Business & Finance News
The boards of French carmaker PSA , the owner of Peugeot, and Fiat Chrysler (FCA) in separate meetings on Tuesday approved a binding agreement for a $50 billion merger, sources said.
Wall Street’s major indexes inched higher on Tuesday, extending their record-setting rally, as strong housing and manufacturing data bolstered investors’ confidence in the U.S. economy.
Wall Street’s major indexes inched higher on Tuesday, extending their record-setting rally, as strong housing and manufacturing data bolstered investors’ confidence in the U.S. economy.
Wall Street stocks inched higher on Tuesday, extending their record-setting rally, as strong housing and manufacturing data bolstered investors’ confidence in the U.S. economy.
Boeing Co’s decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact U.S. economic growth and employment, but the pain may be brief and concentrated in areas where suppliers are located, analysts and executives say.
Mexican President Andres Manuel Lopez Obrador said on Tuesday that he met with AT&T Inc Chief Executive Randall Stephenson, who assured him the telecommunications firm will continue investing and strengthening its operations in Mexico.
The dollar rose on Tuesday amid concerns about a hard deadline for Britain to reach a new trade deal with the European Union, while global equity markets edged higher, lifted by a resurgent U.S. housing market that bodes well for the economy.
The board of French carmaker PSA , the owner of Peugeot, approved a binding agreement for a $50 billion merger with rival Fiat Chrysler , a source close to the matter said on Tuesday.
The U.S. Federal Aviation Administration (FAA) needs to improve its oversight to address maintenance issues at Allegiant Air, the 11th largest U.S. carrier, according to a report seen by Reuters on Tuesday.
China’s Dongfeng Motor will have a reduced stake of around 4.5% in the new group resulting from the merger between Peugeot owner PSA and rival Fiat Chrysler , two sources said on Tuesday.
Half a million washing machines manufactured by Whirlpool Corp and sold in Britain are to be recalled following an order from the country’s safety regulator which found they pose a fire risk.
The U.S. National Highway Traffic Safety Administration (NHTSA) said Tuesday it is upgrading an investigation into 1.7 million General Motors Co vehicles for windshield wiper failures.
Boeing Co’s decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact the U.S. economy and employment, but the pain may be brief and concentrated in areas where suppliers are located, analysts and executives say.
U.S. stocks were near record levels on Tuesday, following four straight sessions of gains, as investor confidence in the U.S. economy was reinforced following upbeat housing and manufacturing data.
Dow stalwart Boeing Co’s shares have nearly erased their gains for 2019 as the plane maker grapples with the fallout from its sidelined 737 MAX jetliner.
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