Boeing Shares Drop 4% after Trump Announces China Orders just 200 Jets

Shares of Boeing fell nearly 4% on Friday after U.S. President Donald Trump announced that China would purchase “around 200” Boeing aircraft as part of a broader trade understanding reached during his summit with Chinese President Xi Jinping in Beijing. Investors had reportedly expected a significantly larger aircraft commitment from China following days of optimistic […]

Elon Musk, Tim Cook and Boeing CEO to Join Trump on High-Stakes China Visit, Official Says

U.S. President Donald Trump will travel to China this week accompanied by some of America’s most influential business leaders, including Elon Musk, Tim Cook and Kelly Ortberg, according to a White House official familiar with the plans. The delegation signals a major effort by Washington to stabilize economic ties with Beijing amid ongoing geopolitical tensions, […]