Boeing Files Petition With Commerce Dept. Over Bombardier
Boeing called on U.S. trade officials to launch a probe into the sales practices of Bombardier for its new CSeries jet.
Tech Giants Alphabet and Amazon Extend Earnings Boom
Amazon and Google parent Alphabet reported booming quarterly sales and profits, showing that the tech giants continue to extend their dominance and shuck off concerns that might have dampened growth.
Purdue University to Acquire Kaplan University
Purdue University, one of the nation’s largest public schools, is buying Kaplan University, a privately held, for-profit online school that enrolls 32,000.
Russian Military Ship Sinks in Black Sea After Collision With Freighter
A Russian military reconnaissance ship sank in the Black Sea following a collision with a cargo ship near the mouth of the Bosphorus, Interfax agency reported.
American Airlines Earnings Beat Estimates As Expenses Creep Upward
American Airlines Group Inc.’s first-quarter revenue rose 2% and adjusted earnings beat expectations as it earned more money per seat on flights.
Risk-Wary Banks Chill Bitcoin Market
At least three bitcoin exchanges have said in recent weeks that they can’t process transactions in dollars, as global banks pull back from sectors they deem too risky.
China Launches First Home-Built Aircraft Carrier, Boosting Naval Power
The launch moves China forward in its quest for a world-class navy that can protect Chinese economic and security interests far from its shores.
Maria Sharapova Makes Winning Return After 15-Month Ban
Maria Sharapova returned to tennis on Wednesday after a 15-month suspension and beat Italian veteran Roberta Vinci 7-5, 6-3 at a clay court tournament in Stuttgart, Germany.
Trump Administration to Continue Key Funding for Health Law
President Donald Trump’s administration said he would maintain critical funding for health plans, a pledge that reduced the chances of a government shutdown.
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