Uber, Hyundai Motor team up to develop electric air taxi
U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor plan to jointly develop electric air taxis, they said on Monday, joining the...
American Airlines, Aeromexico reach compensation deals with Boeing over MAX crisis
American Airlines Group Inc , the largest U.S. airline, on Monday became the latest carrier to reach a settlement with Boeing Co for compensation for...
Pier 1 to shut up to nearly half of its stores, raises going concern doubts
Home decor and furniture retailer Pier 1 Imports Inc said on Monday it plans to close up to almost half of its stores, cut jobs...
Pier 1 to close stores and cut jobs, raises going concern doubts
Home decor and furniture retailer Pier 1 Imports Inc said on Monday it plans to close up to 450 stores, cut jobs and warned about...
Occidental to cut Western Midstream stake to reduce debt
Occidental Petroleum Corp said on Monday it would cut its majority stake in pipeline operator Western Midstream Partners LP to less than 50% in 2020,...
Louis Dreyfus owner pledged stake to raise $1 billion Credit Suisse loan
Margarita Louis-Dreyfus borrowed $1 billion from Credit Suisse last year to buy out minority shareholders of Louis Dreyfus Company (LDC), pledging her majority stake in...
Ford quarterly sales slip on slowdown in passenger cars demand
Ford Motor Co on Monday posted a 1.3% fall in fourth-quarter vehicle sales as soft demand for passenger cars outweighed stable sales of larger sport...
Oil inches up as Iran and United States trade threats
Oil prices edged up on Monday, after Brent touched above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in...
Alphabet, Amazon keep S&P afloat as Middle East tensions persist
Gains in Amazon and Alphabet helped New York’s S&P 500 stock index recoup early losses on Monday sparked by rising tensions in the Middle East....
Wall Street rattled by Middle East tensions, energy shares jump
U.S. stocks fell for a second session on Monday, led by financial and technology stocks, as escalating tensions between the United States and Iran pushed...