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Questions over Hyundai construction of Chilean bridge amid row with government

Chile's finance minister has sought to downplay a row between the government and the construction and engineering arm of South Korean giant Hyundai over a $740 million suspension bridge, saying disputes in such mega projects were "quite common."



5 years ago

China's November soybean imports from U.S. rise as tariff-free cargoes arrive

China's November soybean purchases from the United States surged from a year earlier, data showed on Wednesday, as cargoes booked by importers with tariff-free quotas cleared customs.



5 years ago

Boeing ditches CEO Muilenburg in bid to contain 737 MAX crisis

Boeing Co has fired its Chief Executive Dennis Muilenburg, seeking to restore confidence after two fatal crashes forced the world's biggest planemaker to halt production of its best-selling 737 MAX jetliner.



5 years ago

Forget store traffic and bag count: Gauging retail performance in an online world

Marshal Cohen has religiously visited the same stores every holiday season since 1999.



5 years ago

Factbox: Sizing up retailers' performance as online sales surge

As online shopping upends the retail business, many Wall Street analysts say traditional measures such as counting the number of people who visit stores on major shopping days are no longer a reliable gauge of a company's performance.



5 years ago

In win for Uber, Lyft, judge strikes down New York City's cruising cap

A New York state judge on Monday ruled in favor of Uber Technologies Inc and Lyft Inc in a lawsuit against New York City, striking down a new rule limiting how much time drivers for ride-hailing services can spend cruising streets in busy areas of Manhattan without passengers.



5 years ago

Shares inch to new highs on trade hopes; dollar little changed

The dollar traded little changed while equity markets added to a year-end rally on Monday, with both a gauge of stock performance worldwide and Wall Street hitting new highs amid renewed optimism over U.S.-China trade and growth prospects.



5 years ago

Boeing fires CEO Muilenburg to restore confidence amid 737 crisis

Boeing Co has fired Chief Executive Dennis Muilenburg after repeatedly failing to contain the fallout from a pair of fatal crashes that halted output of its best-selling jetliner and tarnished its reputation with airlines and regulators.



5 years ago

Wall Street posts records amid trade optimism; Boeing juices Dow

Wall Street's main indexes posted record closing highs on Monday after President Donald Trump said an initial U.S.-China trade pact would be signed soon, while Boeing gave the Dow a big boost after the planemaker ousted its chief executive officer.



5 years ago

Here's how the new retirement legislation could fall short

The Secure Act, signed into law days ago by President Trump, aims at boosting access to workplace retirement plans such as 401(k) plans, yet may fall short of expectations.

5 years ago

BMW says being investigated by U.S. SEC

German automaker BMW AG said on Monday it was being investigated by the U.S. Securities and Exchange Commission following a report of a probe related to the company's sales practices.



5 years ago

Spirit Airlines to buy 100 Airbus A320neo family aircraft

U.S. budget carrier Spirit Airlines Inc said on Monday it will buy 100 Airbus A320neo-family jets to be delivered through 2027, with options to purchase up to 50 additional aircraft.



5 years ago

Oil prices inch higher amid support for supply cuts, lower inventory forecast

Oil prices edged higher on Tuesday after Russia's energy minister, Alexander Novak, said cooperation with OPEC on supporting the market would continue and as analysts forecast a second weekly decline in U.S. crude inventories.



5 years ago

New Boeing boss David Calhoun is a tough-minded veteran of crisis

Beleaguered Boeing Co is putting its future in an industrial veteran who has led several companies in crisis, began his career at engine maker General Electric Co and has already spent a decade on the board of the world's largest planemaker.



5 years ago

Asia stocks drift lower as holiday lull counters trade cheer

Asian shares and U.S. stock futures darted in and out of losses on Tuesday, as the holiday lull offset optimism that a U.S.-China trade deal will boost exports and corporate earnings.



5 years ago