Boeing CEO tells U.S. lawmakers at hearing: ‘We’ve made mistakes’; faces tough questions
Boeing Co Chief Executive Dennis Muilenburg was pressed by U.S. lawmakers at a hearing on Tuesday over what the company knew about its MCAS stall-prevention...
S&P 500 flat on mixed earnings reports; Alphabet weighs on Nasdaq
The S&P 500 hovered near its record high on Tuesday, lifted by upbeat earnings from drugmakers Merck and Pfizer, while a disappointing quarterly profit from...
Boeing CEO faces tough questions from U.S. lawmakers at hearing
Boeing Co Chief Executive Dennis Muilenburg, at the start of two days of testimony before U.S. lawmakers, faced tough questions on Tuesday on the crashes...
India’s IndiGo places historic order for 300 Airbus planes
Indian budget carrier IndiGo has placed an order for 300 Airbus A320neo-family jets worth at least $33 billion at recent catalog prices, handing the European...
Pfizer raises 2019 forecast as sales of cancer drug, heart medicine surge
Pfizer Inc posted third-quarter profit well above analysts’ estimates on higher sales of cancer drug Ibrance and new heart medicine Vyndaqel, encouraging the largest U.S....
U.S. consumer confidence slips in October
U.S. consumer confidence unexpectedly fell in October amid household concerns about the short-term outlook for business conditions and job prospects....
Air Canada sees year-end capacity up despite 737 MAX grounding, shares jump
Air Canada said on Tuesday it expects higher capacity and revenues during the last three months of 2019, after reporting lower-than-expected third-quarter profit in the...
Trump, Xi meeting date is still fluid: White House official
U.S. President Donald Trump and Chinese President Xi Jinping are expected to finalize a trade agreement on the sidelines of next month’s Asia-Pacific Economic Cooperation...
Britain’s Tesco takes on discounters with paid-for loyalty card
Tesco will next week become the first major British supermarket group to offer a subscription customer loyalty scheme, the latest weapon in its fight to...
Wall Street dips at open after mixed earnings reports
Wall Street opened slightly lower on Tuesday as investors assessed a mixed batch of earnings reports, including from Google-parent Alphabet and big drugmakers Merck and...