HONG KONG (AP) — Stocks were higher in Europe after a mixed day in Asia as investors assessed President Donald Trump’s pick for his new economic adviser. Trading was in a narrow range with scant fresh leads. Wall Street is poised to open higher. Dow futures were up 0.2 percent while broader S&P 500 futures added 0.2 percent.
NEW YORK (AP) — Oil futures advanced. Benchmark U.S. crude added 1 cent to $60.97 a barrel in electronic trading on the New York Mercantile Exchange. The contract gained 25 cents to $60.96 a barrel on Wednesday. Brent crude lost 9 cents to $64.80 per barrel in London. The dollar fell to 106.08 yen from 106.31 yen in late trading Wednesday.
WASHINGTON (AP) — President Donald Trump has named CNBC commentator Larry Kudlow as his top economic aide, replacing Gary Cohn, who quit in opposition to the president’s plans for new trade tariffs. Kudlow says he’s “in accord” with Trump’s agenda, which includes reducing the trade imbalance with China — marking a reversal from his previous pro-free trade stance.
THE HAGUE, Netherlands (AP) — Anglo-Dutch consumer giant Unilever says it’s basing its headquarters in the Netherlands, ending its longstanding practice of having dual head offices in London and Rotterdam. The company says it’s part of a restructuring aimed at making it a “more agile and more focused business.”
DALLAS (AP) — Major U.S. airlines have embarked on a pilot program. They’re hiring pilots at a rate not seen since before 9/11. Hiring is likely to remain brisk for years. Smaller airlines in the U.S. are struggling with a shortage that will continue as they lose pilots to the bigger carriers, which in turn will need to replace thousands of retiring pilots.