Business & Finance News
Michael Avenatti on Tuesday again proclaimed his innocence on charges he tried to extort millions of dollars from Nike Inc, but in an interview with CBS, admitted he was concerned about doing prison time.
Wednesday will be a pivotal day for aircraft maker Boeing Co and the federal aviation safety regulators as they try to rebuild trust following two deadly crashes of Boeing 737 MAX airliners.
Split decisions on Tuesday by a U.S. government panel in acrimonious patent disputes between iPhone-maker Apple and chip supplier Qualcomm left their battle lines largely unchanged ahead of a U.S Federal Trade Commission ruling and a major trial next month.
Swiss drugmaker Roche will close its manufacturing plant in the Brazilian city of Rio de Janeiro, shuttering operations over the next five years before selling the plot, the company said in a statement on Tuesday.
A committee tasked with revamping corporate governance at Nissan Motor Co is expected to recommend on Wednesday a bigger role for external directors in overseeing the Japanese automaker following Carlos Ghosn’s arrest and ouster as chairman.
Split decisions on Tuesday by a U.S. government panel in acrimonious patent disputes between iPhone-maker Apple and chip supplier Qualcomm left the battle lines largely unmoved ahead of a U.S Federal Trade Commission ruling and a major trial next month.
Dow Inc will replace DowDuPont Inc in the Dow Jones Industrial Average following the chemical corporation’s breakup into three smaller companies, S&P Dow Jones Indices said on Tuesday.
Lawyers for Elon Musk and the U.S. Securities and Exchange Commission will square off in a Manhattan courtroom next week over whether the Tesla Inc chief executive should be held in contempt over one of his tweets.
A Southwest Airlines Co Boeing 737 MAX 8 heading to the California desert for parking during a global ban of the aircraft made an emergency landing on Tuesday due to an engine-related problem shortly after take-off, the carrier said.
A federal judge on Tuesday scheduled an April 4 hearing to hear oral arguments in the U.S. Securities and Exchange Commission lawsuit seeking to hold Tesla Inc Chief Executive Elon Musk in contempt.
Qualcomm Inc on Tuesday lost a bid to have imports of some Apple Inc iPhones banned in a final ruling on one dispute between the two companies by the full U.S. International Trade Commission.
Qualcomm Inc on Tuesday lost a bid to have imports of some Apple Inc iPhones banned in a final and binding ruling on one dispute between the two companies by the full U.S. International Trade Commission.
Boeing engineers armed with laptops and thumb drives will be able to upload a crucial software fix for the 737 MAX anti-stall system in about an hour. That’s the easy part.
U.S. stocks gained on Tuesday, with financials snapping a five-day losing streak as Treasury yields stabilized above 15-month lows.
The U.S. aviation regulator will significantly change its oversight approach to air safety by July following two fatal Boeing Co MAX 737 passenger plane crashes, according to written congressional testimony seen by Reuters.
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