May 28, 2019

Global stocks weighed down by concerns over trade, Italian budget

Early gains in benchmark U.S. indexes faded and global stock markets retreated Tuesday as concerns about Italy’s budget and the fate of U.S.-China trade talks continued […]
May 28, 2019

Wall St. loses early gains as trade concerns abound

U.S. stocks closed lower on Tuesday, with initial gains giving way to declines as the likelihood of a prolonged trade war between the United States and […]
May 28, 2019

How Renault, Fiat Chrysler could save through sharing

If French automaker Renault green-lights a proposed merger with Fiat Chrysler Automobiles, the companies almost immediately could begin saving money by consolidating components and basic structures […]
May 28, 2019

Airbus moves staff to help secure Hamburg jet output: sources

Airbus is mobilizing staff from outside Germany to assist with a tricky production ramp-up of A321 passenger jets at its plant in Hamburg, industry sources said. […]
May 28, 2019

France pledges to fight for plant where GE plans 1,044 job cuts

French Finance Minister Bruno Le Maire said on Tuesday he would fight to save jobs at a General Electric Co (GE) factory in eastern France where […]
May 28, 2019

U.S. auto sales seen slipping 2.1% in May: J.D. Power, LMC Automotive

U.S. auto sales are expected to drop 2.1% in May from the year-ago period, as higher prices keep buyers at bay, according to industry consultants J.D. […]
May 28, 2019

Strong labor market boosts U.S. consumer confidence

Consumer confidence jumped in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity was […]
May 28, 2019

Walmart taps ex-Google, Amazon employee as new chief technology officer

Walmart Inc appointed Suresh Kumar, a former employee of Alphabet Inc-owned Google and Amazon.com Inc, as its new chief technology officer as it tries to fuel […]
May 28, 2019

Huawei holds on to No. 2 smartphone spot in first quarter: report

Chinese telecom company Huawei held on to its spot as the world’s second biggest smartphone vendor in the first quarter, before being blacklisted by the United […]
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