The U.S. House Transportation and Infrastructure Committee on Tuesday formally asked Boeing chief executive Dennis Muilenburg to testify on the now grounded 737 MAX that has been involved in two deadly crashes since October 2018 that killed 346 people.
General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for the second day on Tuesday.
Buses may not be the most glamorous mode of transport but at the 2020 Tokyo Olympic games, they will represent Toyota Motor Corp's best bet for wider acceptance of hydrogen power - technology so far eclipsed by electric vehicles.
Adobe Inc on Tuesday gave a tepid current-quarter revenue forecast and said that bookings in its newly acquired marketing software unit were growing slower than expected, sending shares nearly 3% in after-market trading.
A Saudi Defense Ministry spokesman will hold a press conference on Wednesday to provide information about last week's attack on Aramco, state TV said early on Wednesday.
China, Japan and South Korea have set ambitious targets to put millions of hydrogen-powered vehicles on their roads by the end of the next decade at a cost of billions of dollars.
Oil prices cooled on Wednesday as Saudi Arabia said the kingdom had fully restored its oil supply following attacks on its crude facilities although caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.
A senior U.S. official on Tuesday called for a U.N. Security Council response to the attacks on Saudi oil facilities that the United States blames on Iran, but it was unclear what action he sought or whether Washington might secure Russian cooperation.
Guggenheim Partners global chief investment officer Scott Minerd warned on Tuesday the firm's recession forecast model showed a 58% chance of the economy being in a recession by mid-2020, and a 77% chance of one beginning in the next 24 months.
The Saudi Arabian Crown Prince Mohammed bin Salman received a phone call from the French President Emmanuel Macron on Tuesday to discuss the attack on oil facilities owned by Saudi Aramco, according to the state news agency SPA.
Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month's end while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.
DoubleLine CEO Jeffrey Gundlach believes the bottom for interest rates is in for 2019.
The attack on Saudi Arabia is a dangerous escalation and the international community should stand by the Gulf country and ensure regional stability, UAE Minister of State for Foreign Affairs Anwar Gargash said in a tweet on Tuesday.
Oil fell more than 1% on Tuesday as the market hung on tenterhooks over the threat of a military response to attacks on Saudi Arabian crude oil facilities that cut the kingdom's output in half and sent prices soaring by the most in decades.
U.S. President Donald Trump said on Monday Washington had struck trade agreements with Tokyo that could be implemented without congressional approval, but stopped short of assuring Japan that new tariffs would not be slapped on vital auto exports.