The U.S. Justice Department has issued civil subpoenas in its antitrust investigation into four major automakers’ voluntary agreement with California to adopt compromise vehicle emissions requirements, a source briefed on the matter said on Thursday.
Two Democratic U.S. House lawmakers said on Thursday the Federal Aviation Administration overruled agency technical specialists on two Boeing Co safety issues involving the 737 MAX rudder cable and lightning protection for the 787 Dreamliner that it said could be "potentially catastrophic."
WASHINGTON: The US government is likely soon to spell out how it will enforce oversight of foreign investment in the United States, a US official said on Thursday (Nov 7), after a law last year expanded the agency's authority to crack down on harmful Chinese investment. Thomas Feddo, who...
SAN FRANCISCO: Walt Disney Co. on Thursday (Nov 7) reported better-than-expected quarterly results, fuelled by the release of blockbuster films "Aladdin" and "The Lion King" as it prepared for its new streaming television service. Disney profit in the recently ended quarter was US$1.05 billion ...
But these recent cracks discovered by Qantas on its Boeing fleet should worry the airline, not its passenger, says the University of New South Wales' John Page.
Facebook Inc on Thursday urged a judge not to force it to turn over records to Massachusetts' attorney general disclosing thousands of apps the social media giant suspects misused users' data, as part of a probe into its privacy practices.
REUTERS: Videogame publisher Take-Two Interactive Software Inc forecast holiday-quarter revenue below expectations, as console-based titles face stiff competition from online free-to-play games that attract a more younger audience. The company's shares fell about 2per cent to US$114.70 in after ...
Gap Inc said on Thursday Chief Executive Officer Art Peck will step down and also cut its full-year earnings forecast, blaming slower traffic and operational challenges, sending the apparel maker's shares down 7per cent.
Under the Trump administration, the Securities and Exchange Commission (SEC) has taken more than two dozen measures - including trimming rules - that make life easier for corporate America, according to a Reuters analysis of SEC announcements and interviews with more than a dozen lawyers, academics ...
