Breaking: Boeing Stock Plummets after President Trump Halts 737 MAX 8 Flights

Boeing stock is in free-fall on Wednesday afternoon after US President Donald Trump announced that he had instructed the Federal Aviation Administration to halt all Boeing 737 MAX 8 and 9 flights following the Sunday crash of Ethiopian Airlines flight 302. Trump Halts Boeing MAX 737 8 Flights “All of those planes are grounded, effective immediately,” Trump said at the White House, adding that the FAA would provide more details in the coming hours. pic.twitter.com/2qWkPuFDL6 — Donald J. Trump (@realDonaldTrump) March 13, 2019 According to Trump, the FAA became aware…

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Trump Calls Apple CEO Tim Cook ‘Tim Apple’, Just Another Nickname from the President

Most of the recipients of the nicknames that President Donald Trump regularly dishes come to learn of it from a distance. For Apple CEO Tim Cook though, it was different. Cook was sitting to Trump’s right when Trump referred to him as ‘Tim Apple’ during an American Workforce Policy Advisory Board meeting. Trump was expressing his gratitude for the iPhone maker’s contribution to the U.S. economy when he said ‘we appreciate it very much Tim Apple’. Trump just called Apple CEO Tim Cook “Tim Apple” pic.twitter.com/gTHHtjWvc9 — Sean O'Kane (@sokane1)…

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Not Feeling the Bern? US Voters Turned Off By Socialists, Want President Under Age 40 in Blow to Bernie Sanders

A new NBC/WSJ poll has revealed what Americans don’t want as president – a socialist or a septuagenarian over 75. Unfortunately for Democrats, their two front-runners each possess at least one of those two qualities. Vermont Senator Bernie Sanders, 77, is an avowed socialist, according to Bloomberg. Though former vice president Joe Biden is yet to declare his candidacy, he is 76. Specifically, the poll found that only 37 percent of the respondents found a presidential candidate over 75 desirable. Majority of voters, in fact, indicated they would be enthusiastic or…

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US-China Trade Optimism Fuels $1 Trillion Chinese Stock Rally

Following a period of economic turmoil caused by trade friction between the U.S. and China, Chinese markets are experiencing an extraordinary recovery driven by indications that Donald Trump may be softening his hard line in trade negotiations between the world’s two largest economies. After Trump announced that he would postpone the March 1 deadline for Chinese import tariff hikes, the CSI 300 Index recorded a 6 percent surge last Monday. The Shanghai Composite Index also recorded its best day since June 2015, after it closed with a 5.6 percent gain.…

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Egyptian Billionaire Naguib Sawiris Defends Trump’s Trade War, Blasts China for ‘Raping Us’

In what is bound to be pleasing to the ears of U.S. President Donald Trump, Egyptian billionaire Naguib Sawiris has sided with the hardline stance that the leader of the world’s largest economy has taken amid the ongoing U.S.-China trade war. Speaking with CNBC, Sawiris agreed with Trump’s well-known sentiment that China has been taking advantage of the United States and other countries. “President Trump is right about that: This has been a long time where we closed eyes on China raping us.” Sawiris has expressed his fondness for Trump…

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Dow Erases Big Gains as Clock Ticks on Government Shutdown, US-China Trade Negotiations

The U.S. stock market traded mixed-to-lower on Monday, as the Dow and other major indexes gave back gains amid high-stakes trade negotiations between the United States and China. DOW SWINGS LOWER The Dow Jones Industrial Average opened 136 points higher on Monday and was up by as much as 190 points through the early morning. The gains, which reflected a strong pre-market session for Dow futures, quickly evaporated as investors braced for a big week. At the time of writing, the blue-chip index was down 18 points, or 0.1%, at…

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‘Major Announcement’: Is Donald Trump Preparing to Declare a National Emergency to Gain Wall Funding?

U.S. President Donald Trump has promised to make a ‘major announcement’ on Saturday afternoon. This comes as the partial government shutdown nears the one-month mark. Without going into much detail, Trump said the focus of the announcement would be on the partial government shutdown and the ‘Humanitarian Crisis on our Southern Border’: I will be The post ‘Major Announcement’: Is Donald Trump Preparing to Declare a National Emergency to Gain Wall Funding? appeared first on CCN

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Dow Rally Plows Ahead as China Trade Optimism Grows

Stock indices including the Dow traded higher after Wednesday’s open and were on track for their fourth consecutive daily advance, as sentiment around U.S.-China trade negotiations improved following the conclusion of mid-level talks in Beijing. Recovery Continues All of Wall Street’s major indexes were holding onto firm gains as of mid-morning, with the Dow Jones The post Dow Rally Plows Ahead as China Trade Optimism Grows appeared first on CCN

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