Boeing nears partnership to bid for international T-7 trainer opportunity

Boeing T-7 trainer jet on runway preparing for international military training missions.

Dubai, United Arab Emirates — Boeing (BA.N) is close to announcing a strategic partnership to pursue an international sales opportunity for its T-7 advanced trainer, company executives said Sunday, highlighting rising global demand for lightweight military training jets. At a briefing ahead of the Dubai Airshow, Boeing officials confirmed the partnership announcement is expected within … Read more

Trump bond purchases top $82 million as ethics filings show expanded investments

WASHINGTON — President Donald Trump made at least $82 million in bond acquisitions from late August to early October, according to newly released federal ethics filings that outline a surge in investment activity across corporate and municipal markets.  The documents, published Saturday by the US Office of Government Ethics, show more than 175 individual transactions … Read more

US clears way for talks on Lukoil foreign assets sale

U.S. officials discuss the sale of Lukoil foreign assets amid sanctions on Russian oil companies

WASHINGTON — The US Treasury Department on Friday issued licenses that permit potential buyers to negotiate the purchase of Russia’s Lukoil foreign assets, even as the company remains under sweeping sanctions.  The decision comes amid growing international concern over the impact of Russian oil sanctions on global energy markets. The US imposed sanctions on Lukoil … Read more

Mega Millions winning numbers: Georgia ticket wins $980 million jackpot after record streak

Mega Millions winning numbers displayed on lottery screen after Georgia ticket wins $980 million jackpot

A single ticket sold in Georgia matched all six Mega Millions winning numbers in the Friday, Nov. 14 drawing, bringing an end to the game’s longest streak without a jackpot winner since its launch in 2002.  The winning ticket claimed an estimated $980 million prize, according to lottery officials. The winning numbers were 1, 8, … Read more

US South Korea shipbuilding deal anchors $150 billion investment and major tariff cuts

South Korean and U.S. officials signing a major economic agreement outlining a $150 billion shipyard investment as part of the US South Korea shipbuilding deal.

WASHINGTON — The US South Korea shipbuilding investment and subs trade deal was unveiled Friday as the two governments released detailed terms of a sweeping economic and security agreement that includes a South Korean pledge to invest $150 billion in American shipbuilding and another $200 billion in broader industrial sectors.  The announcement followed months of … Read more

Dow, Nasdaq, S&P 500 fall as Fed rate cut worries weigh on Wall Street

A financial trader works in a dimly lit office as a screen shows declining Dow, Nasdaq, and S&P 500 percentages amid Fed rate cut worries.

US stocks closed lower Thursday as major indexes retreated on renewed Fed rate cut worries, with the Nasdaq Composite posting the sharpest losses.  The Dow Jones Industrial Average, S&P 500 and Nasdaq all fell throughout the session as investors digested mixed economic data and shifting expectations for central bank policy.  Concerns intensified after President Trump … Read more

Denies $1 billion Nvidia investment in northern Mexico after governor’s announcement

“Nvidia investment in northern Mexico: Green AI data center powered by advanced Nvidia technology in Nuevo Leon

MONTERREY, Mexico — Nvidia Corp. denied plans to invest $1 billion in the northern Mexican state of Nuevo Leon, hours after Governor Samuel Garcia announced the technology giant would build a green data center there.  The clarification comes amid confusion over the scope of the project and the role of Nvidia in local technological development. … Read more

AMD growth targets drive shares higher as company eyes $100B data center revenue

NEW YORK — Advanced Micro Devices Inc. (AMD) shares rose nearly five percent in premarket trading Wednesday following the company’s announcement of aggressive long term growth targets aimed at capturing a larger slice of the artificial intelligence chip market from market leader Nvidia. The Santa Clara, California based semiconductor company on Tuesday unveiled plans to … Read more

Stock market today: Dow hits record high as shutdown optimism lifts Wall Street, Nvidia drags Nasdaq lower

Stock market today shows Dow Jones hitting record high while Nasdaq dips amid Nvidia decline and shutdown optimism.

NEW YORK — The Dow Jones Industrial Average surged more than 500 points Tuesday to close at a record high, buoyed by growing optimism that Washington is nearing an end to the record breaking government shutdown.  But the broader US market showed mixed results, as a sell off in technology shares led by Nvidia dragged … Read more