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U.S. shipping sanctions to dent demand for dirty shipping fuel: Refinitiv

U.S. sanctions on a top Chinese shipping fleet is set to produce a totally unintended result -- less burning of the dirtiest marine fuels at sea at the start of next year, Refinitiv data showed on Tuesday.



6 years ago

Airbus-owned Stelia Aerospace to build Portugal assembly plant

Stelia Aerospace, owned by European planemaker Airbus , will open a 40 million euro ($44 million) assembly plant near Porto in Portugal, creating 240 jobs, company and government officials said on Tuesday.



6 years ago

Murray Energy files for bankruptcy as U.S. coal decline continues

Murray Energy Corp, one of the largest privately-held U.S. coal miners, whose founder is an outspoken supporter of President Donald Trump, became the latest in a string of coal companies to file for bankruptcy on Tuesday as generators shift to cleaner-burning natural gas and renewable energy.



6 years ago

Factbox: U.S. coal-fired power plants scheduled to shut

U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,300 MW in 2018, according to U.S. Energy Information Administration (EIA) and Thomson Reuters data.



6 years ago

Uber says will not share electric bike rider data with Los Angeles

Uber Technologies Inc said it would not share real-time location data of its electric bike riders with the city of Los Angeles, saying it would violate their privacy.



6 years ago

U.S. telecoms supply chain rules under review at Commerce Department: official

Rules to implement a White House executive order declaring a national emergency in the telecoms supply chain are "under consideration and review" at the Department of Commerce, an agency official said on Tuesday.



6 years ago

Bank of America to give employees special bonuses for 2019 performance

Bank of America Corp will reward employees for the bank's strong performance through special bonuses for the third straight year, according to an internal memo viewed by Reuters.



6 years ago

Fiat Chrysler, Peugeot owner PSA in talks to combine: WSJ

Fiat Chrysler and Peugeot owner PSA are in talks to combine in a deal that could create a $50 billion automaker, the Wall Street Journal reported on Tuesday, citing sources.



6 years ago

Boeing CEO accused of telling 'half-truths' in 737 MAX hearing

Boeing Co Chief Executive Dennis Muilenburg faced intense grilling by U.S. lawmakers at a hearing on Tuesday over what the company knew about its MCAS stall-prevention system linked to two deadly crashes, and about delays in turning over internal 2016 messages that described erratic behavior of the software in a simulator.



6 years ago

Oil mixed on forecast of falling U.S. fuel stockpiles

Oil prices were mixed on Tuesday, paring earlier steep losses as investors focused on signs that U.S.-China trade tensions could ease next month and expectations that U.S. refined product stockpiles declined last week.



6 years ago

Wall St holds steady after S&P hits record

The S&P 500 eased back from a record high on Tuesday to trade near the unchanged mark as investors weaved through the heart of earnings season and the latest headlines on a potential trade deal between the U.S. and China.



6 years ago

J&J says new tests find no asbestos in same baby power bottle that sparked recall

Johnson & Johnson said on Tuesday that 15 new tests found no asbestos in a bottle of baby powder that the U.S. Food and Drug Administration previously said had tested positive for trace amounts of asbestos.



6 years ago

Fiat Chrysler, Peugeot owner PSA in talks to combine: source

Fiat Chrysler and Peugeot owner PSA are in talks to combine in a deal that could create a $50 billion automaker, a source familiar with the matter said on Tuesday.



6 years ago

Wall St dips after S&P notches record, Fed on deck

The S&P 500 edged lower to snap a four-session win streak on Tuesday and it retreated from a record high as investors grappled with a flood of earnings and the latest update on a potential trade deal between the U.S. and China.



6 years ago

Study says 630 million could be living below projected flood levels by 2100

A new study from Climate Central says that by the end of the century 630 million people could live on land threatened by floods.

6 years ago