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UAW turns to Ford after GM workers approve new contract

The United Auto Workers union said on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will negotiate with after workers at General Motors Co approved a new contract deal.



4 years ago

Global stocks, dollar, yields climb on trade progress news

Global stock indexes, the dollar and bond yields rose on Friday, with the S&P 500 nearing a record high as the United States said it was close to finalizing parts of a trade deal with China.



4 years ago

Two charities to pay $6 million to resolve U.S. pharma kickback probe

Two charities will pay $6 million to resolve claims they operated as pass-throughs for seven pharmaceutical companies to pay kickbacks to Medicare patients using their high-priced medications, the U.S. Justice Department said on Friday.



4 years ago

Timeline: UAW members ratify new labor deal with GM to end strike

The United Auto Workers union said on Friday its members ratified a new four-year labor contract with General Motors Co , ending the strike with the No. 1 U.S. automaker after 40 days.



4 years ago

U.S., China 'close to finalizing' part of a Phase One trade deal: USTR

U.S. and Chinese officials are "close to finalizing" some parts of a trade agreement after high-level telephone discussions on Friday, the U.S. Trade Representative's office said, adding that deputy-level talks would proceed "continuously."



4 years ago

Boeing completes year of turmoil with promise to Indonesia on 737 MAX crash

Boeing Co on Friday promised to act on safety recommendations for its 737 MAX aircraft made in a new report by Indonesian investigators on the deadly Lion Air crash a year ago.



4 years ago

Microsoft wins Pentagon's $10 billion cloud computing contract

Microsoft Corp. has won the Pentagon's $10 billion cloud computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc .



4 years ago

Microsoft beats Amazon for Pentagon's $10 bln cloud computing contract

Microsoft Corp. has won the Pentagon's $10 billion cloud computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc .



4 years ago

Microsoft beats Amazon for Pentagon's $10 billion cloud computing contract

Microsoft Corp. has won the Pentagon's $10 billion cloud computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc .



4 years ago

General Motors to restart Mexican plants following new labor contract

General Motors Co will gradually restart operations at two of its plants in Mexico this coming weekend, after workers for the U.S. automaker ratified a new labor contract, the company's Mexican unit said in a statement on Friday.



4 years ago

General Motors to restart Mexican plants after labor deal ratified

General Motors Co will gradually restart operations at several idled plants in Mexico beginning this weekend, after unionized workers for the U.S. automaker ratified a new labor contract, the company's Mexican unit said on Friday.



4 years ago

Asian shares, sterling falter as Brexit, growth anxiety sap confidence

Asian shares wobbled on Friday as investors were reluctant to make big bets ahead of key central bank policy meetings next week against the backdrop of slowing global growth, while sterling extended its slide on a fresh bout of Brexit anxiety.



4 years ago

Renault says third-quarter revenues down 1.6%, cites partners' lower output

French automaker Renault's group revenues fell 1.6 percent in the third quarter, with the company citing reduced production at its partners Nissan and Daimler , and a drop in demand for diesel engines in Europe.



4 years ago

Tesla starts selling China-made Model 3 with autopilot function

U.S. electric vehicle maker Tesla on Friday started selling its China-made Model 3 with an autopilot function priced from 355,800 yuan ($50,310), making it the company's cheapest model on sale in the country, the official website showed.



4 years ago

China to ask U.S. to remove tariffs in exchange for ag buys in talks Friday: sources

Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products, but in return, Beijing will request cancellation of some planned and existing U.S. tariffs on Chinese imports, people briefed on the talks told Reuters.



4 years ago