The Justice Department said Friday it reached a preliminary agreement with Boeing to settle a long-running criminal probe into deadly 737 MAX crashes, drawing condemnation from some crash victim families. Under an “agreement in principle,” Boeing will pay $1.1 billion […]
US, Boeing Reach Deal To Resolve MAX Criminal Case Read More »
Walmart on Thursday reported another solid quarter behind sales gains in the United States, but warned of higher prices and continued uncertainty over President Donald Trump’s tariffs. “We will do our best to keep our prices as low as possible
Walmart Warns Of Higher Prices Due To Tariffs Read More »
Houston – Backers of carbon capture and storage are emphasizing compatibility with U.S. President Donald Trump’s energy development goals as they seek to protect hard-won U.S. policies from the administration’s climate chopping block. At the CERA Week energy conference last
Carbon capture industry tweaks message for the Trump era Read More »
Top energy industry figures converge on Houston this week for their biggest gathering since Donald Trump returned to the White House to champion fossil fuels and undo Joe Biden’s climate legacy. The president himself won’t appear at the annual Cambridge
Energy Industry Meets After Trump Tears Up US Green Agenda Read More »
A flood of presidential trade policy announcements has kept US automakers on edge since Donald Trump returned to the White House last month. While some signature threats — like 25 percent tariffs on Mexico and Canada — have been wielded
Trump Tariffs Fuel US Auto Anxiety Read More »
A US government panel failed to reach a consensus on whether US Steel’s acquisition by Nippon Steel threatens Washington’s national security, shifting the decision to the White House, the Japanese company said late Monday. The deadlock by the Committee on
US Panel Could Not Reach Consensus On US-Japan Steel Deal: Nippon Read More »
Striking workers at Boeing will vote Monday on the aerospace giant’s latest contract proposal to end a bruising walkout that has dragged on for more than seven weeks. The vote by some 33,000 machinists in the Pacific Northwest could pave
Striking Boeing Workers Set To Vote On Latest Offer Read More »
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region. The aviation giant must “reset our workforce levels to
Boeing To Cut 10% Of Workforce As It Sees Big Q3 Loss Read More »
JPMorgan Chase reported a dip in profits on higher costs Friday while still topping expectations as executives described US consumers as healthy and the economy as poised to avoid recession. But while the bank sees the US economy as “resilient,”
JPMorgan Chase Profits Top Estimates, Bank Sees ‘Resilient’ US Economy Read More »
Officials at 14 ports along the US East and Gulf coasts were making last-minute preparations on Monday for a likely labor strike that could drag on the US economy just ahead of a presidential election. With contract talks stalled between
US Port Officials Gird For Strike As Labor Talks Stay Stuck Read More »
