Boeing aims for first flight of 777X in late June: sources
Boeing Co is looking to make the first test flight of its 777X twin-aisle jet as soon as late June, people familiar with the matter told Reuters on Wednesday, slightly later than the planemaker had planned, but still on track for putting the plane into…
U.S.-China trade war of words heads for Fox cable TV face-off
China’s war of words with the United States over their escalating trade dispute will reach a crescendo of sorts when a broadcaster from Chinese state television debates a Fox Business host in prime time on the U.S. cable network.
Exxon shareholders reject resolutions on climate and separating CEO: chairman
Exxon Mobil Corp shareholders on Wednesday rejected a proposal to split the chief executive officer and board chairman roles that some had promoted to protest a decision to strike an unrelated climate change resolution from the ballot.
World stocks drop, bonds rally as trade tensions fan growth fears
Fears that an escalating trade war between the United States and China will slash global economic growth pulled world stock markets down to near two-and-a-half-month lows on Wednesday and continued to feed a rally in safe-haven government bonds.
Pence, Trudeau to discuss Huawei, China trade issues in Ottawa: official
U.S. Vice President Mike Pence and Canadian Prime Minister Justin Trudeau will discuss their joint dispute with China over Huawei Technologies Co Ltd during a meeting in Ottawa on Thursday, a senior U.S. administration official said.
U.S. football player’s overdose death spotlighted in J&J Oklahoma opioid trial
The father of a college football player who died of a drug overdose gave emotional testimony about the U.S. opioid epidemic’s personal cost on Wednesday in the second day of trial of a lawsuit by the state of Oklahoma accusing Johnson & Johnson of fueling the crisis.
Google bans apps that facilitate sale of marijuana
Alphabet Inc’s Google on Wednesday banned apps on its app store that facilitate the sale of marijuana or related products, as part of a change to its content policy.
U.S. stocks fall as trade concerns spark growth fears
U.S. stocks fell on Wednesday, with the S&P 500 and Nasdaq closing just above key support levels, as worries that a lengthy U.S.-China trade war would crimp global growth pushed investors into the safety of government bonds.
Tesla CEO urges employees to ‘catch up’ to hit delivery record
Tesla Inc has “a lot of catching up” to do but still can achieve a record quarter, Chief Executive Officer Elon Musk wrote in a new email that was reviewed by Reuters.
FCA, Renault face tall odds delivering on cost-cutting promises in merger
Fiat Chrysler Automobiles NV and Renault SA promise huge savings from a mega-merger, but such combinations face tall odds because of the industry’s long product cycles and problems translating deal blueprints into real world success, industry veterans told Reuters.
