Boeing Co Chief Executive Dennis Muilenburg was repeatedly hammered by U.S. lawmakers at a hearing on Wednesday over his compensation and key mistakes in the development of the 737 MAX that he newly acknowledged, in the wake of deadly crashes.
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Wall Street analysts predict what will happen with Facebook's earnings report after the bell.
Leaders from the United States and China encountered a new obstacle in their struggle to end a damaging trade war on Wednesday, when the summit where they were supposed to meet was cancelled because of violent protests.
A potential merger between Fiat Chrysler and Peugeot would be credit-positive for both car makers, S&P Global Ratings said on Wednesday, after the companies confirmed they were in talks over a possible tie-up.
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that it will take time for Chinese purchases of U.S. agricultural goods to "scale up" to the $40 billion to $50 billion annual level touted by President Donald Trump if the two sides can seal a "Phase 1" trade deal.
Having a solid succession plan in place is crucial to ensure a seamless transition of ownership, especially when faced with the unexpected. According to Rocket Lawyer, however, 72% of companies don't have one. Here are some tips to get started.
Wall Street fell and U.S. Treasury yields dipped as data showed weakening U.S. economic growth and investors looked to an expected rate cut from the Federal Reserve.
Talks between Fiat Chrysler and Peugeot owner PSA over a potential tie-up that could create a $50 billion car giant gathered pace on Wednesday, with one source saying a deal could be announced as early as Thursday.
The Hong Kong Monetary Authority (HKMA) lowered its base rate charged through the overnight discount window by 25 basis points to 2% on Thursday, hours after the U.S. Federal Reserve delivered a cut of the same size.
Ford Motor Co on Wednesday said it was shutting down its oldest plant in Brazil later in the day as planned, with prospects for saving any of the jobs in doubt as talks with a potential buyer have fallen behind schedule.
U.S. economic growth slowed less than expected in the third quarter as a further contraction in business investment was offset by resilient consumer spending, further allaying financial market fears of a recession.
The Trump administration still expects to sign an initial trade agreement with China next month despite the cancellation of the APEC summit in Chile where officials had hoped to finalize the pact, the White House said on Wednesday.
U.S. President Donald Trump's demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations.
General Motors Co said on Wednesday President Mark Reuss would now oversee North America, South America, China and international regions.