Boeing CEO sees ‘near term’ plane deal after Trump meeting
(Reuters) – Boeing Co’s chief executive said on Tuesday that he and President-elect Donald Trump “made progress” on lowering the cost of the Air Force One presidential aircraft fleet and on a potential sale of Boeing fighter aircraft, and suggesting a …
Wilbur Ross, Trump’s Commerce pick, offshored 2,700 jobs since 2004
WASHINGTON (Reuters) – Billionaire Wilbur Ross, chosen by Donald Trump to help implement the president-elect’s trade agenda, earned his fortune in part by running businesses that have offshored thousands of U.S. jobs, according to Labor Department data…
U.S. says Rolls-Royce to pay $170 million as part of bribery settlement
WASHINGTON (Reuters) – Rolls-Royce Plc has agreed to pay the United States a $170 million criminal penalty as part of a global settlement to resolve bribery investigation, the U.S. Department of Justice said in a statement on Tuesday.
General Motors says to invest additional $1 billion in U.S.
WASHINGTON (Reuters) – General Motors Co on Tuesday confirmed it will invest an additional $1 billion in its U.S. factories in 2017 and will move some parts production from Mexico to the United States that was previously handled by a supplier.
BAT agrees to buy Reynolds for $49 billion
LONDON (Reuters) – British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc , creating the world’s biggest listed tobacco company after it increased an earlier offer by more than $2 billion.
Upbeat Boeing CEO says meeting with Trump ‘very productive’
WASHINGTON (Reuters) – Boeing Co Chief Executive Dennis Muilenburg said he had a “very productive” meeting with President-elect Donald Trump on Tuesday and was encouraged by progress in talks on the Air Force One replacement fleet and on fighter planes…
May’s Brexit: going it alone, hoping for an EU trade deal
LONDON (Reuters) – Prime Minister Theresa May has finally outlined what Brexit really means for her: Britain going it alone, fully disentangled from the European Union while hoping the bloc will agree to a comprehensive trade deal.
Exxon doubling Permian Basin holdings in U.S. for up to $6.6 billion
MIDLAND, Texas (Reuters) – Exxon Mobil Corp said on Tuesday it will pay up to $6.6 billion to double its holdings in the Permian Basin of west Texas and New Mexico, the largest oil field in the United States.
J.C. Penney to open Nike outlets in more than 600 stores
(Reuters) – Department store operator J.C. Penney Co Inc said on Tuesday it would open Nike Inc outlets in more than 600 of its stores to tap into the high demand for activewear and athletic shoes.
Bayer to boost U.S. jobs, investments amid Monsanto deal: Trump spokesman
WASHINGTON (Reuters) – Bayer AG has pledged to boost its investments in the United States amid its deal to buy U.S. seeds giant Monsanto, investing $8 billion in research and development and adding American jobs, U.S. President-elect Donald Trump’s spo…
