April 19, 2019

Will the Benettons use Alitalia to fly in from the cold?

Italian transport group Atlantia could join a rescue of loss-making flag carrier Alitalia to try to win favor with the government and secure the future of […]
April 19, 2019

SEC fines Prosper Funding $3 million for overstating net returns to investors

The Securities and Exchange Commission on Friday said Silicon Valley-based Prosper Funding LLC will pay a $3 million penalty for miscalculating and materially overstating annualized net […]
April 19, 2019

U.S. homebuilding near two-year low; permits extend decline

U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment, suggesting the housing market continued to […]
April 19, 2019

Return of the bench seat: Concept EVs show space big enough for sofas

Electric vehicle (EV) concepts shown in Shanghai this week, such as the Audi AI:me and Infiniti QX Inspiration, point to a future of living-room-like comfort in […]
April 19, 2019

Fiat Chrysler recalls 320,000 Dart cars that could roll away

Fiat Chrysler Automobiles NV said Friday it is recalling more than 320,000 Dodge Dart compact cars in North America that could roll away because of a […]
April 19, 2019

U.S. housing starts approach two-year low; permits weak

U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family housing segment, suggesting the housing market continued to […]
April 19, 2019

China will keep supporting economy as ‘pressure’ lingers: politburo

China will maintain policy support for the economy, which still faces “downward pressure” and difficulties after better-than-expected first quarter growth, a top decision-making body of the […]
April 19, 2019

Carlos Ghosn to be indicted on additional charge as early as Monday: NHK

Tokyo prosecutors are likely to indict former Nissan Motor Co Ltd Chairman Carlos Ghosn on an additional charge of aggravated breach of trust as early as […]
April 19, 2019

Foxconn says it remains committed to Wisconsin investment project

Taiwan’s Foxconn said on Friday it remains committed to its contract to build a display plant and tech research facilities in Wisconsin, days after the U.S. […]
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