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Boeing Cutting Production Rate of Troubled 737 Max Jet

Boeing will cut production of its troubled 737 Max airliner this month, underscoring the growing financial risk it faces the longer that its best-selling plane remains grounded after two deadly crashes.

The company said Friday that starting in mid-April it will cut production of the plane to 42 from 52 planes per month so it can focus its attention on fixing the flight-control software that has been implicated in the crashes.

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U.S. Moves to Cut off Venezuela Oil, Cuba Trade

The United States on Friday announced sanctions on ships of Venezuela's state oil company and companies that link it to key ally Cuba, hoping to cut off vital lifelines for President Nicolas Maduro.

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American David Malpass Named World Bank President

David Malpass, a senior U.S. Treasury official in President Donald Trump's administration, was unanimously chosen Friday as the next president of the World Bank.

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U.S. Adds 196,000 Jobs in March; Unemployment Steady at 3.8%

U.S. job creation came back to life in March, with a hiring surge in healthcare, bars and restaurants, while unemployment held steady and workers' wages continued to climb, government data showed Friday.

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Eurozone Ministers Fret over Cooldown in Economy

Eurozone finance ministers said darkening clouds in Germany and Italy posed a danger to the European economy as France pushed for a common budget to buck the tide.

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France to Implement Digital Tax despite US Opposition

French Finance Minister Bruno Le Maire said on Friday that France would stick to plans for a tax on digital giants such as Facebook and Apple, despite displeasure in Washington.

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Japan Court Extends Ghosn Detention Until April 14

Former Nissan boss Carlos Ghosn will remain in custody until at least April 14, a Japanese court ruled on Friday, as prosecutors quiz him over fresh allegations of financial misconduct.

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Bezos ex-Wife to Surrender 75% of Couple's Amazon Shares

MacKenzie Bezos, ex-wife of Amazon founder Jeff Bezos, announced Thursday they had finalized their divorce, and that she would surrender 75 percent of the couple's shares in the tech giant.

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Ghosn Vows He Won't be 'Broken' after Re-arrest in Tokyo

Japanese prosecutors Thursday re-arrested Carlos Ghosn on fresh allegations of financial misconduct, as the former auto tycoon slammed an "outrageous and arbitrary" detention and vowed he would "not be broken."

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France Says 'New Elements' in Ghosn Case Passed to Judiciary

Renault's internal probe into allegations of financial wrongdoing by former CEO Carlos Ghosn has revealed "new elements" that have been passed onto the authorities, French Finance Minister Bruno Le Maire said on Thursday.

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