U.S. judge sets pre-trial hearing next week for Sprint/T-Mobile deal
The judge hearing a complaint from state attorneys general seeking to stop T-Mobile US Inc from buying Sprint Corp for $26 billion will hold a pre-trial hearing next week.
Oil surges on Gulf tanker attacks; stocks rise on Fed rate cut expectations
Oil futures rose on Thursday after attacks on two tankers off the coast of Iran, while the U.S. Treasury yield curve steepened and stocks rose following economic data that was seen as strengthening the case for the Federal Reserve to cut interest rates…
U.S. healthcare stocks shielded from political pressures prove profitable
U.S. healthcare investors have found success this year buying stocks of companies whose products improve eyesight, treat pets and fix crooked teeth, all viewed as unlikely to fall victim to political and regulatory issues pressuring a wide swath of th…
Canada rejects idea of halting extradition of top Huawei executive to United States
Canadian Foreign Minister Chrystia Freeland on Thursday dismissed a suggestion that Ottawa block the extradition of a top executive from China’s Huawei Technologies Co Ltd to the United States, saying it would set a dangerous precedent.
Airbus in talks with Indigo Partners on A321XLR sale: sources
Airbus is in talks with U.S.-based private equity firm Indigo Partners about a potential sale of its new A321XLR passenger jet, industry sources said on Thursday.
Wall Street climbs as oil jumps after Gulf tanker attacks
U.S. stocks continued to gain on Thursday after two days of declines, as energy shares turned attractive after oil prices rose sharply on concerns of supply disruption following suspected attacks on two tankers in the Gulf of Oman.
U.S. denies Tesla, Uber 25% tariff relief on components, e-bikes
The Trump administration is expanding its efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla Inc for tariff relief on key components of its electric vehicles, and rejecting ride hailing company Ube…
In VW Chattanooga vote, UAW seeks elusive U.S. southern toehold
For the second time in five years, workers at Volkswagen AG’s Chattanooga, Tennessee, assembly plant have been voting this week on whether to unionize, potentially handing the United Auto Workers its first toehold in the U.S. South.
Uber loses bid for U.S. tariff relief on Chinese-made e-bike
The U.S. Trade Representative’s Office rejected Uber Technologies Inc’s request for relief from 25% tariffs imposed on Chinese-made electric bicycles, according to a May 29 letter.
Southwest extends Boeing 737 MAX cancellations through Sept. 2
Southwest Airlines Co said on Thursday it was extending the removal of Boeing Co 737 MAX aircraft from its flying schedule through Sept. 2, after the plane was grounded worldwide following two deadly crashes.
