American International Group Inc shareholders should vote against compensation packages for top executives at the insurer's annual meeting next week, according to two advisory firms that hold sway over investor votes.
Federal Communications Commission Chairman Ajit Pai on Wednesday delayed plans to begin in June a comprehensive review of a valuable band of spectrum reserved for vehicles to communicate with one another.
NEW YORK: Wall Street stocks climbed for a second straight session on Wednesday (May 15) after the US sent more conciliatory messages on trade, offsetting lacklustre economic data. The Dow Jones Industrial Average finished up 115.97 points (0.45 per cent) at 25,648.02 The broad-based S&P 500 ...
A new generation of U.S.-produced commercial supersonic jets must be no louder than existing planes or risk exacerbating existing complaints over noise from air traffic, Angela Gittens, director of Airports Council International (ACI) said.
The We Company, parent of workspace provider WeWork, said on Wednesday it has created a US$2.9 billion real estate investment platform with funding from one of Canada's largest pension funds, building on ties with private equity firm the Rhone Group.
Finland's Kone is assessing the viability of a bid for Thyssenkrupp's 14 billion euro (US$15.7 billion) elevators division even as the German conglomerate pursues plans to list it on the stock exchange, four people familiar with the matter said.
A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan.
Finland's Kone is assessing the viability of a bid for Thyssenkrupp's 14 billion euro (US$15.7 billion) elevators division even as the German conglomerate pursues plans to list it on the stock exchange, four people familiar with the matter said.
U.S. imposition of tariffs against the European Union over aircraft subsidies would cause "serious harm" to Delta Air Lines since the U.S. carrier is already under contract to buy several billion dollars worth of Airbus aircraft, a senior airline official said on Wednesday.
NEW YORK: General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that business' cash flow margins for at least three years, the company's chief financial officer said on Wednesday. "Power was a very significant negative ...
