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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…
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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…
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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…
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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…
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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…
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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…
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Ford names Amazon veteran Tim Stone as CFO
Thu, 21 Mar 2019 11:13:58 -0400
Ford Motor Co on Thursday named Amazon.com Inc veteran Tim Stone as chief financial officer, the automaker's first external hire…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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,…
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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…
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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.…
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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…
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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…
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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…