Musk’s lawyers say U.S. SEC has not met heavy burden to show contempt
Lawyers for Elon Musk said on Friday that the U.S. Securities and Exchange Commission had failed to satisfy its heavy burden of showing that the Tesla Inc chief executive should be held in contempt of court.
U.S. lawmaker urges FAA, Boeing employees to disclose details on 737 MAX approval
The chairman of U.S. House Transportation and Infrastructure Committee Peter DeFazio on Friday urged current or former Boeing Co and Federal Aviation Administration employees to come forward with any information about the government’s aircraft certific…
Some Boeing 737 MAX orders in jeopardy, U.S. pilots try software fix
Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets because some passengers say they would be frightened to board the plane after two fatal crashes, although industry analysts said the deal was already in doubt.
Boeing Co wins $4.1 billion U.S. defense contract: Pentagon
Boeing Co has been awarded a $4.1 billion U.S. defense contract related to the expansion and improvement of the ground-based midcourse missile defense system, the Pentagon said on Friday.
Image sharing website Pinterest files for IPO
Pinterest Inc, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering with U.S. regulators on Friday, looking to tap into a red-hot market for new stock offerings.
U.S. adds criminal charges against ex-Autonomy CEO Lynch
U.S. prosecutors on Friday added three new criminal charges to their indictment against British entrepreneur Mike Lynch related to the $11.1 billion sale of his software company Autonomy to Hewlett-Packard in 2011.
Pinterest files for IPO
Pinterest Inc, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering with U.S. regulators on Friday, looking to tap into a red-hot market for new issues.
Google rival wants more details about Google’s Android proposal
Czech search engine Seznam urged Google on Friday to disclose more details about its plan to boost rival search apps in Android smartphones, saying it continued to lose users due to what it said were Google’s anti-competitive practices.
U.S. Treasuries signal trouble, stocks fall on global growth worries
Stocks around the world fell and U.S. Treasuries yields sent warning signals for a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown.
Wall Street tumbles on global economic slowdown fears
Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes posting their biggest one-day percentage declines since Jan. 3, as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, f…
