Trade commission finds Chinese mattress imports hurt U.S. industry
The U.S. International Trade Commission on Tuesday concluded that U.S. industry is materially injured by Chinese-made mattresses that are sold at less than fair value, paving the way for the U.S. Commerce Department to impose anti-dumping duties.
Former Goldman Sachs CEO pushes back on Warren’s criticism, wealth tax
Former Goldman Sachs Group Inc Chief Executive Lloyd Blankfein pushed back on Tuesday against Elizabeth Warren’s criticism of him and other prominent billionaires, saying the singling out of individuals makes him fear for the “political process in the…
GM not liable for punitive damages in ignition switch cases: U.S. appeals court
A federal appeals court said General Motors Co is not liable for punitive damages over accidents that occurred after its 2009 bankruptcy and involved vehicles it produced earlier, including vehicles with faulty ignition switches.
Google enters gaming with cloud-based streaming service Stadia
Alphabet Inc’s Google on Tuesday launched Stadia, a cloud-based service that allows users to stream games including “Assassin’s Creed Odyssey” and “NBA 2K20” on Chrome web browser.
U.S. safety board chair criticizes Uber for 2018 fatal self-driving crash
The chairman of the U.S. National Transportation Safety Board (NTSB) on Tuesday criticized Uber Technologies Inc for its “ineffective safety culture” at the time of a March 2018 fatal self-driving car crash in Arizona.
Trump can no longer impose ‘Section 232’ auto tariffs after missing deadline: experts
The clock has run out on President Donald Trump’s “Section 232” tariffs on imports of foreign-made cars and auto parts, after he failed to announce a decision by a self-imposed deadline, trade law experts say.
S&P 500, Dow retreat from record highs on Home Depot’s dull forecast
The S&P 500 and the Dow Jones indexes slipped from record levels on Tuesday as dour forecasts from Home Depot and Kohl’s eroded confidence on the strength of U.S. consumer spending ahead of the all-important holiday shopping season.
U.S. safety board wants Boeing to redesign 737 NG part after fatal Southwest accident
The U.S. National Transportation Safety Board on Tuesday called on Boeing Co to redesign the fan cowl structure on 737 NG planes after a passenger was killed on a Southwest Airlines plane in April 2018 after an engine failure.
Trump pushes Congress to pass USMCA as AFL-CIO steps on brakes
President Donald Trump and top administration officials on Tuesday renewed pressure on Congress to ratify the U.S.-Mexico-Canada (USMCA) trade agreement, after a major U.S. labor leader said there was more work to do on the deal.
U.S. safety board wants Boeing to redesign part after fatal 737 NG accident
The U.S. National Transportation Safety Board on Tuesday called on Boeing Co to redesign the fan cowl structure on all 737 NG planes and retrofit existing planes after an April 2018 incident in which a woman was killed on Southwest Airlines plane aft…
