U.S. Senate panel reviewing whistleblower claims on aviation safety: panel chair
The U.S. Senate Commerce Committee is investigating claims by a number of whistleblowers that aviation safety inspectors, including some who worked to evaluate the now-grounded Boeing 737 MAX, were not properly trained or certified, the committee chair…
Purdue’s Sackler family fights ‘inflammatory’ Massachusetts opioid case
Members of the Sackler family behind OxyContin maker Purdue Pharma LP have asked a judge to toss a lawsuit by the Massachusetts attorney general that claims they helped fuel the U.S. opioid epidemic, arguing it contains “misleading and inflammatory all…
Care.com slumps after Best Buy suspends relationship
Electronics retailer Best Buy Co Inc said on Tuesday it had suspended its relationship with Care.com Inc, sending the online childcare marketplace operator’s stock down 9.8 percent.
Citing climate differences, Shell walks away from U.S. refining lobby
Royal Dutch Shell Plc on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies, citing its support for the goals of the Paris climate agreement.
Trump says trade talks with China are going very well
U.S. President Donald Trump said on Tuesday that trade talks with China were going very well.
Exclusive: Venezuela oil exports stable in March despite sanctions, blackouts -data
Venezuela’s state-run energy company, PDVSA, kept oil exports near 1 million barrels per day in March despite U.S. sanctions and ongoing power outages that crippled its main export terminal, according to PDVSA documents and Refinitiv Eikon data.
U.S. government warns ads for lab-grown diamonds must be crystal clear
The U.S. Federal Trade Commission, which investigates allegations of deceptive advertising, said on Tuesday that it has sent warning letters to eight companies insisting that they distinguish in advertisements between diamonds that come from mines and …
Air Canada delays launch of seasonal routes due to Boeing MAX grounding
Air Canada said on Tuesday it would delay the launch of certain seasonal flights this spring, as the carrier wrestles with the challenge of servicing routes previously flown by its grounded Boeing 737 MAX aircraft.
Shares slip after six-month peak, oil nears $70 a barrel
World stock markets were little changed on Tuesday after touching a six-month high as investors took a breather following a three-day run of gains while oil prices continued to climb amid the increased possibility of tightening supply.
Oil hits 2019 high as supply squeeze looms; Brent nears $70 per barrel
Oil prices on Tuesday hit their highest level so far in 2019, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut.
