Huawei criticizes U.S. pressure on Berlin over 5G tech
China’s Huawei on Tuesday criticized the United States for warning Berlin that it could scale back intelligence cooperation with Germany if it allows Huawei to participate in construction of a next-generation mobile network.
Ford Motor chairman says ‘very’ confident in CEO Hackett
Ford Motor Co Executive Chairman Bill Ford said on Tuesday he is very confident in Chief Executive James Hackett’s leadership and that the automaker is considering striking supply deals with a lithium producer.
Wells Fargo CEO draws bipartisan ire in Congress hearing
Democratic and Republican lawmakers pressed Wells Fargo & Co Chief Executive Tim Sloan for proof that the bank has moved past a string of customer abuse scandals at a tense hearing in Congress on Tuesday.
Top U.S. trade official says WTO must reform outdated playbook
The World Trade Organization is using an “out-of-date” playbook despite dramatic changes including the rise of China and the evolution of the internet, U.S. Trade Representative Robert Lighthizer said in testimony to Congress on Tuesday.
Factbox: Boeing 737 MAX 8 groundings spread across the globe
Major European nations, including Britain, Germany and France, joined a wave of suspensions of Boeing Co’s 737 MAX aircraft on Tuesday following the latest fatal crash involving the jet.
Wall Street gains on benign inflation data; Boeing extends fall
U.S. stocks eked out gains on Tuesday as benign February inflation data supported the Federal Reserve’s dovish stance on future rate hikes, but Boeing’s fall for a second straight session pressured the Dow and capped gains in broader markets.
Boeing shares dip again as more countries ground 737 MAX 8 planes
Boeing Co’s fall in stock market value this week soared past $20 billion on Tuesday as more countries including the United Kingdom grounded the planemaker’s 737 MAX 8 aircraft following Sunday’s deadly crash in Ethiopia.
UAE aviation authority to collect data on Ethiopian crash
The United Arab Emirates’ civil aviation regulator has joined the investigation into Sunday’s fatal crash of an Ethiopian Airlines Boeing 737 MAX 8, state news agency WAM reported on Tuesday.
Boeing shares dip again as 737 MAX groundings spread
Boeing Co’s stock losses mounted to more than $20 billion in two days as more countries including the United Kingdom grounded the planemaker’s 737 MAX 8 aircraft on Tuesday following the deadly crash of a Nairobi-bound Boeing 737 MAX 8.
Norwegian Air grounds its Boeing 737 MAX 8 jets
Norwegian Air will temporarily ground its Boeing 737 MAX 8 passenger jets at the advice of European regulators, it said on Tuesday.
