June 26, 2019

Exclusive: FAA says it identifies new potential risk on 737 MAX

The U.S. Federal Aviation Administration has identified a new potential risk that Boeing Co must address on its 737 MAX before the grounded jet can return […]
June 26, 2019

Oil prices rise more than 2% as U.S. crude, products stockpiles fall

Oil prices rose more than 2% on Wednesday and hit their highest in about a month, buoyed by U.S. government data that showed a larger-than-expected drawdown […]
June 26, 2019

Tesla’s senior production executive at Fremont facility quits: source

Tesla Inc’s vice president of production at its Fremont factory, Peter Hochholdinger, has left after three years with the electric-car maker, a source familiar with the […]
June 26, 2019

Tech boost, trade optimism lead Wall Street higher

Wall Street rose on Wednesday, as technology shares gained on the back of Micron’s upbeat results, while comments from Treasury Secretary Steven Mnuchin fueled hopes that […]
June 26, 2019

Global chipmakers rally on Micron’s upbeat results, Huawei shipments

Shares of chipmakers rose on Wednesday after Micron Technology Inc forecast a recovery in chip demand in the second half of the year, easing concerns that […]
June 26, 2019

Wall St. higher on tech boost, trade hopes

U.S. stocks rose on Wednesday after comments from Treasury Secretary Steven Mnuchin’s fueled optimism that the United States and China were close to striking a trade […]
June 26, 2019

Japan financial watchdog mulls fine for Nissan over Ghosn pay issue

Japan’s markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co up to 4 billion yen ($37 million) over the alleged underreporting of […]
June 26, 2019

Oil prices jump on U.S. crude stocks fall, major refinery outage

Oil prices hit their highest level in nearly a month on Wednesday, buoyed by an outage at a major refinery on the U.S. East Coast and […]
June 26, 2019

Micron resumes some chip shipments to Huawei, boosting stock

Memory-chip maker Micron Technology Inc said it had resumed some shipments to China’s Huawei Technologies Co Ltd and still expected demand for its chips to recover […]
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