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Cuban trade delegation visits U.S. as Trump ponders detente

January 25, 2017 by · Leave a Comment 

A Cuban trade delegation arrived in the United States this week to visit four states and six ports, even as the Trump administration pondered what to do with a fragile detente initiated…

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Cuban trade delegation visits U.S. as Trump ponders detente

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Boeing sets cash flow record, lifts 2017 forecast for jet output

January 25, 2017 by · Leave a Comment 

(Reuters) – Boeing Co said on Wednesday it expects to deliver between 760 and 765 commercial aircraft in 2017, topping 748 deliveries in 2016. The world's biggest maker of jetliners said it expects 2017 core earnings, which exclude some pension and other costs, of between $9.10 and $9.30 per share on revenue of $90.5 billion to $92.5 billion. Boeing forecast operating cash flow of about $

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Boeing sets cash flow record, lifts 2017 forecast for jet output

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Cisco to buy AppDynamics for $3.7 billion in growth push

January 25, 2017 by · Leave a Comment 

By Liana B. Baker and Heather Somerville SAN FRANCISCO (Reuters) – Cisco Systems Inc said on Tuesday that it agreed to buy U.S. business software company AppDynamics Inc for about $3.7 billion, making one of its largest deals of recent years as it searches for growth beyond its core networking business. Legacy technology players like Cisco have been…

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Cisco to buy AppDynamics for $3.7 billion in growth push

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Diesel cheating inquiries widen to Renault and Fiat

January 13, 2017 by · Leave a Comment 

By Gilles Guillaume, Simon Carraud and Agnieszka Flak PARIS/MILAN (Reuters) – European carmakers were drawn into widening investigations into diesel emissions cheating on Friday, with French prosecutors examining Renault and British authorities seeking answers from Fiat Chrysler Automobiles NV. Volkswagen's admission that some of its diesel vehicles were fitted with devices which hid their true level of emissions has sparked a global regulatory push to

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Diesel cheating inquiries widen to Renault and Fiat

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Retail sales rise on strong auto demand

January 13, 2017 by · Leave a Comment 

WASHINGTON, Jan 13 (Reuters) – U.S. retail sales rose solidly in December amid strong demand for automobiles, providing further evidence that the economy ended the fourth

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Retail sales rise on strong auto demand

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Boeing nears $10.1 billion order from India’s Spicejet: Bloomberg

January 6, 2017 by · Leave a Comment 

(Reuters) – Indian budget airline SpiceJet Ltd is expected to order at least 92 Boeing Co 737 jetliners, as it looks to bolster its presence in the world's fastest growing aerospace market, Bloomberg reported on Thursday.

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Boeing nears $10.1 billion order from India’s Spicejet: Bloomberg

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Lockheed CEO tells Trump she will work to drive down cost of F-35

December 24, 2016 by · Leave a Comment 

(Reuters) – The chief executive of Lockheed Martin Corp told President-elect Donald Trump on Friday that she was committed to driving down the cost of the company's F-35 fighter jet, a day after Trump took aim at the cost of the F-35 in a Twitter post…

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Lockheed CEO tells Trump she will work to drive down cost of F-35

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U.S. Justice Dept. orders whistleblower to testify in Wells Fargo probe

December 24, 2016 by · Leave a Comment 

U.S. prosecutors in San Francisco have asked Wells Fargo banker Yesenia Guitron, who lost a private lawsuit against the fourth-largest lender, to testify before a grand jury in San Francisco on Tuesday, according to a subpoena dated Dec. 12, which was seen by Reuters. A Wells Fargo spokesman declined to comment.

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U.S. Justice Dept. orders whistleblower to testify in Wells Fargo probe

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Japan nearly doubles Fukushima disaster-related cost to $188 billion

December 9, 2016 by · Leave a Comment 

Japan's Ministry of Economy, Trade and Industry (METI) said on Friday it has nearly doubled its projections for costs related to the Fukushima nuclear disaster, including decommissioning and compensation, to 21.5 trillion yen ($188.40 billion). Subsequent explosions released massive amounts of radiation, forcing the evacuation of 160,000 people from areas around the plant.

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Japan nearly doubles Fukushima disaster-related cost to $188 billion

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Wife of billionaire Pimco co-founder Bill Gross files for divorce

December 9, 2016 by · Leave a Comment 

NEW YORK (Reuters) – The wife of Pacific Investment Management Co co-founder Bill Gross is seeking a divorce after 31 years of marriage.

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Wife of billionaire Pimco co-founder Bill Gross files for divorce

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