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Amazon's rising air shipments fly in the face of climate plan

Amazon.com Inc Chief Executive Jeff Bezos has plans to slash greenhouse gas emissions from the online retailer's delivery operations.



5 years ago

American Airlines CEO says expects 737 MAX approval in near future

American Airlines Group expects U.S. Federal Aviation Administration approval of Boeing Co's grounded 737 MAX jets in the near future, Chief Executive Doug Parker said on Wednesday.



5 years ago

Thyssenkrupp poised to get elevator bids this week: sources

Thyssenkrupp will receive first bids for its elevator division this week, three people familiar with the matter said, as major stakeholders differ over whether the conglomerate should sell a majority stake in its most profitable asset.



5 years ago

Boeing CEO will forgo 'tens of millions of dollars' in compensation

Boeing Co Chief Executive Dennis Muilenburg said on Wednesday he would forgo "tens of millions of dollars" in compensation after asking the company's board of directors to waive his bonuses on Saturday.



5 years ago

SoftBank's Son admits mistakes after Vision Fund's $8.9 billion loss

SoftBank plunged to its first quarterly loss in 14 years on Wednesday, dragged down by an $8.9 billion hit at its giant Vision Fund, as CEO Masayoshi Son admitted poor investment judgment and turning a blind eye to problems at startup WeWork.



5 years ago

Oil prices fall on large U.S. crude build, euro zone data

Oil prices slipped on Wednesday after a much larger build in U.S. crude inventories than expected and weak euro zone economic figures that weighed on demand sentiment, reversing gains from the previous three sessions.



5 years ago

Risk rally pauses on U.S. data, trade talk caution

The dollar slid and the three-day global stock market rally paused on Wednesday as U.S. productivity data disappointed and investors turned a bit cautious about U.S.-China trade talks.



5 years ago

Wendy's sales warm on spicy chicken; burger chain looks to breakfast rollout

Wendy's Co reported strong North American sales on Wednesday, powered by spicy chicken nuggets and other special menu items, while the fast-food burger chain looks ahead to its launch of breakfast next year.



5 years ago

Canada PM cites 'positive momentum' on USMCA deal as top U.S. official visits

Canadian Prime Minister Justin Trudeau on Wednesday cited "positive momentum" in the U.S. process to ratify a new continental trade deal, which has been in limbo for months amid concerns over labor standards.



5 years ago

Here's how much you can save toward retirement in 2020

You will be able to set aside more money for retirement in the new year, according to the IRS. Here's how much pre-tax money you can put in workplace retirement savings plans and IRAs.

5 years ago

Phillips 66 completely transparent in project financing: CEO

Phillips 66 Chief Executive Greg Garland said on Thursday the company is completely transparent in the financing of pipelines and other projects the independent U.S. refiner and petrochemical producer has undertaken in the past few years.



5 years ago

Former UAW official, GM board member charged in UAW investigation

Former United Auto Workers vice president Joseph Ashton was charged in U.S. District Court in Detroit Wednesday with conspiracy to commit money laundering and wire fraud, the latest person named in a wide-ranging corruption probe into the union.



5 years ago

U.S. sets sights on shipping companies for sanctions evasions

The United States will target shipping companies that are in breach of sanctions and aggressively enforce measures across the globe to clamp down on such practices, a top U.S. official said on Wednesday.



5 years ago

China considers up to $10 billion investment in Aramco IPO: Bloomberg

China's state-owned entities are in talks about investing $5 billion to $10 billion in Saudi oil giant Aramco's planned initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter.



5 years ago

NYT warns of 'challenging' quarter as ad revenue set to weaken, shares fall

The New York Times Co on Wednesday forecast a "fairly challenging" fourth quarter due to a drop in advertising revenue, which the publisher said may fall further due to changes in its ad platform, sending its shares down 9%.



5 years ago