The U.S. Department of Energy said on Thursday that President Donald Trump had formally nominated Deputy Energy Secretary Dan Brouillette, a former vice president of Ford Motor Co and Louisiana state energy regulator, to head the department.
Two Democratic U.S. House lawmakers said on Thursday the Federal Aviation Administration overruled agency technical specialists on two Boeing Co safety issues involving the 737 MAX rudder cable and lightning protection for the 787 Dreamliner that it said could be "potentially catastrophic."
The Port of Los Angeles, the nation's busiest for ocean trade with China, processed fewer containers of imported and exported goods in October as the U.S.-China trade war roils the domestic economy and global supply chains.
Walt Disney Co's popular theme parks and a remake of "The Lion King" pushed earnings past Wall Street targets on Thursday, and the company spent less than it had projected on its big plunge into streaming entertainment.
An agreement between the United States and China to roll back existing tariffs as part of a "phase one" trade deal faces fierce internal opposition in the White House and from outside advisers, multiple sources familiar with the talks said.
Gap Inc said on Thursday Chief Executive Officer Art Peck will step down and also cut its full-year earnings forecast, blaming slower traffic and operational challenges, sending the apparel maker's shares down 7%.
The U.S. Agriculture Department is preparing to roll out the second tranche of aid to compensate farmers for losses due to the U.S.-China trade war, Agriculture Secretary Sonny Perdue said on Thursday.
Housing finance giant Freddie Mac has hired management consultancy McKinsey & Company to advise on capital management, a spokesman said Thursday, as Freddie and its regulator start the long process of overhauling the firm and ultimately removing it from government control.
Walt Disney Co's theme parks and a remake of "The Lion King" boosted quarterly earnings past Wall Street targets on Thursday as costs came in lower than expected for its big plunge into streaming entertainment.
The U.S. Commerce Department said on Thursday it made a preliminary determination that Chinese exporters had dumped ceramic tile in the U.S. market at less than fair value.
An agreement between the United States and China to roll back existing tariffs as part of a 'phase one' trade deal faces fierce internal opposition at the White House and from outside advisers, multiple sources familiar with the talks said.
The U.S. Justice Department has issued civil subpoenas in its antitrust investigation into four major automakers’ voluntary agreement with California to adopt compromise vehicle emissions requirements, a source briefed on the matter said on Thursday.
The U.S. government is likely soon to spell out how it will enforce oversight of foreign investment in the United States, a U.S. official said on Thursday, after a law last year expanded the agency's authority to crack down on harmful Chinese investment.
Roku posted third-quarter results that missed Wall Street's expectation after multiple quarters of blowout growth.
Dropbox Inc beat analysts' estimates for third-quarter revenue and profit on Thursday, as the online file hosting company signed up more individual and business customers to its platform.