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  • Ethiopian Airlines Finalizes Purchase Of Six Boeing 787-9 Dreamliners April 20, 2026 21:09 ET

    Boeing (BA) and Ethiopian Airlines announced the purchase of six 787 Dreamliner jets, as the airline fully exercises commitments from its landmark 2023 order. The new 787-9 aircraft will support Ethiopian Airlines in expanding its intercontinental network from Addis Ababa while also boosting cargo capacity...

  • Massimo Group CEO David Shan Steps Down, Quenton Petersen Becomes New CEO; Stock Falls April 20, 2026 11:12 ET

    Massimo Group (MAMO), Monday announced the transition of David Shan's role from Chief Executive Officer to Executive Chairman of the company. Also, it announced the appointment of Quenton Petersen as the new CEO, effective April 14, 2026. Commenting on the company's plans, Petersen said, "We plan...

  • BWX Technologies Stock Falls 3% Over Announcement To Acquire Precision Components Group April 20, 2026 10:45 ET

    Stock of BWX Technologies, Inc. (BWXT) is falling about 3 percent on Monday morning trading after it announced an agreement to acquire Precision Components Group, LLC, including its subsidiaries Precision Custom Components and DC Fabricators. The company's stock is currently trading at $228.21, down...

  • American Airlines Group Stock Falls 4% April 20, 2026 10:33 ET

    Shares of American Airlines Group Inc. (AAL) are falling about 4 percent during Monday morning trading, possibly due to a statement released by the company last week, clearing rumors regarding a merger with United Airlines. The company's stock is currently trading at $12.15, down 4.85 percent, over...

  • Medtronic Closes $585 Mln Cathworks Deal To Expand AI-Driven Heart Diagnostics April 20, 2026 10:31 ET

    Medtronic plc (MDT), a healthcare technology company, on Monday announced that it has completed its acquisition of privately held medical device company CathWorks in a deal valued at $585 million, with a possibility of potential undisclosed earn-out payments. The purchase follows a 2022 co-promotion...

  • EnCore Energy Replaces CEO Robert Willette With Richard Little, Will Sheriff Returns As Exec Chair April 20, 2026 09:54 ET

    enCore Energy Corp. (EU), an energy company, on Monday announced that it has named Richard Little, as chief executive officer and director supplanting Robert Willette effective immediately. Founder and former Executive Chair, William Sheriff will return as executive chair, with immediate effect, at...

  • TopBuild Stock Gains 16% April 20, 2026 09:52 ET

    Shares of TopBuild Corp. (BLD) are rising about 16 percent on Monday morning trading, possibly due to QXO, Inc.'s (QXO) announcement yesterday to acquire the company for $17 billion. The company's shares are currently trading at $478.04 on the New York Stock Exchange, up 16.50 percent. The stock...

  • AT&T, Citigroup Introduces New Benefits Of AT&T Points Plus Card April 20, 2026 09:04 ET

    AT&T Inc. (T) and Citigroup Inc. (C), Monday announced new benefits of the AT&T Points Plus Card, which now includes monthly AT&T wireless and internet bill discounts, 2x ThankYou Points on AT&T products and services and no foreign transaction fees. Through this program, the card offers wide-ranging...

  • Apollo Funds To Acquire About 13% Minority Interest In McKesson's Medical-Surgical Solutions April 20, 2026 08:36 ET

    McKesson Corporation (MCK), a healthcare service provider, said on Monday that it has inked a deal with Apollo Funds to sell a minority ownership interest in Medical-Surgical Solutions, or MMS, business. "This transaction represents a meaningful milestone as McKesson executes its separation strategy...

  • Domino's Pizza Now Offers 50% Discount On All Menu-Priced Pizzas Ordered Online April 20, 2026 08:27 ET

    Domino's Pizza, Inc. (DPZ), Monday announced that customers can now get 50 percent discount on all menu-priced pizzas ordered online from April 20 to 26. "From the first pick to the final round, Domino's is here with a deal that makes draft-day gatherings even better. Whether you're feeding a full...

  • Ennis Q4 Net Earnings Slip Despite Revenue Gain April 20, 2026 08:07 ET

    Ennis, Inc., (EBF) a U.S. based supplier of business products, Monday reported lower earnings for its fourth quarter in spite of higher revenues For the fourth quarter, Net earnings came in at $8.84 million compared to $9.02 million last year. The company reported a one time other expense of $4.2...

  • Surf Air Mobility Revises Annual Adj. EBITDA Loss Outlook On Reduced Costs; Backs Revenue Guidance April 20, 2026 08:01 ET

    Surf Air Mobility Inc.(SRFM), an American aviation company, on Monday revised its adjusted EBITDA loss guidance and reaffirmed its revenue outlook for fiscal 2026. Deanna White, CEO of Surf Air Mobility, said:"SurfOS and our work with Palantir is driving measurable efficiency and cost savings. Improving...

  • Pasithea Wins FDA Rare Pediatric Disease Status For PAS-004 To Treat Neurofibromatosis Type 1 April 20, 2026 07:56 ET

    Pasithea Therapeutics Corp. (KTTA) on Monday said the U.S. Food and Drug Administration has granted Rare Pediatric Disease Designation to PAS-004 for the treatment of Neurofibromatosis Type 1 (NF1), a rare genetic disorder. The designation makes the program eligible for a Priority Review Voucher if...

  • Astellas, Pfizer Say FDA Grants Priority Review To SBLA For PADCEV Plus Keytruda April 20, 2026 07:42 ET

    Astellas Pharma Inc. (ALPMY) and Pfizer Inc. (PFE) on Monday said the U.S. Food and Drug Administration has granted Priority Review for a supplemental Biologics License Application for perioperative PADCEV in combination with Keytruda as a treatment for patients with Muscle-Invasive Bladder Cancer (MIBC). The...

  • Biogen To Acquire TJ Bio's Rights To Felzartamab In The Greater China Region April 20, 2026 07:41 ET

    Biogen Inc. (BIIB) and TJ Biopharma have entered into a definitive agreement under which Biogen has agreed to acquire TJ Bio's exclusive rights to felzartamab in the Greater China Region. Biogen now owns exclusive worldwide rights to felzartamab, which is currently being evaluated in global Phase 3 clinical...

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.