New UK laws will block China’s Huawei from sensitive state projects: The Sun
New laws on foreign investment in the UK will block Chinese firm Huawei from sensitive UK tech projects, The Sun newspaper reported on Friday.
Amazon exploring potential alternatives to New York HQ: source
Amazon.com Inc is exploring alternatives to locating part of its new headquarters in New York in case the plan should fail due to local opposition, a person briefed on the matter told Reuters on Friday.
GM Oshawa plant resumes production, supplier strike ends
Production resumed at General Motors’ assembly plant in Oshawa, Ontario on Friday afternoon, ending a near three-hour standstill, after striking workers at seat supplier Lear Corp returned to work, the autoworkers’ union said.
U.S. sues Lockheed, others for alleged kickbacks and lying on cleanup of nuclear site
The United States has sued Lockheed Martin Corporation, Lockheed Martin Services Inc and Mission Support Alliance LLC, as well as a Lockheed executive for alleged false claims and kickbacks on a multibillion-dollar contract to clean up a nuclear site, …
S&P, Nasdaq edge higher as earnings offset trade fears
The benchmark S&P 500 index and the Nasdaq edged upward to snap a two-day losing streak on Friday as positive corporate results offset lingering skepticism over the United States and China reaching a trade deal before the March 1 deadline.
World stocks post weekly loss; dollar keeps strengthening
A gauge of global stocks fell for a third consecutive day on Friday amid uncertainty about global economic growth and trade tensions, posting its first weekly drop this year, while the U.S. dollar tallied its strongest week since August.
Boeing’s tanker program records $2.31 billion in losses over 3 years
Boeing Co said on Friday it had recorded reach-forward losses of $2.31 billion related to the U.S. Air Force KC-46A aerial refueling tanker over 2016, 2017 and 2018, bringing the total pre-tax cost of the program to $3.6 billion.
Boeing records $2.31 billion reach-forward losses on tanker program over 3 years
Boeing said on Friday it had recorded reach-forward losses of $2.31 billion related to the U.S. Air Force KC-46A tanker program over 2016, 2017 and 2018.
Persisting trade worries send Wall Street lower
The benchmark S&P 500 index fell for a third straight day on Friday as skepticism over the United States and China reaching a trade deal before a looming deadline added to concerns over slowing global growth.
World stocks poised for weekly loss; dollar firms again
World stocks fell for a third straight day on Friday on pessimism about global economic growth and trade tensions, putting them on track for their first weekly drop this year, while the U.S. dollar was on track for its biggest weekly gain since August….
