U.S. prosecutors in Detroit on Monday charged a former high-ranking United Auto Workers official in charge of the union’s relations with Fiat Chrysler (FCA) of misusing funds for lavish purchases for himself and other union officials.
Oil prices edged up on Monday, supported by the prospect of prolonged OPEC-led oil supply curbs and signs of inventory declines at the delivery point for U.S. crude futures.
Investigators probing the Boeing 737 MAX crash in Ethiopia have found similarities in vital flight angle data with an aeroplane that came down off Indonesia, a source said, hiking pressure on the world’s biggest planemaker.
Commerzbank management wants to decide on whether to go ahead with a potential merger with Deutsche Bank in the next 2 to 3 weeks, two sources with knowledge of the matter said on Monday.
Investigators probing the Boeing 737 MAX crash in Ethiopia have found similarities in direction data with an aeroplane that came down off Indonesia, a source said, heightening pressure on the world’s biggest planemaker.
The S&P 500 and Nasdaq on Monday extended last week’s gains, lifted by technology and financial stocks, as investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes.
Investigators probing the crash of an Ethiopian Airlines Boeing 737 MAX jet eight days ago have found strong similarities in the ‘angle of attack’ data recorded by the doomed aircraft’s cockpit recorder and data from a Lion Air jet of the same model that crashed in October, a person familiar with the matter said.
By Justin George Varghese, Rachel Armstrong and Pamela Barbaglia
Federal prosecutors in Detroit on Monday charged a former United Auto Workers vice president with conspiracy to violate labor laws.
Investigators probing the crash of an Ethiopian Airlines Boeing 737 MAX jet eight days ago have found strong similarities in the ‘angle of attack’ data recorded by the doomed aircraft’s cockpit recorder and data from a Lion Air jet of the same model that crashed in October, a person familiar with the matter said.
The S&P 500 and Nasdaq extended last week’s gains on Monday, lifted by technology and financial stocks, as investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes.
Apple Inc, in a surprise move on Monday, launched a new 10.5-inch iPad Air and updated its iPad Mini ahead of a March 25 event where it is expected to launch a television and video service.
Boeing Co shares fell 3 percent on Monday, after a pair of newspaper reports over the weekend raised more questions about the certification process for its 737 MAX jets before two recent deadly crashes.
U.S. stocks opened mixed on Monday, following the S&P 500 and Nasdaq’s strongest weekly gain in 2019, while the Dow was pressured by shares of the world’s largest planemaker Boeing Co.
Volkswagen on Monday said it had expressed its intent to Germany’s Economy Ministry to participate in a state funding scheme aimed at supporting battery cell production for electric vehicles.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
