Russia gas export pipeline in jeopardy as Trump signs sanctions bill
Swiss-Dutch company Allseas said it had suspended work on building a major Russia-to-Germany natural gas pipeline in order to avoid U.S. sanctions contained in legislation signed by President Donald Trump on Friday.
Colombia orders Uber to cease ride-hailing, cites competition rules violation
Colombia on Friday ordered Uber to cease its ride-hailing operations in the Andean country, effective immediately, after a judge ruled the company violated competition rules.
Boeing’s failed Starliner mission strains ‘reliability’ pitch
Boeing Co’s stunted Friday debut of its astronaut capsule threatens to dent the U.S. aerospace incumbent’s self-declared competitive advantage of mission reliability against the price and innovation strengths of “new space” players like Elon Musk’s Sp…
SEC probes at least two trading firms over NYSE listings: source
The U.S. securities regulator has asked at least two trading firms for information regarding a broad investigation into initial public offerings and direct listings going back five years on the New York Stock Exchange, a person familiar with the matter…
Exclusive: U.S. talks with GM over deploying self-driving cars without steering wheels
The U.S. National Highway Traffic Safety Administration is holding talks with General Motors Co on the automaker’s petition to deploy a limited number of self-driving vehicles on American roads without steering wheels or other human controls, the head…
U.S. Steel delivers unwelcome Christmas surprise to Michigan town
The mayor of a Michigan steel town was attending his grandchildren’s Christmas play Thursday evening when he got an unwelcome voicemail from an official of the town’s top employer: United States Steel Corp .
U.S. accuses FleetCor of charging hundreds of millions of dollars in hidden fees
U.S. fuel card company FleetCor Technologies Inc charged customers hundreds of millions of dollars in hidden fees after promising to help them spend less on fuel, the Federal Trade Commission said on Friday.
U.S. transport chief said economic issues not a factor in 737 MAX’s safety review
The economic impact of Boeing Co’s planned halt of 737 MAX production will not be considered by U.S. regulators in their ongoing review of when to end the grounding of a plane involved in two major fatal crashes, U.S. Transportation Secretary Elaine C…
S&P 500 posts biggest weekly percent gain since September amid data, trade optimism
U.S. stocks hit record closing highs again on Friday and the S&P 500 registered its biggest weekly percentage gain since early September after data showed a rise in consumer spending and investors continued to be optimistic about developments in the U.S.-China trade dispute.
Oil prices down but log third weekly rise on trade hopes
Oil prices fell on Friday, but both benchmarks logged a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth.