Fiat Chrysler’s loan request raises doubts about 5.5 euro billion dividend
Italy could look into Fiat Chrysler’s planned 5.5 billion euro ($6 billion) payout as part of its merger with Peugeot after the Italian-American carmaker asked...
FAA to mandate new safety management tools for airplane manufacturers
The Federal Aviation Administration said Tuesday it will require Boeing Co and other aircraft manufacturers to adopt new safety management tools in the wake of...
JPMorgan directors reelected, former Exxon executive overcomes opposition
JPMorgan Chase & Co shareholders voted to reelect all of the bank’s board members on Tuesday, including a former Exxon Mobil Corp CEO who drew...
France’s Renault reaches deal on 5 billion euro state-backed loan: sources
French carmaker Renault has sealed a deal with banks on a 5 billion-euro ($5.47 billion) state-guaranteed loan to help the company to cope with the...
Airlines say ticket cancellations slowing; Delta sees cash flow break-even this year
Top U.S. airlines and Air Canada on Tuesday reported slower ticket cancellations and signs of improving demand, with Delta Air Lines Inc saying its cash...
Euro gains on EU recovery-fund plan, oil climbs
The euro and European government debt rallied on Tuesday, lifted by a Franco-German proposal to fund grants for regions hit hardest by the coronavirus pandemic,...
Fed, Treasury chiefs face heat over uneven U.S. coronavirus response
Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin found themselves in the hot seat on Tuesday as U.S. lawmakers grilled them about the...
Coronavirus hammers U.S. homebuilding; permits tumble
U.S. homebuilding dropped by the most on record in April and permits for future construction tumbled, underlining fears that the coronavirus crisis would lead to...
JPMorgan shareholders back bank’s directors, executive pay at annual meeting
JPMorgan Chase & Co shareholders voted to reelect each of the bank’s board members, with each director receiving at least 84% of the shares voted,...
S&P 500 steady after mixed retail earnings
The S&P 500 was trading flat on Tuesday, handing back some gains from a strong rally in the previous session, as investors digested a mixed...