Boeing Co’s effort to build the world’s largest twin-engined jet, the 777X, continues to be hampered by challenges with General Electric Co’s new GE9X turbine engine, a top Boeing executive said on Wednesday.
Mexican officials met with their U.S. counterparts for talks in Washington on Wednesday aimed at reaching a deal to stave off the imposition of U.S. tariffs on Mexican goods next week, even as their government prepared to retaliate if duties go ahead.
Wells Fargo & Co board members are considering keeping interim Chief Executive Allen Parker in the job permanently even after saying they would seek an outsider to fill the role, according to two sources familiar with the board’s thinking.
The U.S. Justice Department said on Wednesday it would review two consent decrees reached with music licensing groups ASCAP and BMI in 1941, a decision that could upend the business of licensing music to online companies, movie companies, commercials, bars and restaurants.
Meg Whitman, the former boss of Hewlett-Packard, said she was happy to throw her predecessor Leo Apotheker “under the bus” in a moment of anger over the botched acquisition of British software company Autonomy, London’s High Court heard on Wednesday.
Wall Street’s major indexes rose on Wednesday as investors bet on a Federal Reserve interest rate cut after weak private sector jobs data and hopes grew that the United States and Mexico would reach an agreement to avoid U.S. tariffs on Mexican goods.
Mexico will propose the United States redirect security funding under the so-called “Merida Initiative” to boosting development of the Mexican southern border in talks aimed at resolving a dispute over migration, officials said on Wednesday.
The escalating trade war between the United States and China has gone beyond tariffs as the countries increase pressure on each other to cede ground.
Mexico will propose the United States redirect security funding under the so-called “Merida Initiative” to boosting development of the Mexican southern border in talks aimed at resolving a dispute over migration, officials said on Wednesday.
Fiat Chrysler has reached a tentative agreement with France on the terms of its proposed merger with Renault, two sources told Reuters, as the French carmaker’s board met to consider the bid late on Wednesday.
Hope grew on Wednesday for a deal to avoid the United States imposing tariffs on Mexican goods in return for Mexico doing more to halt illegal immigration but President Donald Trump said he was willing to go ahead with the import duties if he is not satisfied.
Mexican President Andres Manuel Lopez Obrador has received an official list of U.S. products, excluding corn, that could be subject to retaliatory tariffs if duties threatened by the Trump administration take effect, officials said Wednesday.
The U.S. Justice Department said on Wednesday it would review two consent decrees reached with music licensing groups ASCAP and BMI in 1941, a decision that could upend the business of licensing music to online companies, movie companies, commercials, bars and restaurants.
U.S. services sector activity expanded at a brisk pace in May and industries hired more workers, offering some respite for an economy that is slowing following a temporary boost from exports and an accumulation of inventories in the first quarter.
Major world stock markets rose and longer-dated U.S. Treasury prices dipped on Wednesday as a U.S. senator predicted the United States will not impose tariffs on Mexican imports, while hopes of a U.S. interest rate cut also bolstered equities.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
