Union Pacific misses profit expectations amid trade war, to cut spending, jobs
Railroad operator Union Pacific Corp on Thursday reported quarterly profit that missed analysts’ estimates and said it would cut capital spending and jobs as the...
Ethiopia crash victims’ families to subpoena U.S. operators of Boeing 737 MAX
Lawyers representing families of passengers killed in a Boeing 737 MAX crash in Ethiopia in March are set to issue subpoenas to Southwest Airlines and...
Judge summons drug company CEOs to court to discuss opioid settlement: source
The chief executives of the three largest U.S. drug distributors and a drugmaker have been summoned to appear before a federal judge to discuss a...
Stocks, sterling rise on long-awaited Brexit deal
A deal on Britain’s departure agreed with the European Union sent sterling to a five-month high on Thursday and hoisted European stocks to a year-and-a-half...
Volkswagen gets more time from U.S., auditor to comply with diesel settlement terms
Volkswagen will get 90 more days to test its compliance programs required under a criminal plea agreement with the U.S. government after an emissions cheating...
Southwest delays return of its Boeing 737 MAX jets to February
Southwest Airlines Co said on Thursday it was postponing the return of Boeing Co’s 737 MAX jets to its flight schedule until Feb. 8, the...
Ford partners with Volkswagen, Amazon to build charging network for cars
Ford Motor Co said on Thursday it was teaming up with Volkswagen AG and Amazon.com to give its future electric car customers a range of...
Wall Street moves higher on Brexit deal, robust earnings
U.S. stocks rose on Thursday, supported by Netflix and Morgan Stanley following upbeat reports, with investors also cheering Britain’s preliminary last-minute deal with the European...
Emerging markets come off the boil for Nestle and Unilever
Global consumer goods companies have been banking on emerging markets to drive their growth, so signs on Thursday that sales have come off the boil...
Wall Street opens higher on Brexit deal, earnings cheer
U.S. stocks opened higher on Thursday, as worries over geopolitics eased after Britain struck a preliminary last-minute deal with the European Union, with sentiment also...