Articles by admin

By Justin George Varghese, Rachel Armstrong and Pamela Barbaglia

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Federal prosecutors in Detroit on Monday charged a former United Auto Workers vice president with conspiracy to violate labor laws.

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Investigators probing the crash of an Ethiopian Airlines Boeing 737 MAX jet eight days ago have found strong similarities in the ‘angle of attack’ data recorded by the doomed aircraft’s cockpit recorder and data from a Lion Air jet of the same model that crashed in October, a person familiar with the matter said.

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The S&P 500 and Nasdaq extended last week’s gains on Monday, lifted by technology and financial stocks, as investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes.

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Apple Inc, in a surprise move on Monday, launched a new 10.5-inch iPad Air and updated its iPad Mini ahead of a March 25 event where it is expected to launch a television and video service.

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Boeing Co shares fell 3 percent on Monday, after a pair of newspaper reports over the weekend raised more questions about the certification process for its 737 MAX jets before two recent deadly crashes.

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U.S. stocks opened mixed on Monday, following the S&P 500 and Nasdaq’s strongest weekly gain in 2019, while the Dow was pressured by shares of the world’s largest planemaker Boeing Co.

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Volkswagen on Monday said it had expressed its intent to Germany’s Economy Ministry to participate in a state funding scheme aimed at supporting battery cell production for electric vehicles.

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The world’s biggest planemaker faced escalating pressure on Monday after Ethiopia pointed to parallels between its crash and one in Indonesia, sharpening focus on the safety of software installed in Boeing’s 737 MAX planes.

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Deutsche Bank and Commerzbank faced concerns from workers unions, Chancellor Angela Merkel’s office and top shareholders on Monday after confirming merger talks.

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The S&P 500 and Nasdaq were set for a muted open on Monday, coming off their strongest weekly jump this year, while investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes.

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Apple Inc in a surprise move on Monday launched a new 10.5-inch iPad Air and updated its 7.9-inch iPad Mini ahead of its March 25 event.

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Global shares hit their highest levels in five months and the dollar dipped on Monday, as traders began to price in the likelihood of the U.S. Federal Reserve sticking to an accommodative stance at its policy meeting this week.

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British online supermarket Ocado plans to establish an office for its Ocado Solutions technology business in the Washington D.C. area of the United States, it said on Monday.

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China dismissed U.S. security warnings against its telecoms equipment maker Huawei as groundless and “abnormal” on Monday, as the Chinese government’s top diplomat went to Brussels to cool growing European frustration over trade.

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