Business & Finance News
The number of Americans filing applications for unemployment benefits increased more than expected last week, suggesting the labor market was slowing, but probably not to the extent implied by a near-stall in job growth in February.
U.S. lawmakers said after a briefing with the acting head of the Federal Aviation Administration on Thursday that Boeing 737 MAX 8 and 9 planes will remain grounded for “weeks” at a minimum, until a software upgrade could be tested and installed in all of the planes.
A U.S. judge who has been asked to sign off on a government agreement that allowed CVS Health Corp to buy health insurer Aetna ordered a hearing for April 5 on the matter.
Dollar General Corp will plow back a part of its 2019 profit to revamp its supply chain and add self-checkout lanes at its stores as it competes with online grocers and U.S. chains Walmart Inc and Kroger Co.
Investigators in France will begin analyzing the crashed Ethiopian Airlines jet’s black boxes on Friday, seeking clues into a disaster that has angered scores of mourning families and grounded Boeing’s global 737 MAX fleet.
A former junior trader who accused UBS of mishandling a complaint of rape and sexual assault by senior colleagues against her has filed a claim in the UK for damages against the Swiss lender, legal documents seen by Reuters show.
France’s air accident investigation agency on Thursday released a picture of the doomed Ethiopian Airlines jet’s flight data recorder, which appeared to show the crash-proof housing protecting the critical recording chip intact.
Toyota Motor Corp said on Thursday it will invest $749 million in five U.S. plants and add 586 jobs as it boosts engine production capacity and adds new hybrid models to its lineup.
U.S. home furnishing retail chain Pier 1 Imports Inc has tapped debt restructuring lawyers to navigate potential negotiations with lenders as it struggles with falling sales, people familiar with the matter said on Thursday.
Microsoft Corp on Thursday said it is combining elements of its video gaming and Azure cloud computing businesses to court game developers, an action designed to use the strength of its Xbox gaming franchise to gain ground on cloud services leader Amazon.com.
China’s Huawei Technologies Co Ltd on Thursday pleaded not guilty to a 13-count indictment filed in a New York federal court against the company, as tensions have ratcheted up between the U.S. and Beijing.
A gauge of global equity markets traded little changed on Thursday as fading risks of a disorderly Brexit lifted European shares but bolstered the dollar ahead of another vote, while Wall Street was flat on uncertainty over U.S.-Sino trade talks.
President Donald Trump said on Thursday the United States was doing very well in trade talks with China, but that he could not say whether a final deal would be reached.
Ethiopian investigators have arrived at France’s BEA air accident investigation agency and technical analysis of the black boxes recovered from the doomed Ethiopian Airlines plane will begin on Friday, the agency said.
The Trump administration is discussing a thick tome of ideas with Chinese officials as the two sides seek a trade deal, with Washington expecting some elements to be resolved soon, U.S. Treasury Secretary Steven Mnuchin said on Thursday.
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