Dow futures fell more than 600 points on Monday as concerns about fresh coronavirus-driven lockdowns and the inability of Congress to agree on more fiscal stimulus raised fears about another hit to the domestic economy.
American Airlines will begin Boeing Co 737 MAX training for its pilots in November, consisting of a distance learning module and a simulator session, according to a memo to pilots on Monday.
ByteDance and Oracle Corp issued conflicting statements on Monday over the terms of a deal they agreed with the White House over the weekend, casting doubt over President Donald Trump's preliminary blessing of the agreement.
Microsoft Corp said on Monday it would acquire ZeniMax Media for US$7.5 billion in cash, strengthening its Xbox video game offering with the studio behind smash hit titles Fallout and the Doom reboot.
STOCKHOLM: Sweden's state-owned space agency, the Swedish Space Corporation (SSC), which is contracted to help operate Chinese satellites from its ground stations, has decided not to renew those contracts or seek new business with China, it said on Monday. "The geopolitical situation has changed ...
Lufthansa said on Monday it was shrinking its fleet further as a result of the coronavirus pandemic, forcing it to take a 1.1 billion euro (US$1.3 billion) impairment on the value of its aircraft in the third quarter.
"If we find that they don't have total control, then we're not going to approve the deal... We will be watching it very closely," Trump told Fox News in an interview.
Dow futures fell more than 600 points on Monday as concerns about fresh coronavirus-driven lockdowns and the inability of Congress to agree on more fiscal stimulus raised fears about another hit to the domestic economy.
The U.S. Commerce Department said Monday it will challenge an order issued Sunday by a U.S. judge that blocked the department's order requiring Apple and Google to remove WeChat from their U.S. app stores.
China's ride-hailing giant Didi Chuxing and electric vehicle maker BYD plan to launch this year a test batch of a vehicle they have designed for ride-hailing services, people familiar with the matter said.
