Business News

UPDATE 3-U.S. states probing Hyundai, Kia over vehicle fires -Connecticut AG

Reuters Company News - Mon, 03/18/2019 - 22:51
A group of U.S. states is investigating Hyundai Motor Co and Kia Motors Corp for potential unfair and deceptive acts related to reports of hundreds of vehicle fires, Connecticut Attorney General William Tong said on Monday.
Categories: Business News

UPDATE 2-Coal miner New Hope targets project decision by year-end

Reuters Company News - Mon, 03/18/2019 - 22:48
* Reports 4 pct HY profit rise, but shares slump (Recasts, adds CEO comments)
Categories: Business News

Schools to reopen while firefighters battle blaze at Texas chemical plant - CNN

Google Technology - Mon, 03/18/2019 - 22:36
Schools to reopen while firefighters battle blaze at Texas chemical plant  CNN

A fire burning overnight at a chemical storage facility in suburban Houston shut down schools and a state highway as it spread to eight tanks containing gas, ...

View full coverage on Google News
Categories: Business News

U.S. FDA approves Roche's small cell lung cancer treatment

Reuters Company News - Mon, 03/18/2019 - 22:34
Swiss drugmaker Roche Holding AG's U.S. unit Genentech said on Monday its immunotherapy Tecentriq won approval for a tough-to-treat type of lung cancer, the latest win for the drug whose sales trail medicines from Merck & Co and Bristol-Myers Squibb.
Categories: Business News

Tech consortium flags more than 800 versions of New Zealand attack video

Reuters Company News - Mon, 03/18/2019 - 22:30
A consortium of global technology firms has shared on its collective database the digital fingerprints of more than 800 versions of the video of New Zealand's mass shootings that killed 50 people, it said on Monday.
Categories: Business News

UPDATE 1-Boeing plane development under review by U.S. prosecutors, Transportation Department -sources

Reuters Company News - Mon, 03/18/2019 - 22:07
Federal prosecutors and the U.S. Department of Transportation are scrutinizing the development of Boeing Co's 737 MAX jetliners in the wake of two deadly crashes in five months, two people briefed on the matter confirmed late on Monday.
Categories: Business News

WRAPUP 7-Ethiopia and Indonesia crash parallels heap pressure on Boeing

Reuters Company News - Mon, 03/18/2019 - 21:59
Investigators into the Boeing Co 737 MAX crash in Ethiopia have found striking similarities in a vital flight angle with an airplane that came down off Indonesia, a source said, piling pressure on the world's biggest planemaker.
Categories: Business News

Brazil judge allows lessor to seek seizure of 10 Avianca Brasil planes

Reuters Company News - Mon, 03/18/2019 - 21:58
A Brazilian appeals judge on Monday lifted an order that allowed struggling carrier Avianca Brasil to operate 10 of its planes despite missed leasing payments.
Categories: Business News

Elon Musk never sought approval for a single Tesla tweet, U.S. SEC tells judge

Reuters Biz News - Mon, 03/18/2019 - 21:56
Chief Executive Elon Musk has never sought pre-approval for a single tweet about Tesla Inc since striking a court-approved deal about how to communicate important information about the electric vehicle maker, the top U.S. securities regulator told a judge on Monday.
Categories: Business News

U.S. prosecutors, Transportation Department scrutinizing Boeing 737 MAX development -sources

Reuters Company News - Mon, 03/18/2019 - 21:45
Federal prosecutors are scrutinizing the development of Boeing Co's 737 MAX jetliners which have been involved in two fatal crashes since October, a person briefed on the matter confirmed late Monday.
Categories: Business News

UPDATE 2-Boeing CEO says company understands 'lives depend' on plane safety

Reuters Company News - Mon, 03/18/2019 - 21:44
Boeing Co Chief Executive Dennis Muilenburg, facing the biggest crisis of his tenure, said on Monday that the company understands "lives depend on the work we do" and was taking steps to "fully ensure" the safety of the 737 MAX jet in the wake of deadly crashes.
Categories: Business News

UPDATE 1-Elon Musk never sought approval for a single Tesla tweet, U.S. SEC tells judge

Reuters Company News - Mon, 03/18/2019 - 21:40
Chief Executive Elon Musk has never sought pre-approval for a single tweet about Tesla Inc since striking a court-approved deal about how to communicate important information about the electric vehicle maker, the top U.S. securities regulator told a judge on Monday.
Categories: Business News

UPDATE 1-Canada's Alberta increases crude output limit for May and June

Reuters Company News - Mon, 03/18/2019 - 21:39
The Canadian oil-producing province of Alberta will increase crude production limits by 25,000 barrels per day in May and a further 25,000 bpd in June, the government said on Monday.
Categories: Business News

PRESS DIGEST- British Business - March 19

Reuters Company News - Mon, 03/18/2019 - 21:30
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

Mexico's Pemex plans to triple oil well drilling this year to boost output

Reuters Company News - Mon, 03/18/2019 - 21:27
Mexico's national oil company Pemex plans to triple the number of wells it will drill this year, the company's chief executive said on Monday, in a bid to grow crude output and reverse more than a decade of declining production.
Categories: Business News

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