Dan Schwartzman

Federal Reserve Governor Lisa Cook says inflation is heading in the wrong direction and that she would be prepared to raise interest rates if that continued.

Cook made remarks in preparation for an event at Stanford University.

Salesforce gave a revenue outlook for the current period that just fell short of analysts' estimates.

Revenue will be about $11.3 billion in the fiscal second quarter, which ends in July.

Analysts had projected $11.4 billion.

With Salesforce being the leading maker of customer management software, investors had already been concerned about the possibility that artificial intelligence would disrupt the software business.

Shares, though, were little changed in extended trading.

Meanwhile, Snowflake shares jumping by almost 30% in late trading after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multi-year agreement to use Amazon's cloud services and chips.

American Airlines CEO Robert Isom joined Bloomberg's Lisa Abramowitz to talk about the state of the airline.

Isom says that higher fuel prices caused by the Iran war have not hurt the company's bottom line.

That's American Airlines CEO Robert Isom on Bloomberg TV.

Boeing with some good news as the airplane maker successfully completed a capstone review with the Federal Aviation Administration to further increase production of its best-selling 737 MAX to 47 jets per month.

The move is a key step for the company to improve profitability and generate much-needed cash.

The output is currently capped at 42 737 MAX jets a month.

CEO Kelly Orbrook, speaking at the Bernstein Strategic Decisions Conference, talked about another sector of the company seeing growth.

That's Boeing CEO Kelly Ortberg speaking at the Bernstein Strategic Decisions Conference.

Two people are now confirmed dead as emergency crews resume searching for missing workers after a tank imploded at a paper mill in Washington state.

Officials say there is no hope of finding any more survivors after the release of a chemical mixture used to break down wood to make craft paper.

Crews have had to first stabilize the tank, which could potentially collapse further.

Authorities say, though, there is no threat to the local community.