July 18, 2018

China clips Air China’s wings after descent scare

China’s aviation regulator will cut flights by Air China’s Boeing 737 fleet by 10 percent and cancel the licenses of the pilot and co-pilot involved in […]
July 17, 2018

Boeing gets $3.9 billion contract for new Air Force One jets

Boeing Co has received a $3.9 billion contract to build two 747-8 aircraft for use as Air Force One by the U.S. president, due to be […]
July 17, 2018

Buffett’s Berkshire Hathaway loosens policy on stock buybacks

Berkshire Hathaway Inc on Tuesday eliminated a restriction on its ability to buy back its own stock, a change that could help billionaire Chairman Warren Buffett […]
July 17, 2018

Australia’s Fairfax to share print costs with rival News Corp

Publisher Fairfax Media said on Wednesday it had agreed with rival News Corp’s Australian unit to collaborate on printing newspapers to curb costs. Powered by WPeMatico
July 17, 2018

CSX profit tops Wall St target on cost cuts, pricing power

CSX Corp on Tuesday posted quarterly profit that topped Wall Street’s target, as the No. 3 U.S. railroad operator benefited from an ongoing cost-cutting drive and […]
July 17, 2018

Trade war puts the hoof into U.S. pig part exports to China

Before the U.S.-China trade war, American pig processors exported nine out of every 10 pigs’ feet and heads they shipped overseas to China and Hong Kong […]
July 17, 2018

Texas Instruments CEO resigns on code of conduct violation

Texas Instruments Inc said on Tuesday that Brian Crutcher had resigned as the company’s chief executive officer just six weeks into the role, due to violations […]
July 17, 2018

Netflix shares take hit as subscriber slip hints at ‘lumpy’ road ahead

Shares of Netflix Inc headed for their worst day in two years on Tuesday, falling as much as 14 percent after reporting a surprise shortfall in […]
July 17, 2018

Toshiba may face renewed shareholder accounting claims: U.S. appeals court

A U.S. appeals court gave investors in Toshiba Corp’s U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about […]
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