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Reuters: Business News

Exxon, New York prosecutors face off in climate 2019-10-22 17:55:49A lawyer for New York's attorney general on Tuesday told a state judge Exxon Mobil Corp used two sets of books to hide the true cost of climate chan

Boeing makes progress on 737 MAX, but FAA 2019-10-22 17:54:40Boeing Co is making progress toward getting its 737 MAX aircraft in the air again, but the U.S. Federal Aviation Administration (FAA) will need at le

U.S. charges six investment bankers over insider trading 2019-10-22 17:54:26U.S. prosecutors said on Tuesday they had charged six members of an insider trading ring who worked for firms including Goldman Sachs Group , Moelis a

Oil prices rise as OPEC mulls deeper output 2019-10-22 17:42:13Oil prices rose on Tuesday after China signaled progress in trade talks with the United States and OPEC and its allies mulled deeper production cuts,

U.S. defense chief drops review of $10 billion 2019-10-22 17:26:55U.S. Defense Secretary Mark Esper has removed himself from reviewing a disputed $10 billion cloud computing deal because of a possible conflict of int

Boeing replaces senior executive as 737 MAX crisis 2019-10-22 17:13:26Boeing Co on Tuesday replaced the top executive of its commercial airplanes division, Kevin McAllister, marking the first high-level departure since

Biogen resurrects Alzheimer's drug; shares jump 27% 2019-10-22 17:08:34Biogen Inc revived plans on Tuesday to seek U.S. approval for Alzheimer's treatment aducanumab, surprising investors and saying data from more patie

Former UAW official pleads guilty to federal charges 2019-10-22 17:01:17A former top official of the United Auto Workers union pleaded guilty on Tuesday to federal charges of financial misconduct while about 48,000 UAW mem

Pound, stocks slip as lawmakers reject Brexit law 2019-10-22 16:54:30The pound weakened and stocks on world markets declined on Tuesday after British lawmakers rejected the government's proposed timetable for passing l

U.S. business borrowing for equipment rises 18% in 2019-10-22 16:48:49U.S. companies' borrowing to spend on capital investments rose 18% in September from a year earlier, the Equipment Leasing and Finance Association (E

SoftBank clinches deal to take over WeWork: sources 2019-10-22 16:48:32SoftBank Group Corp has agreed to spend more than $10 billion to take over WeWork, doubling down on an ill-fated investment and paying off its co-fou

Nike CEO Mark Parker to step down, John 2019-10-22 16:36:13Nike Inc's long-time chief executive officer, Mark Parker, will step down next year and be replaced by John Donahoe, the CEO of cloud computing firm

Christian Science Monitor |

Too much milk: Two nations’ travails with dairy 2019-10-16 11:09:27The U.S. has embraced exports. Canada keeps them out to manage its milk supply. Global markets pose a challenge to both.

Sea levels are rising, so why is coastal 2019-10-11 14:33:00Sea levels and flooding are on the rise, yet Charleston County, South Carolina, allowed 761 new homes in vulnerable areas over the past decade.

GM’s future is electric. That poses challenge for 2019-10-08 16:51:28A four-week-old strike is about worker pay, but the talks will also help determine whether Detroit car makers are positioned for an electric future.

Fed looks for tools to solve fiscal 'challenge 2019-10-08 12:01:01Unemployment is low, but interest rates remain stubbornly off the Federal Reserve's target. Fed Chairman Jerome Powell is open to anyone with answers

Manufacturing in recession? Not so far in this 2019-10-03 17:00:00Nationwide, the manufacturing sector is essentially in recession. But in a politically pivotal Wisconsin County, economic alarm bells aren’t rin

EU vows to hit back against US tariffs 2019-10-03 12:21:47Manufacturers face an increasingly unstable global economy as EU leaders threaten countermeasures for new U.S. tariffs, which go into effect Oct. 18.

Striking auto workers want fairer pay – and 2019-09-25 14:59:01A federal probe of UAW leaders has widened over the past year. Analysts say the taint could embolden both sides in a labor-talk impasse with GM.

Juul to end e-cigarette advertising and lobbying as 2019-09-25 11:30:49The company faces increasing pressure on the state and federal levels. Massachusetts declared vaping a public health emergency and has stopped sales.


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