House panel asks Boeing CEO to testify Oct. 30 on 737 MAX
The U.S. House Transportation and Infrastructure Committee on Tuesday formally asked Boeing chief executive Dennis Muilenburg to testify on the now grounded 737 MAX that...
U.S. FAA to brief international regulators on status of Boeing 737 MAX
Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to an informal briefing in Montreal next week...
GM stops paying for health insurance for striking union workers; talks continue
General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for...
Atlantia CEO resigns in Benetton-led shake up
The Benettons ushered in a change of guard at Italian infrastructure group Atlantia , replacing its powerful CEO with a management committee, as they move...
Trump says China trade deal could come before U.S. election, or not
U.S. President Donald Trump said on Tuesday his administration could seal a deal on trade with China before the U.S. presidential election, or an agreement...
Adobe fourth-quarter revenue forecast disappoints; shares drop
Adobe Inc on Tuesday forecast fourth-quarter revenue below Wall Street expectations as the software maker faces intense competition in a fast-growing cloud market, sending shares...
Wall Street rises as oil fears recede, market awaits Fed
Wall Street ended higher on Tuesday as the impact of weekend attacks on Saudi Arabia’s biggest oil refinery faded and investors awaited a widely expected...
Big banks score win as U.S. regulator proposes easing post-crisis derivatives rules
A U.S. banking regulator on Tuesday proposed easing a rule requiring banks to set aside cash to safeguard derivatives trades between affiliates, marking one of...
Saudi oil attacks came from southwest Iran, U.S. official says, raising tensions
The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday,...
Wall Street rises as oil worries fade, investors eye Fed rate cut
Wall Street ended higher on Tuesday as the impact of weekend attacks on Saudi Arabia’s biggest oil refinery faded and investors awaited a widely expected...