The U.S. Federal Trade Commission is considering seeking a preliminary injunction against Facebook Inc because of concerns that policies about how its apps interact violate antitrust law, The Wall Street Journal reported https://www.wsj.com/articles/ftc-weighs-seeking-injunction-against-facebook ...
KUALA LUMPUR: Malaysian carmaker Proton has reinvented itself in terms of quality and branding, said CEO Li Chunrong, adding that the company is now competing with global players such as Toyota and Honda. In an exclusive interview with CNA on Wednesday (Dec 11), Mr Li noted that Proton had ...
A U.S. labor board on Thursday approved McDonald's Corp's proposed settlement of a major case, allowing the fast-food company to avoid a ruling on whether it is a “joint employer” at its franchises and could be made to bargain with unions.
Broadcom Inc forecast full-year 2020 revenue above Wall Street estimates on Thursday, as the company expects to benefit from strong demand for its chips from rising 5G adoption and growth in its software business.
Boeing Co has delayed plans to reach a record production rate of 57 737 jets per month next year, industry sources said on Thursday, even before the U.S. FAA announced a new delay in the 737 MAX return to service that raised uncertainty over production plans.
Federal Aviation Administration chief Steve Dickson is meeting with Boeing's chief executive Dennis Muilenburg later Thursday on the fate of the grounded 737 MAX, according to an email seen by Reuters.
NEW YORK: US stocks on Thursday (Dec 12) sailed to their first record closes of December, lifted by media reports that Washington and Beijing had struck a trade bargain at last. Two of the three main indexes closed with new records - the broad-based S&P 500 gained 26.94 points (0.86 per...
Wall Street's main indexes hit record highs on Thursday following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two years.
American Airlines Group Inc will extend cancellations of Boeing Co 737 MAX flights through April 6, it said on Thursday, a day after the U.S. Federal Aviation Administration said it would not approve the plane's return to service before January.
NEW YORK: In trade negotiations with China, President Donald Trump has made it a priority that the Asian giant buy tens of billions of dollars in US farm goods. Achieving that goal is another matter. HOW MUCH DO THE US AND CHINA TRADE? From 2008, China was either the...
