Boeing May deliveries fall 56% as 737 MAX grounding continues to weigh
(Reuters) – Boeing Co said on Tuesday it handed over 56% fewer airplanes in May compared with a year earlier, as deliveries of its top-selling 737 MAX jet remained suspended…
Prosecutors investigate VW works council boss in pay inquiry
FILE PHOTO: Bernd Osterloh, head of VW’s works council, poses for the media at a production line at the Volkswagen headquarters in Wolfsburg December 2, 2014. REUTERS/Fabian Bimmer HAMBURG (Reuters)…
Ten U.S. states sue to stop Sprint-T-Mobile deal, saying consumers will be hurt
WASHINGTON (Reuters) – Ten states led by New York and California filed a lawsuit on Tuesday to stop T-Mobile US Inc’s $26 billion purchase of Sprint Corp, warning that consumer…
End of the road for Volkswagen’s self-driving Aurora deal
FILE PHOTO: The logo of German carmaker Volkswagen is seen at the Volkswagen (VW) automobile manufacturing plant in Puebla near Mexico City September 23, 2015. REUTERS/Imelda Medina BERLIN (Reuters) –…
Equities rally dissipates as trade optimism fades, yield curve flattens
NEW YORK (Reuters) – Wall Street’s indexes ended Tuesday’s session virtually unchanged after investors turned their focus to U.S.-China trade tensions as euphoria from Friday’s U.S.-Mexico deal faded. FILE PHOTO:…
U.S. moving toward major antitrust probe of tech giants
WASHINGTON (Reuters) – The U.S. government is gearing up to investigate the massive market power of Amazon, Apple, Facebook and Google, sources told Reuters on Monday, setting up what could…
Explainer: U.S. dependence on China’s rare earth – Trade war vulnerability
(Reuters) – Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers. FILE…
Total takes on Toshiba’s U.S. LNG business after Chinese buyer pulls out
PARIS/TOKYO (Reuters) – Total will take over Toshiba’s U.S. liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal, the companies said…
Boeing aims for first flight of 777X in late June: sources
SEATTLE/PARIS (Reuters) – Boeing Co is looking to make the first test flight of its 777X twin-aisle jet as soon as late June, people familiar with the matter told Reuters…
Pence, Trudeau to discuss Huawei and China trade issues in Ottawa: official
WASHINGTON (Reuters) – U.S. Vice President Mike Pence and Canadian Prime Minister Justin Trudeau will discuss their countries’ joint dispute with China over Huawei during a meeting in Ottawa on…