Nearly all British Airways (BA) flights were grounded by its first ever pilots strike on Monday, disrupting the travel plans of thousands of passengers in a dispute over pay.
The National Transportation Safety Board said Monday that California state transportation officials should ensure timely repairs of highway traffic safety hardware in the aftermath of a March 2018 Tesla crash.
A gauge of global stocks advanced on Monday as investors banked on the likelihood of stimulus measures from the world’s central banks to reverse slowing growth, while the pound hit a six-week high in choppy trading on wavering hopes for Britain’s ability to leave the European Union with a deal.
The potential penalties for several wide-ranging investigations into whether Facebook, Google and other big U.S. tech companies used their market power unfairly include everything from breaking up the companies, to large fines and forcing them to create more competition.
Wall Street’s main indexes edged higher on rising expectations of monetary stimulus from global central banks to boost growth, while a drop in technology and healthcare stocks kept a check on gains.
Saudi Arabia wants to enrich uranium for its nuclear power program, its energy minister said on Monday, potentially complicating talks with Washington on an atomic pact and the role of U.S. companies.
U.S. Treasury Secretary Steven Mnuchin on Monday said he did not see the threat of a recession as the Trump administration seeks to revive trade negotiations with China, adding that he expected a positive year ahead for the U.S. economy.
Activist investor Elliott Management Corp on Monday questioned AT&T Inc’s $85 billion takeover of Time Warner and called for the wireless carrier to sell non-core businesses to boost its stock price, driving its shares their highest in a year.
AT&T Inc shareholder Elliott Management Corp on Monday questioned the wireless carrier’s $85 billion takeover of Time Warner and called for it to sell non-core businesses to boost its stock price, driving shares in the company up 10%.
U.S. consumer sentiment about buying a home ticked up in August as expectations about falling mortgage rates offset reduced optimism about home price appreciation and the timing to buy and sell a home, Fannie Mae said on Monday.
Novartis Chief Executive Vas Narasimhan, facing an uproar over data manipulation involving $2.1 million gene therapy Zolgensma, pledged on Monday to tell regulators quickly if credible questions emerge in future over data integrity.
Nissan Motor Co CEO Hiroto Saikawa will resign on Sept. 16, the automaker said on Monday, bowing to pressure after he admitted to being improperly overpaid and marking further upheaval at a company battered by scandal and plunging profit.
U.S. stocks were set to open higher on Monday, as mixed global economic data lifted expectations of monetary stimulus from central banks, including the U.S. Federal Reserve.
U.S. President Donald Trump on Monday weighed in on activist investor Elliott Management Corp’s moves targeting AT&T Inc , calling the hedge fund’s actions “great news” and repeating his criticism of the wireless carrier’s CNN news division.
The United States is meeting with technology and other companies as it considers its options following a row with Paris over France’s tax on big internet firms, the U.S. Treasury secretary said on Monday.
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