December 21, 2019

Lone Star to buy BASF construction chemicals unit for $3.51 billion

Private equity firm Lone Star has entered a deal to buy BASF’s construction chemicals business for 3.17 billion euros ($3.5 billion) on a cash and debt-free […]
December 21, 2019

PG&E creditors offer California wildfire victims $13.5 billion in cash upfront

PG&E Corp’s creditors have sweetened their offer to California wildfire victims, saying they are now prepared to pay $13.5 billion in cash upfront, according to a […]
December 21, 2019

Boeing’s Starliner astronaut capsule fails key test to reach space station

Boeing Co’s new astronaut capsule failed after liftoff on Friday to climb high enough in orbit to reach the International Space Station, cutting short a critical […]
December 21, 2019

Russia gas export pipeline in jeopardy as Trump signs sanctions bill

Swiss-Dutch company Allseas said it had suspended work on building a major Russia-to-Germany natural gas pipeline in order to avoid U.S. sanctions contained in legislation signed […]
December 20, 2019

U.S. transport chief said economic issues not a factor in 737 MAX’s safety review

The economic impact of Boeing Co’s planned halt of 737 MAX production will not be considered by U.S. regulators in their ongoing review of when to […]
December 20, 2019

Boeing’s failed Starliner mission strains ‘reliability’ pitch

Boeing Co’s stunted Friday debut of its astronaut capsule threatens to dent the U.S. aerospace incumbent’s self-declared competitive advantage of mission reliability against the price and […]
December 20, 2019

SEC probes at least two trading firms over NYSE listings: source

The U.S. securities regulator has asked at least two trading firms for information regarding a broad investigation into initial public offerings and direct listings going back […]
December 20, 2019

Exclusive: U.S. talks with GM over deploying self-driving cars without steering wheels

The U.S. National Highway Traffic Safety Administration is holding talks with General Motors Co on the automaker’s petition to deploy a limited number of self-driving vehicles […]
December 20, 2019

U.S. Steel delivers unwelcome Christmas surprise to Michigan town

The mayor of a Michigan steel town was attending his grandchildren’s Christmas play Thursday evening when he got an unwelcome voicemail from an official of the […]
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