Fake Spare Parts Were Supplied to Fix Top-Selling Jet Engines
European aviation regulators have determined that an obscure London-based company supplied bogus parts for repairs of jet engines
2023-09-01 02:58
US offers $12 billion for automakers, suppliers for advanced vehicles
By Timothy Gardner WASHINGTON (Reuters) -The Biden administration is making $12 billion available in grants and loans for automakers and
2023-09-01 00:53
U.S. says it has not blocked chip sales to Middle East
A U.S. Department of Commerce spokesperson on Thursday said the Biden administration "has not blocked chip sales to
2023-08-31 23:55
White House seeks short-term funding to avoid government shutdown -report
WASHINGTON (Reuters) -The White House on Thursday asked Congress to pass a short-term government funding extension to avoid an Oct.
2023-08-31 22:47
Fed expected to hold interest rates steady next month
Traders kept bets the Federal Reserve will leave its benchmark interest rate in its current range of 5.25%-5.5%
2023-08-31 20:53
US consumer spending in July surges; weekly jobless claims fall
WASHINGTON U.S. consumer spending accelerated in July, but slowing inflation strengthened expectations that the Federal Reserve would keep
2023-08-31 20:51
Sage Therapeutics to cut 40% of jobs after depression drug setback
Sage Therapeutics said on Thursday it would cut its workforce by about 40%, weeks after the U.S. health
2023-08-31 18:59
Dow futures rise on Salesforce boost; inflation data in focus
Futures tracking the Dow Jones rose on Thursday as shares of Salesforce jumped after the company raised its
2023-08-31 18:55
Salesforce rallies as profitability push pays off
Salesforce rallied 5% on Thursday after its strong earnings report showed that cost cuts were working and demand
2023-08-31 18:45
Robot invasion slows in the face of weaker US economy, high interest rates
By Timothy Aeppel Even a robot invasion can't beat a slowing economy. Companies in North America sharply cut
2023-08-31 18:27
Hong Kong July retail sales up 16.5%, boosted by tourism revival
HONG KONG Hong Kong's July retail sales rose 16.5% from a year earlier in the eighth consecutive month
2023-08-31 17:48
South Africa producer inflation slows to 2.7% y/y in July
JOHANNESBURG South Africa's producer inflation slowed to 2.7% year on year in July from 4.8% in June, statistics
2023-08-31 17:47