General Motors Co plans to build a new family of premium electric pickup trucks and sport-utility vehicles at its Detroit-Hamtramck plant beginning in late 2021, possibly reviving the imposing Hummer brand on some of them, several people familiar with the plans said.
The Pentagon's decision to move into a full-rate production contract for the F-35 jet, made by Lockheed Martin , could be delayed until 2021 because of issues integrating the jet with its testing and training simulators, an official said on Friday.
Executives from several large healthcare companies and state attorneys general were progressing toward what is expected to be a multibillion-dollar deal to resolve the sprawling litigation over the U.S. opioid epidemic, a plaintiffs' lawyer said on Friday.
Facebook's Libra digital currency project is "a neat idea that will never happen," JPMorgan Chase chief executive Jamie Dimon said on Friday, adding to scepticism of the project which has been criticized by policymakers and some regulators.
Wall Street fell on Friday, dragged down by Boeing and Johnson & Johnson and as worries over global economic growth were rekindled by gloomy data out of China.
Oracle Corp co-Chief Executive Officer Mark Hurd has died, the business software maker said on Friday, an unexpected development that raises pressure on co-CEO Safra Catz to lead the company's ongoing transition to cloud computing.
Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a bottle purchased online.
Boeing Co turned over instant messages from 2016 between two employees that suggest the airplane maker may have misled the Federal Aviation Administration about a key safety system on the grounded 737 MAX, sources briefed on the matter said.
Oracle Corp's co-chief executive officer, Mark Hurd, passed away on Friday, according to an internal email reviewed by Reuters.
With the US$2 he earns in wages each week working as a cargo driver for Venezuelan state oil company PDVSA, 56-year-old Freddy Brito cannot even afford to buy one kilogram (2.2 lb) of cheese.
