Struggling Italian carrier Alitalia [CAITLA.UL] is burning through its cash resources at the pace of around 300 million euros ($334 million) a year, its new temporary administrator Giuseppe Leogrande told members of a parliamentary committee.
German carmaker Volkswagen said on Tuesday Luca de Meo has stepped down as chief executive of its Spanish Seat brand.
"Ten months he built that plant," said CNBC's Jim Cramer, emphasizing the speed with which Tesla built its Gigafactory 3 factory in Shanghai.
Japanese prosecutors on Tuesday issued an arrest warrant for Carlos Ghosn's wife for alleged perjury, as officials stepped up efforts to bring the fugitive car industry boss back to face trial on financial misconduct charges.
Waymo, the self-driving unit of Alphabet Inc , said its vehicles had covered more than 20 million miles (32.2 million km) on public roads since its creation in 2009.
The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration's trade war with China, and exports rebounded, suggesting the economy ended 2019 on solid footing.
Americans are stashing away more of their salaries in their 401(k) plans, due partly to the greater share of businesses automatically enrolling workers at higher savings rates.
Goldman Sachs Group Inc will start reporting details on its consumer business for the first time and get rid of a volatile reporting line called investing and lending, in response to long-standing requests from analysts and investors.
The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration's trade war with China, and exports rebounded, suggesting the economy ended 2019 on solid footing.
Japanese prosecutors on Tuesday issued an arrest warrant for Carlos Ghosn's wife for alleged perjury, as officials stepped up efforts to bring the fugitive car industry boss back to face trial on financial misconduct charges.
Canada posted a trade deficit of C$1.09 billion ($0.84 billion) in November, thanks in part to a major railway strike that slowed the shipment of imports and exports, Statistics Canada said on Tuesday.
The Tyee | Bryan Carney | Jan 6, 2020 John Pecman on why it’s time to beef up the Competition Bureau he led. Canadians like to believe they live in one of the most sophisticated free-market economies in the world. Don’t tell that to John Pecman. Until May of last year, Pecman was commissioner of
The S&P 500 and the Dow opened slightly lower on Tuesday, dragged down by healthcare and energy stocks, while the Nasdaq was supported by positive corporate updates from chipmakers.
ABLE accounts are simple to set up and have low minimums, so disabled people can save for the future.
U.S. stock index futures signaled small gains for Wall Street at the open on Tuesday, as investors took comfort from the absence of fresh escalation in the standoff between the United States and Iran.