U.S. Supreme Court seeks Trump administration views on Google-Oracle copyright feud
The U.S. Supreme Court on Monday asked the Trump administration to offer its views on whether it should hear Google’s bid to end Oracle Corp’s copyright infringement lawsuit involving the Android operating system that runs most of the world’s smartphon…
Boeing says making progress to certify grounded MAX jets with software fix
Boeing Co said on Monday it was making steady progress to certify its grounded 737 MAX jets with a software update and completed a final flight test prior to the certification flight.
Scandinavia’s SAS looking at ways to end pilot strike
The CEO of Scandinavian airline SAS has told negotiators to thrash out what concessions the company could make to end a pilots strike that has disrupted travel plans for hundreds of thousands of passengers.
U.S. consumer spending posts biggest increase since 2009
U.S. consumer spending increased by the most in more than 9-1/2 years in March, but price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months.
Wall Street set for flat open as investors await fresh earnings
U.S. stock index futures were trading flat on Monday after hitting a closing high in the previous session, as investors waited for a fresh batch of earnings reports while sentiment was supported by upbeat consumer spending data.
Anadarko to resume talks with Occidental on ‘superior’ bid
Anadarko Petroleum Corp said on Monday it planned to resume talks with Occidental Petroleum Corp over its $38 billion bid, putting pressure on Chevron Corp to raise its $33 billion offer for the oil and gas producer.
Swiss group files criminal complaint against Credit Suisse over Mozambique loans
A Swiss anti-corruption lobby group has filed a criminal complaint against Credit Suisse over alleged fraud in the arrangement of $2 billion of loans to Mozambique, the group said on Monday.
Boeing says making progress to certify grounded MAX jets with software fix
Boeing Co said on Monday it was making steady progress to certify its grounded 737 MAX jets with a software update and completed a final flight test prior to the certification flight.
SAS CEO looking at constructive ways to end pilot strike
The CEO of Scandinavian airline SAS has told negotiators to thrash out what concessions the company can make to end a pilot strike that has disrupted travel plans for hundreds of thousands of passengers.
Global shares turn flat as sentiment wanes
Global shares were steady on Monday as a weak euro zone sentiment survey and political uncertainty in the wake of Spain’s elections proved a drag on earlier gains driven by strong economic data out of China and the United States.