Boeing Co needs to reorganize its engineering reporting lines company-wide and ensure higher ranking officials, including its CEO, get faster feedback about potential safety concerns from lower levels of the company, according to an internal review at the U.S. planemaker following two recent fatal crashes.
U.S. food company Campbell Soup Co said on Friday quarterly sales rose 2%, helped by demand for its soups and snacks.
By Rania El Gamal, Alex Lawler, Marwa Rashad and Hadeel Al Sayegh
China will exempt 16 Tesla Inc electric vehicle (EV) models from purchase tax, the Ministry of Industry and Information Technology said in a statement on its website.
Denmark's financial watchdog said on Friday it had reported Danske Bank to the police for overcharging customers, the latest blow to the lender as it tries to restore trust after involvement in a major money laundering scandal.
U.S. President Donald Trump, who is engaged in a trade war with Beijing, said on Friday that American automaker General Motors had opened major plants in China before he took office and should begin moving its operations back to the United States.
U.S. food company Campbell Soup Co reported better-than-expected fourth-quarter profit, benefiting from cost cuts, sending shares up 5% before the bell.
China will exempt Tesla Inc's electric vehicles (EV) from purchase tax, the Ministry of Industry and Information Technology (MIIT) said on its website.
U.S. stocks index futures rose on Friday, as investors took comfort from signals that the United States and China will resume trade talks.
Oil prices gave back some of their recent gains on Friday, but were still headed for the biggest weekly increase since early July, boosted by an easing of China-U.S. trade rhetoric, a decline in U.S stockpiles and a looming hurricane in Florida.
Sunrise Communications' proposed takeover of Liberty Global's Swiss UPC business faces a revolt with at least two big investors joining top shareholder Freenet in opposing the 6.3 billion Swiss franc ($6.46 billion) deal, sources said.
The 10 best U.S. cities for early retirement are ranked by effective income tax rate for retirees, the average cost of a silver health insurance plan for a 60-year-old, the concentration of nearby medical facilities, crime statistics and more.
U.S. stocks opened broadly higher on Friday as investors took comfort from signals that the United States and China will resume trade talks, easing worries about further damage from their long-standing trade war that has roiled financial markets.
From early-stage startups trying to make it to their Series A to late-stage companies gearing up to go public, bridge rounds are a common occurrence in the startup world. Continue reading
U.S. consumer spending increased solidly in July as households bought a range of goods and services, which could further allay financial market fears of a recession, but the strong pace of consumption is unlikely to be sustained amid tepid income gains.