U.S. government sued for access to auto tariff probe report
Thu, 21 Mar 2019 11:40:56 -0400
A conservative group has sued the U.S. government for access to a report on whether auto imports pose a big…
U.S. labor market solid; manufacturing sector slowing
Thu, 21 Mar 2019 11:39:54 -0400
The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to still strong labor…
Indonesia seeks answers as Ethiopian crash comparisons mount
Thu, 21 Mar 2019 11:30:46 -0400
Indonesian investigators described on Thursday the panic of pilots grappling with airspeed and altitude problems in the last moments of…
Factbox: What we know about Boeing 737 MAX crash and what comes next
Thu, 21 Mar 2019 11:29:37 -0400
More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets have been grounded worldwide after two fatal crashes…
Boeing to mandate safety alert in 737 MAX software upgrade: sources
Thu, 21 Mar 2019 11:29:12 -0400
Boeing Co will mandate a previously optional cockpit warning light as part of a forthcoming software update to the 737…
Levi Strauss shares surge 31 percent in return to stock market
Thu, 21 Mar 2019 11:19:47 -0400
Shares in Levi Strauss & Co surged 31 percent in their debut on Thursday, giving the U.S. jeans maker a…
Ford names Amazon veteran Tim Stone as CFO
Thu, 21 Mar 2019 11:13:58 -0400
Ford Motor Co on Thursday named Inc veteran Tim Stone as chief financial officer, the automaker's first external hire…
Wall St. gains as tech boost offsets bank losses after Fed stance
Thu, 21 Mar 2019 11:12:45 -0400
Technology shares pushed Wall Street's main indexes higher on Thursday, offseting losses in U.S. lenders after the Federal Reserve decided…
IMF supports U.S. Fed's 'patient' halt to rate hikes
Thu, 21 Mar 2019 11:09:25 -0400
The International Monetary Fund supports the U.S. Federal Reserve's decision to halt its campaign to raise interest rates as a…
U.S. whiskey exports dry up as tariffs bite
Thu, 21 Mar 2019 11:05:21 -0400
American whiskey exports slumped in the second half of 2018, taking a blow from higher duties by the country's trading…
Roche sues U.S. executives in fight over diabetes test strips
Thu, 21 Mar 2019 10:46:30 -0400
Roche is seeking damages and compensation in a U.S. lawsuit against former executives of a Utah-based company, the Swiss drugmaker's…
Boeing to add extra safety alarm in 737 MAX jets: FT
Thu, 21 Mar 2019 10:32:16 -0400
Boeing Co will install an extra safety alarm in the cockpits of all its 737 MAX aircraft after intense criticism…
Biogen scraps Alzheimer drug trials, wiping $17 billion off its market value
Thu, 21 Mar 2019 10:19:28 -0400
Biogen and partner Eisai Co Ltd are ending two late-stage trials for the experimental Alzheimer's drug aducanumab, in a setback…
Tencent to cut reliance on China gaming after profit hit
Thu, 21 Mar 2019 09:54:23 -0400
Tencent Holdings signaled it will reduce its reliance on gaming in China, where a regulatory review and one-off investment costs…
Deutsche Bank CEO sees strong case for merger with Commerzbank: source
Thu, 21 Mar 2019 09:54:18 -0400
Christian Sewing, the chief executive of Deutsche Bank, believes there is a strong case for a merger with rival Commerzbank,…
With eye on Deutsche-Commerzbank, EU sends too big to fail warning
Thu, 21 Mar 2019 09:52:18 -0400
Euro zone banking watchdogs said banks planning mergers should make sure they could be wound down in a crisis, a…
Jury finding upends Bayer's Roundup defense strategy: experts
Thu, 21 Mar 2019 09:12:54 -0400
Bayer AG had hoped a new trial strategy focusing jurors on scientific evidence could stem a burgeoning tide of U.S.…
Global stocks wilt as Fed shift sparks stampede into bonds
Thu, 21 Mar 2019 08:42:08 -0400
European shares wilted and there was a stampede into bonds on Thursday, after the U.S. Federal Reserve's abandonment of all…
Finland to investigate Nokia-branded phones after data breach report
Thu, 21 Mar 2019 08:17:25 -0400
Finland's data protection ombudsman said on Thursday he would investigate whether Nokia-branded phones had breached data rules after a report…
Short & distort? The ugly war between CEOs and activist critics
Thu, 21 Mar 2019 08:10:28 -0400
On the morning of July 11, Paul Pittman was on a corn farm in Western Illinois, unaware his company had…