The U.S. Federal Aviation Administration (FAA) needs to improve its oversight to address maintenance issues at the 11th largest U.S. carrier Allegiant Air, a unit of Allegiant Travel Co , according to a report seen by Reuters on Tuesday.
WASHINGTON: The US Senate voted on Tuesday (Dec 17) to slap sanctions on companies working on Russia's Nord Stream pipeline, sending a bill to President Donald Trump that is sure to antagonise European nations counting on the project's natural gas. The measure, inserted into a huge annual defence ......
Half a million washing machines manufactured by Whirlpool Corp and sold in Britain are to be recalled following an order from the country's safety regulator which found they pose a fire risk.
Boeing Co's decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact the U.S. economy and employment, but the pain may be brief and concentrated in areas where suppliers are located, analysts and executives say.
Shares of Boeing Co and its global suppliers fell further on Tuesday as analysts began to tally the cost of the U.S. planemaker's decision to suspend production of 737 MAX jets in January, its biggest assembly-line halt in more than two decades.
Dow stalwart Boeing Co's shares have nearly erased their gains for 2019 as the plane maker grapples with the fallout from its sidelined 737 MAX jetliner.
Ford Motor Co said on Tuesday it plans to invest more than US$1.45 billion at two of its manufacturing facilities in Detroit to make electric, autonomous and sports utility vehicles, and add 3,000 jobs.
LONDON: The British pound slid on Tuesday (Dec 17) on news Prime Minister Boris Johnson will outlaw any extension to a Brexit transition beyond the end of next year, reviving fears of a no-deal divorce. By the late London afternoon, the pound was down by 1.7 per cent against the...
Chancellor Angela Merkel's conservatives and their Social Democrat partners have delayed until next year a decision on security rules for Germany's 5G network that could bar China's Huawei, a highly divisive issue in an unhappy alliance.
California wildfire victims and utility PG&E Corp have agreed to waive a Tuesday deadline for securing approval from the state's governor for the power company's reorganization plan that contains a US$13.5 billion settlement for the victims.
