Texas Instruments CEO resigns on code of conduct violation
Texas Instruments Inc said on Tuesday that Brian Crutcher had resigned as the company’s chief executive officer just six weeks into the role, after finding following a report that he had violated the chipmaker’s code on personal behavior.
Boeing CEO says Embraer deal offers thrifty suppliers more volume
Boeing Co sees scope for additional cost savings from suppliers as it expands through the proposed acquisition of the regional jet business of Brazil’s Embraer SA , Chief Executive Dennis Muilenburg told Reuters on Tuesday.
U.S. labor board judge rejects McDonald’s bid to settle franchisees’ case
A judge with a U.S. labor agency on Tuesday rejected McDonald’s Corp’s proposed settlement of a major case on whether the fast-food company is accountable for alleged labor law violations by franchisees across the country.
United Airlines raises profit forecast, trims capacity expansion
United Airlines raised its profit forecast for 2018 on Tuesday, as average fares and traffic both rose and it trimmed capacity expansion in the face of soaring fuel costs.
CSX profit tops Wall St. target on expense controls, shares rise
CSX Corp on Tuesday posted quarterly profit that topped Wall Street’s target after the No. 3 U.S. railroad operator continued to benefit from its drive to cut costs and boost efficiency.
Texas Instruments CEO Brian Crutcher resigns
Texas Instruments Inc said on Tuesday Brian Crutcher has resigned as the company’s chief executive officer and president, as well as a member of its board due to violations of its code of conduct.
Toshiba may face renewed shareholder accounting claims: U.S. appeals court
A U.S. appeals court gave investors in Toshiba Corp’s U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal.
Wall St. climbs on Powell comments, earnings
Wall Street stocks rose on Tuesday, with the Dow Jones Industrial Average posting its fourth consecutive session of gains after Federal Reserve Chairman Jerome Powell expressed an optimistic U.S. economic view and solid earnings bolstered the outlook f…
Dollar firms after Fed chair’s upbeat remarks, global stocks gain
The U.S. dollar rose on Tuesday against a basket of major currencies following an upbeat economic assessment from the head of the U.S. Federal Reserve, while world stocks climbed as a heavy week of corporate earnings also kicked into gear.
United Airlines raises 2018 profit forecast; shares rise
United Airlines raised its profit forecast for 2018 on Tuesday, breaking a trend for U.S. airlines as average fares and traffic both rose and it trimmed capacity expansion in the face of soaring fuel costs.
