FAA proposes fining Amazon $350,000 for hazardous package
WASHINGTON (Reuters) – The U.S. Federal Aviation Administration said on Monday it is proposing a $350,000 civil fine against Amazon.com Inc for shipping a product that allegedly violated hazardous materials regulations and injured several UPS workers w…
Honeywell won’t rule out aerospace M&A targets
MONTREAL (Reuters) – Honeywell International Inc would not rule out bidding for another major aerospace supplier, among other possible acquisition targets, after merger talks collapsed in March with rival United Technologies Corp , the company’s chief…
U.S. firearm makers’ shares jump after Orlando shooting
(Reuters) – Shares of U.S. firearm makers surged on Monday as renewed fears of tighter gun control after the deadliest mass shooting in U.S. history led to expectations of a spike in firearm sales.
Hail a ride hands-free: Apple opens Siri to outside developers
SAN FRANCISCO (Reuters) – Apple Inc is opening its popular Siri digital assistant to outside developers, which means iPhone users could soon be able to hail rides with Uber, publish photos on Shutterfly or make a call on Skype with voice commands.
Wall St. slides for third straight session; big tech drags
(Reuters) – Wall Street stumbled for a third straight session on Monday as tech stalwarts Microsoft and Apple dragged on indexes and investors braced for major economic and political events in the United States and Europe.
Public pension funds seek infrastructure as market heats up
SAN FRANCISCO (Reuters) – The California Public Employees’ Retirement System recently bought a stake in a private Indiana toll road with a troubled history, one sign of how popular infrastructure investments have become among U.S. pension funds.
Britain’s trade options after Brexit: no easy way out
LONDON (Reuters) – Britain’s status as a trade power has become one of the most contentious issues in the European Union membership referendum on June 23.
U.S. top court tosses Puerto Rico’s debt restructuring law
WASHINGTON (Reuters) – The Supreme Court on Monday refused to revive a Puerto Rico debt-restructuring law, putting the U.S. territory at risk of a messy default unless Congress this month passes legislation to help the Caribbean island survive its cri…
McDonald’s moving headquarters to Chicago
(Reuters) – McDonald’s Corp , working to remake itself as a “modern, progressive burger company,” will move its corporate headquarters from an Illinois suburb to the former home of Oprah Winfrey’s Harpo Studios in downtown Chicago by the spring of 2018…
Oil dips on dollar strength, Europe and Asia growth worries
NEW YORK (Reuters) – Oil prices edged slightly lower on Monday, pressured by a strong U.S. dollar and gloomy economic prospects in Europe and Asia, but supported by ongoing supply outages in Nigeria.
