UAW president, U.S. prosecutor to meet for union reform talks on June 30
United Auto Workers (UAW) President Rory Gamble will meet Matthew Schneider, the U.S. attorney for the Eastern District of Michigan, at the end of the...
Goldman Sachs increases COVID-19 federal aid commitment by $250 million
Goldman Sachs Group Inc on Monday pledged an additional $250 million to fund the federal aid program to help businesses hurt by the COVID-19 pandemic....
PM Orban says government ready to help Audi to allow Hungarian plant run at full capacity
Hungary is ready to give financial support to Audi to allow its Hungarian manufacturing plant to run at full capacity in the wake of the...
GE aviation head to retire, Embraer executive to take helm
General Electric Co said on Monday David Joyce, the chief executive of the company’s aviation unit, would retire after 40 years with the industrial conglomerate,...
Embraer swaps commercial aviation chief after failed Boeing deal
Brazilian planemaker Embraer SA said on Monday it was replacing the head of its commercial aviation unit after a planned deal to have Boeing Co...
Wall Street set to drop at open after spike in new virus cases
Wall Street was set to drop sharply at the open on Monday as a recent jump in coronavirus cases in China and parts of the...
GE aviation head David Joyce to retire
General Electric Co said on Monday David Joyce, the chief executive of the company’s aviation unit, would retire after 40 years with the industrial conglomerate....
Delta has received approval from Shanghai government to resume flights
Delta Air Lines has received approval from the Shanghai government to resume flights from June 18, a company spokeswoman said on Monday, paving the way...
United Airlines secures $5 billion loan backed by loyalty program
United Airlines said on Monday it is securing a $5 billion loan backed by its MileagePlus loyalty program, bringing potential total liquidity to $17 billion,...
Revenue at airline Avianca falls 51% through early June on coronavirus
Passenger revenue at Latin America’s No. 2 airline, Avianca Holdings , has fallen 51% for the year as of early June compared with a year...