Indonesia’s Lion Air finds cracks in two 737 NGs with fewer flights than FAA safety directive
Lion Air has found structural cracks in two Boeing Co 737 NG planes with fewer flights than a U.S. Federal Aviation Administration (FAA) threshold for...
UPS liable for shipping contraband cigarettes in New York, damages reduced: court
A federal appeals court found United Parcel Service Inc liable to New York state and New York City for shipping hundreds of thousands of cartons...
Volkswagen CEO says SAIC VW plant in Shanghai starts trial production
Volkswagen and SAIC Motor Corp’s $2.5 billion new energy vehicle plant in Shanghai has started trial production, Volkswagen’s CEO Herbert Diess said on Friday....
WhatsApp adds shopping catalog feature, courting e-commerce
Facebook Inc on Thursday launched a catalog feature for its WhatsApp messaging app, it said in a blog post, building out the service’s e-commerce tools...
Citi, Deutsche get go-ahead to probe regulator witnesses in landmark cartel case
Citigroup Inc and Deutsche Bank AG may cross-examine four antitrust investigators involved in a criminal cartel prosecution against them, an Australian court ruled on Friday,...
Democratic lawmakers question FAA decisions on Boeing safety issues
Two Democratic U.S. lawmakers said on Thursday the Federal Aviation Administration overruled agency technical specialists on two Boeing Co safety issues involving the 737 MAX...
Global stocks close in on record highs on U.S.-China trade deal hopes
World stocks rallied to near record highs on Friday after China said it had agreed with the United States to cancel tariffs in phases, a...
Trump nominates former Ford executive to be new U.S. energy secretary
The U.S. Department of Energy said on Thursday that President Donald Trump had formally nominated Deputy Energy Secretary Dan Brouillette, a former vice president of...
U.S. Justice Department issues subpoenas to automakers in California emissions probe
The U.S. Justice Department has issued civil subpoenas to four major automakers, demanding that they disclose details on a deal struck with California in July...
China, U.S. agree tariff rollback if phase one trade deal is completed
China and the United States have agreed to roll back tariffs on each others’ goods in a “phase one” trade deal if it is completed,...