Exclusive: FAA agrees with inspector general recommendations to improve Southwest oversight
The Federal Aviation Administration says it agrees with recommendations made by the U.S. Transportation Department’s Inspector General that faulted its oversight of Southwest Airlines Co,...
Oil prices rise from 13-month low as new virus cases slow
Oil prices edged up from 13-month lows on Tuesday as the number of new coronavirus cases slowed in China, easing some concern over the potential...
S&P 500, Nasdaq set course for new closing highs as coronavirus fears abate
Wall Street advanced on Tuesday with the S&P 500 and the Nasdaq on track to score their second consecutive record highs after officials said the...
NY attorney general considers appealing ruling OK’ing Sprint T-Mobile merger
New York Attorney General Letitia James said Tuesday the state may appeal a court ruling approving a merger between No.3 and No.4 wireless carriers T-Mobile...
Exclusive: JPMorgan in talks to merge blockchain unit Quorum with startup ConsenSys – sources
JPMorgan Chase & Co is in talks to merge its marquee blockchain unit Quorum with Brooklyn-based startup ConsenSys, according to people familiar with the plans....
China c.bank gives green light to Mastercard’s China JV for clearing business
China’s central bank said on Tuesday it has approved an application by Mastercard’s China joint venture to conduct bank card clearing operations in the country....
Wells Fargo CEO Scharf shakes up management at scandal-hit bank
Wells Fargo & Co Chief Executive Charles Scharf announced his first major reshuffle on Tuesday, promoting several executives to new roles while also tapping a...
Boeing scores no January orders for first time since 1962
Boeing Co booked no new orders for airplanes last month, the first time it has come up empty-handed in January since 1962, as the U.S....
Exclusive: Argentina’s Aerolineas to add new flights to New York and Madrid – chairman
Aerolineas Argentinas will add new flights to New York and Madrid as the government-controlled carrier seeks to ramp up sales outside its home country and...
WeWork sets hard free cash flow, revenue targets as part of five-year plan
WeWork on Tuesday brought forward its target of becoming free cash flow positive by a year to 2022 as Chairman Marcelo Claure pushes ahead with...