Con Edison faces potential fine over breaches of safety rules
Energy company Consolidated Edison Inc could face a possible fine over accusations of lapses in safety rules related to gas infrastructure work in New York City, a local regulator said on Friday.
UAL says business could be hurt if 737 MAX groundings extend into summer
United Continental Holdings Inc said on Friday it would see a negative financial and operational impact on its business if Boeing Co’s 737 MAX jets remain grounded into the peak summer travel season.
Wall Street gains with tech; S&P 500 posts best week since November
U.S. stocks rose on Friday, led by technology companies, as a report on progress in U.S.-China trade talks lifted sentiment, pushing the S&P 500 to its best week since November.
Wall Street lifted by tech; S&P 500, Nasdaq post strong weeks
U.S. stocks rose on Friday, led by technology companies as a report on progress in U.S.-China trade talks lifted sentiment, pushing the Nasdaq and S&P 500 to their best weeks of the year.
Trump’s trade war cost U.S. economy $7.8 billion in 2018: study
President Donald Trump’s trade battles cost the U.S. economy $7.8 billion in lost gross domestic product in 2018, a study by a team of economists at leading American universities published this week showed.
Apple infringed three Qualcomm patents, jury finds
Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents.
Airlines with buyers’ remorse may use Boeing 737 MAX ban to revise orders
The grounding of Boeing’s global 737 MAX fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it has given some carriers a welcome opportunity to re-evaluate orders for the plane.
BMW, Varta apply for funds in battery cell push for e-cars
Luxury carmaker BMW and Germany’s Varta have both applied for state funding aimed at supporting battery cell production for electric vehicles, they said on Friday, hitting a deadline set by the German government.
Stocks gain on trade, Brexit optimism, dollar slides
A gauge of global equity markets hit a five-month high on Friday on investor optimism over U.S.-Chinese trade talks and hopes a new Brexit vote next week will prove successful, but the dollar headed to its biggest weekly loss since early December.
No new natural gas hookups in New York’s Westchester County, Con Ed says
New York energy company Consolidated Edison Inc said on Friday it still plans to impose a moratorium on new natural gas service in parts of Westchester County after March 15 despite a $250 million plan by the state to reduce energy usage.
