Boeing Co’s 737 MAX 8 and 9 planes will be grounded for “weeks” until a software upgrade can be tested and installed, U.S. lawmakers said on Thursday, as questions mount about Sunday’s deadly crash in Ethiopia.
Facebook Inc Chief Product Officer Chris Cox will leave the social media network, Chief Executive Officer Mark Zuckerberg said in a blog post on Thursday.
U.S. stocks were little changed in late afternoon trading on Thursday amid uncertainty over when a trade deal between the United States and China would be reached.
The United States is considering imposing financial sanctions that could prohibit Visa, Mastercard and other financial institutions from processing transactions in Venezuela, a senior Trump administration said on Thursday.
U.S. and Canadian carriers wrestled with customer calls and flight cancellations on Thursday after the two countries followed other nations in grounding Boeing’s 737 MAX planes because of safety concerns.
Tesla Inc will unveil its Model Y electric sports utility vehicle on Thursday evening in California, promising a much-awaited crossover that will face competition from European car makers rolling out their own electric rivals.
France’s BEA safety investigators are searching for clues as to what caused an Ethiopian Airlines plane to hurtle to the ground after take-off, as they begin analyzing two black boxes that arrived in Paris on Thursday from the crashed Boeing 737 MAX.
A gauge of global equity markets traded little changed on Thursday as European shares rose ahead of new voting that backed a Brexit delay and bolstered the dollar, while Wall Street meandered on uncertainty over U.S.-China trade talks.
Ride-hailing company Uber Technologies Inc is planning to kick off its initial public offering in April, putting it close on the heels of its smaller rival Lyft Inc, people familiar with the matter said on Thursday.
A Carlyle Group $1 billion deepwater crude export project faces a delay of up to 18 months after regulators called for a full environmental review, officials said, a setback in the private equity firm’s race to be first to open a new deepwater, U.S. Gulf Coast export hub.
Volkswagen AG said the U.S. Securities and Exchange Commission may sue the German automaker over its failure to disclose its diesel emissions scandal to investors.
Facebook Inc said on Thursday it had restored service to its main app and Instagram, after the world’s largest social network suffered a major outage that frustrated users across the globe for about 24 hours.
General Electric Co Chief Executive Larry Culp on Thursday set conservative profit targets for this year and staked his reputation on hitting them and doing better in 2020 and beyond, igniting a rally in the stock.
Volkswagen AG said the U.S. Securities and Exchange Commission may bring an enforcement action over the automaker’s diesel emissions scandal, the latest fallout from the cheating known as “Dieselgate.”
Volkswagen-owned truckmaker Scania said on Thursday that demand in China had bounced back since the start of this year, but it was bracing for a potentially significant drop in UK orders if Britain leaves the EU under a “hard” Brexit.
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