Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough.
Boeing Co has received a $3.9 billion contract to build two 747-8 aircraft for use as Air Force One by the U.S. president, due to be delivered by December 2024 and painted red, white and blue, officials said on Tuesday.
Publisher Fairfax Media said on Wednesday it had agreed with rival News Corp’s Australian unit to collaborate on printing newspapers to curb costs.
Newspaper publisher Fairfax Media said on Wednesday that it has entered an agreement with News Corp’s Australian unit to collaborate on printing newspapers.
Boeing Co was awarded a $3.9 billion contract modification for two 747-8 aircraft for presidential use under the Air Force One name, the Pentagon said on Tuesday.
Texas Instruments has dumped CEO Brian Crutcher for personal misconduct less than two months after he took over the job, ruining the chip maker’s hopes for a smooth transition to new leadership. Crutcher resigned Tuesday after TI’s board determined he violated the company’s code of conduct with behavior the company said was not consistent with its ethics and core values. TI emphasized Crutcher’s transgression wasn’t related to its operations or finances. …read more […]
Berkshire Hathaway Inc on Tuesday made it easier for the company to buy its own shares, a change that could help billionaire Chairman Warren Buffett deploy more of the conglomerate’s cash.
Five months ago, Google decided to rein in Nest. After four years as a mostly …read more […]
CSX Corp on Tuesday posted quarterly profit that topped Wall Street’s target, as the No. 3 U.S. railroad operator benefited from an ongoing cost-cutting drive and rising prices for carrying freight.
CSX Corp on Tuesday posted quarterly profit that topped Wall Street’s target after the No. 3 U.S. railroad operator continued to benefit from its drive to cut costs and boost efficiency.
Boeing Co sees scope for additional cost savings from suppliers as it expands through the proposed acquisition of the regional jet business of Brazil’s Embraer SA , Chief Executive Dennis Muilenburg told Reuters on Tuesday.
MGM Resorts International has sued hundreds of victims of the deadliest mass shooting in modern U.S. history in a bid to avoid liability for the gunfire that rained down from its Mandalay Bay casino-resort in Las Vegas. The company argues in lawsuits filed Friday in Nevada and California that it has “no liability of any kind” to survivors or families of slain victims under a federal law enacted after the Sept. 11 terrorist attacks. The lawsuits target victims who have sued the company and voluntarily dismissed their claims or have threatened to sue after a gunman shattered the …read more […]
Texas Instruments Inc said on Tuesday Brian Crutcher had resigned as the company’s chief executive officer just six weeks into the role, due to violations of the chipmaker’s code of conduct.
United Airlines raised its profit forecast for 2018 on Tuesday, as average fares and traffic both rose and it trimmed capacity expansion in the face of soaring fuel costs.
CSX Corp on Tuesday posted quarterly profit that topped Wall Street’s target after the No. 3 U.S. railroad operator continued to benefit from its drive to cut costs and boost efficiency.
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