Business News

US Expands Investigation Into Air Bag…

A malfunction in the air bag control unit can cause the air bag to not be deployed during crashes.

China rejects 'unfounded hype' after GE spying accusation

China tells US to stop 'unfounded hype' about technology theft after engineer, Chinese business partner charged with industrial spying

Tesla Investigating Video Of A Car Bursting Into…

This is one of many reports throughout the years of Tesla vehicles catching fire.

Occidental makes competing offer for Anadarko Petroleum

Occidental is making an offer of $76 per share in cash and stock for Anadarko that it says is an approximately 20% premium to Chevron's $33B deal

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Reports Huawei allowed into UK 5G networks draw…

The head of Parliament's foreign affairs committee says Huawei should not be involved in building Britain's new internet system because the company has to cooperate with Chinese intelligence agencies

Beijing celebration of building binge overshadowed by debt

Asian and African leaders plan to press Beijing to reduce debt burden of infrastructure initiative

German business outlook darkens amid trade…

An index of German business optimism fell in April as Europe's largest economy struggles with a slowdown in trade but is supported by a strong labor market

UK begins search for new Bank of England governor

The British government has started the process to appoint the successor to Mark Carney as governor of the Bank of England

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World shares mixed after S&P 500, Nasdaq hit…

World shares mixed despite record high closes for S&P 500 and Nasdaq

Nissan slashes profit amid Ghosn scandal, lagging…

Nissan slashes profit amid Ghosn scandal, higher costs, lagging sales

Shadow of 2 deadly crashes hangs over Boeing's 1Q…

When Boeing reports financial results, the first quarter numbers will take a back seat to any updates on the 737 Max

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Housing-strapped California debates density near…

A controversial proposal to increase housing near transportation and job hubs faces a key test as California lawmakers search for solutions to the state's housing affordability crisis