase one" trade deal if it is completed, officials from both sides said on Thursday, sparking division among some advisers to President Donald Trump.
The United States is "very, very optimistic" about reaching a trade deal with China soon, White House spokeswoman Stephanie Grisham told Fox News Channel in an interview on Thursday.
Some Wall Street investors and Democratic donors sharply criticized progressive firebrand Elizabeth Warren's policies on issues from taxation to affordable healthcare because they are impractical.
The U.S. Justice Department has issued civil subpoenas to four major automakers, demanding that they disclose details on a deal struck with California in July to follow strict vehicle emissions standards, a source briefed on the matter said on Thursday.
Two Democratic U.S. lawmakers said on Thursday the Federal Aviation Administration overruled agency technical specialists on two Boeing Co safety issues involving the 737 MAX and the 787 Dreamliner jets that they said could be "potentially catastrophic."
Gap Inc said on Thursday Chief Executive Officer Art Peck will leave the company, a surprise exit in the middle of a restructuring that comes as the apparel retailer slashed its full-year earnings forecast, sending its shares down 7%.
Facebook Inc on Thursday launched a catalog feature for its WhatsApp messaging app, it said in a blog post, building out the service's e-commerce tools as it moves slowly toward monetizing the app it bought in 2014 for $19 billion.