Natura agrees to buy Avon, creating cosmetics powerhouse
Brazil’s Natura SA said on Wednesday it had reached an agreement to buy rival Avon Products Inc via a share swap, creating the world’s fourth-largest beauty company with a redoubled focus on direct sales.
FAA chief has no timetable for Boeing 737 MAX approval
The acting head of the Federal Aviation Administration said on Wednesday he does not have a specific timetable to approve Boeing Co’s 737 MAX for flight after two fatal crashes since October prompted the plane to be grounded worldwide.
U.S. judge appoints Ken Feinberg mediator for Bayer Roundup settlement talks
A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation over allegations that Bayer AG’s glyphosate-based Roundup weed killer caused cancer.
FAA chief has no timetable for ungrounding Boeing 737 MAX
The acting head of the Federal Aviation Administration said on Wednesday he does not have a specific timetable for when the agency may unground the Boeing 737 MAX that has been involved in two fatal crashes since October.
United CEO promises to rebook passengers concerned about 737 MAX
United Airlines Chief Executive Oscar Munoz promised on Wednesday to accommodate any passengers concerned about flying Boeing Co’s 737 MAX jets once regulators deem the aircraft safe to fly again.
Musk’s SpaceX sues U.S. Air Force over rocket-building contracts: filings
Billionaire Elon Musk’s SpaceX accused the U.S. Air Force of breaking contracting rules when it awarded money to three rocket makers but passed on Musk’s rival bid, and said the tender should be reopened, according to a court filing unsealed on Wednesd…
GM faces pushback on U.S. self-driving vehicle plan
General Motors Co faces pushback over its request that U.S. regulators waive some automobile safety standards to make it possible to deploy a ride-sharing fleet of driverless cars without steering wheels or other human controls.
Renewed U.S.-China trade tensions push down Wall Street
Wall Street’s major indexes dipped on Wednesday as inflamed trade tensions between the United States and China weighed on investor sentiment.
Lloyd’s of London plans to merge governance bodies -source
Lloyd’s of London is proposing merging two of its governance bodies, the council and the board which together oversee the insurance market, to reduce overlap, a source familiar with the matter said.
Wall St dips after renewed U.S.-China trade fears
Wall Street’s major indexes dipped on Wednesday as inflamed trade tensions between the United States and China weighed on investor sentiment.
