The jumbo jet faces a make or break year at Boeing, Airbus
Seattle/Paris (Reuters) – The jumbo jet, for many years the workhorse of modern air travel, could be close to running out of runway.
Payout from BP oil spill settlement tops $5 billion
(Reuters) – The administrator overseeing a BP Plc fund to compensate people and businesses claiming they were harmed by the 2010 Gulf of Mexico oil spill said on Wednesday more than $5 billion has been paid out.
Netflix beats forecasts with 62 million streaming subscribers
(Reuters) – Video streaming pioneer Netflix Inc added more subscribers than projected in the United States and abroad during the first quarter, news that sent its shares up nearly 12 percent on Wednesday.
EU accuses Google of hurting consumers, competitors in Web search case
BRUSSELS (Reuters) – The European Union accused Google Inc on Wednesday of cheating consumers and competitors by distorting Web search results to favor its own shopping service, after a five-year investigation that could change the rules for business o…
Netflix beats forecasts with 62 million streaming subscribers
(Reuters) – Video streaming pioneer Netflix Inc added more subscribers than projected in the United States and abroad during the first quarter, news that sent its shares up nearly 12 percent on Wednesday.
GM is shielded from some ignition-switch suits, ruling finds
NEW YORK (Reuters) – General Motors Co will not have to face dozens of lawsuits accusing it of concealing an ignition-switch defect that led to the recall of 2.6 million vehicles, a U.S. bankruptcy judge ruled on Wednesday.
Payout from BP oil spill settlement tops $5 billion
(Reuters) – The administrator overseeing a BP Plc fund to compensate people and businesses claiming they were harmed by the 2010 Gulf of Mexico oil spill said on Wednesday more than $5 billion has been paid out.
EU accuses Google of hurting consumers, competitors in Web search case
BRUSSELS (Reuters) – The European Union accused Google Inc on Wednesday of cheating consumers and competitors by distorting Web search results to favor its own shopping service, after a five-year investigation that could change the rules for business o…
Airbus plans exceptional 10 percent buyback, new legal status
PARIS (Reuters) – Airbus Group will ask shareholders to approve an exceptional share buyback of up to 10 percent of its capital at its annual meeting on May 27, the aerospace group said on Wednesday.
Wall Street ends higher as jitters about earnings and oil recede
NEW YORK (Reuters) – U.S. stocks closed higher on Wednesday, fueled by gains in oil companies and speculation that upcoming first-quarter earnings reports might not be quite as weak as previously thought.
