Mnuchin backs proposal to double IMF’s crisis fund
U.S. Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund’s $250 billion crisis lending fund as part of a deal to maintain overall IMF resources.
Exclusive: Huawei in early talks with U.S. firms to license 5G platform – Huawei executive
Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive told Reuters on Friday.
Opioid settlement talks fail, landmark trial expected Monday
A landmark trial over the U.S. opioid epidemic is on track to begin on Monday after drug companies and local governments failed to agree on a settlement on Friday that had been expected to be valued at around $50 billion.
Boeing 737 MAX test pilot grappled with simulator flaws, too
In newly released instant messages from 2016, a top Boeing Co 737 MAX test pilot tells a colleague that the jet’s MCAS flight control system – the same one linked to two fatal crashes – was “running rampant in the (simulator) on me.”
Trump hopes U.S.-China trade deal will be signed by middle of November
U.S. President Donald Trump on Friday said he thinks a trade deal between the United States and China will be signed by the time the Asia-Pacific Economic Cooperation meetings take place in Chile on Nov. 16 and 17.
News Corp to supply headlines for Facebook’s upcoming news tab
Facebook Inc’s upcoming news tab will feature headlines from the Wall Street Journal and some other News Corp media properties when it launches in fall of 2019, the social network said on Friday.
Boeing pilots’ messages on 737 MAX safety raise new questions
A Boeing Co senior pilot said he might have unintentionally misled regulators, in a series of internal messages from 2016 that became public Friday, plunging the world’s largest airplane maker into a fresh crisis.
J&J recalls 33,000 bottles of baby powder as FDA finds asbestos in sample
Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a bottle purchased online.
FAA turns over emails from former Boeing 737 pilot
The U.S. Federal Aviation Administration (FAA) on Friday turned over 10 pages of emails to Congress from a former chief technical pilot on the Boeing 737 MAX that disclosed new details of the company’s efforts to win approval from regulators around the…
Opioid settlement talks falter, landmark trial expected Monday: attorney
A landmark trial stemming from the U.S. opioid epidemic is expected to begin on Monday after last-ditch talks to strike a multibillion-dollar settlement faltered on Friday, according to an attorney for local governments.
