Social media companies defend filtering practices before Congress
Facebook Inc , Alphabet Inc and Twitter Inc told a U.S. House panel on Tuesday that the social media companies are not discriminating against content for political reasons.
EU chief to visit Trump on July 25 for trade talks
European Commission President Jean-Claude Juncker will visit U.S. President Donald Trump in Washington on July 25 to discuss strained trade ties.
Helvetic Airways to buy a dozen next-gen Embraer jets: filing
Swiss airline Helvetic Airways signed a letter of intent to buy twelve E190-E2 passenger jets made by Brazil’s Embraer SA , according to a securities filing during the Farnborough Airshow on Tuesday.
BAE says international partners to join UK fighter project in 2019
BAE System’s CEO said international partners would be brought in to help to develop Britain’s proposed new fighter jet in 2019, also signaling that teaming up with a rival Franco-German project in future was possible.
EU’s Vestager to brief Google CEO ahead of record Android fine: source
EU antitrust chief Margrethe Vestager will brief Google CEO Sundar Pichai by telephone later on Tuesday on her ruling on the company’s Android mobile operating system, a person familiar with the matter said.
J&J beats quarterly expectations on drug sales surge, shares jump
Johnson & Johnson on Tuesday reported better-than-expected second quarter profit as sales of pharmaceuticals surged 20 percent despite a sharp decline in blockbuster arthritis drug Remicade, and its shares rose more than 4 percent.
JPMorgan Chase invests in artificial intelligence startup Volley
JPMorgan Chase & Co has made a strategic investment in Volley.com, a San Francisco-based startup that uses artificial intelligence to help large enterprises automatically generate training content for employees, the companies said on Tuesday.
AirAsia’s Fernandes undecided on plane order, no plans to attend Farnborough
AirAsia Group Bhd CEO Tony Fernandes said the group had not yet taken a decision on which aircraft manufacturer to pick for new plane orders and that he was not planning to go to this week’s air show in Farnborough, England.
J&J, Powell comment push Wall Street higher; Netflix weighs
Wall Street rose on Tuesday as Federal Reserve Chairman Jerome Powell’s optimistic view on the U.S. economy and solid earnings from Dow component Johnson & Johnson lifted expectations of a robust second-quarter earnings season.
Asda proposes closure of London distribution center, 261 jobs at risk
Asda, the British supermarket arm of Walmart that has agreed to be taken over by rival Sainsbury’s , has proposed the closure of an online grocery distribution center in London, putting 261 jobs at risk, it said on Tuesday.
