FCC chair calls T-Mobile U.S. network outage ‘unacceptable’, vows probe
The Federal Communications Commission (FCC) will probe an extensive T-Mobile network outage that impacted customers across the United States, the head of the U.S. telecommunications...
Exclusive: Chesapeake Energy to file for bankruptcy as soon as this week – sources
Chesapeake Energy Corp is preparing to file for bankruptcy protection as soon as this week, becoming the largest oil and gas producer pushed to the...
Oil prices ease as coronavirus infections rise
Oil prices dipped on Tuesday on jitters that a rise in coronavirus infections around the world could hurt fuel demand, but hopes that production cuts...
U.S., China to each allow four weekly flights for airlines; Delta to fly next week
The United States and China will each allow four weekly flights between the two countries, the U.S. Transportation Department said on Monday, easing a standoff...
Embraer secures $600 mln loan as commercial aviation chief departs
Embraer SA said on Monday it had secured a $600 million loan, partly backed by Brazil’s government, at the same time as a key executive...
Delta to resume passenger flights to China next week
Delta Air Lines said on Monday it would resume passenger flights to Shanghai from Seattle, via Seoul, next week following Chinese government approval for U.S....
Fed launches long-awaited Main Street lending program, seeks to reach nonprofits
The Federal Reserve on Monday launched its Main Street Lending Program, the most complex program undertaken yet by the U.S. central bank to help keep...
U.S. companies can work with Huawei on 5G, other standards: Commerce Dept
The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China’s Huawei [HWT.UL] to...
GM CEO optimistic on U.S. demand, China, EV profitability
General Motors Co’s top executive struck an optimistic note on Monday about U.S. new vehicle demand despite the coronavirus pandemic, and the ability to sell...
Proxy adviser ISS opposes re-election of Tesla chairwoman
Proxy adviser Institutional Shareholder Services Inc (ISS) on Monday urged Tesla Inc shareholders to vote against the re-election of chairwoman Robyn Denholm at the electric...