January 16, 2019

Hyundai, Kia issue new U.S. recall of 168,000 vehicles for fire risks

Hyundai Motor Co and affiliate Kia Motors Corp said on Wednesday they will recall about 168,000 U.S. vehicles at risk of fuel leaks, after recalling them […]
January 16, 2019

U.S. lawmakers introduce bipartisan bills targeting China’s Huawei and ZTE

A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd […]
January 16, 2019

U.S. investigating Huawei for alleged trade secret theft: WSJ

Federal prosecutors are investigating Huawei Technologies, the world’s largest telecommunications equipment maker, for allegedly stealing trade secrets from U.S. businesses and could soon issue an indictment, […]
January 16, 2019

Wall Street hits four-week high on BofA, Goldman boost

Wall Street’s main indexes hit a one-month high on Wednesday, boosted by upbeat earnings from Bank of America and Goldman Sachs, with a multi-billion dollar deal […]
January 16, 2019

Airbus spends $300 million on new Alabama plant for A220 jet

Airbus expanded its industrial presence in the United States on Wednesday, preparing to breaking ground on a new assembly plant for the A220, 18 months after […]
January 16, 2019

IAC sues Tinder co-founder over business documents, escalating court fight

Online dating company Match Group Inc and its owner IAC/InterActiveCorp has filed a lawsuit accusing Sean Rad, a former employee known for co-founding the popular dating […]
January 16, 2019

Oil steady a day after big gain; rising U.S. fuel stocks weigh

Oil prices steadied on Wednesday after a 3 percent rise during the previous session, after data showed growing U.S. refined product inventories and record crude production, […]
January 16, 2019

World stocks rise; sterling up ahead of May vote

Major world stock indexes rose on Wednesday, with the S&P 500 supported by gains in U.S. bank stocks after strong earnings, while the pound edged up […]
January 16, 2019

Goldman dealmakers shine in Solomon’s maiden quarter

Goldman Sachs Group Inc turned in a better-than-expected profit during David Solomon’s first quarter at the helm, helped by dealmakers in the division the new chief […]
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