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Court grants American Airlines' request to end "devastating" slowdown by unions
A U.S. federal court on Friday granted American Airlines Group Inc's request to halt an alleged illegal slowdown by its mechanics' unions that the airline said had become "devastating" to its operations.
Posted on : 2019-06-15 09:51:57
Saudi energy minister says hopes to balance oil market before next year
Saudi Energy Minister Khalid al-Falih said on Saturday that he hopes oil producers will be able to balance the oil market before next year.
Posted on : 2019-06-15 09:51:17
Nissan considers giving Renault some seats on oversight committees - Kyodo
Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with the envisioned governance reform, Kyodo news reported on Friday, citing people close to the matter.
Posted on : 2019-06-15 08:58:35
Brazil asks for WTO investigation of Indonesia on poultry trade
The Brazilian government has formally asked the World Trade Organization (WTO) to open a panel to investigate Indonesian policies on Brazil's poultry exports, the Agriculture Ministry said on Friday.
Posted on : 2019-06-15 05:37:47
South Korea stops Iranian oil imports in May as sanction waivers end
South Korea halted all imports of Iranian oil in May, customs data showed on Saturday, as waivers on U.S. sanctions against Iran ended at the start of last month.
Posted on : 2019-06-15 05:27:00
Trump presses Lockheed to keep open a Pennsylvania plant slated for closure
U.S. President Donald Trump on Friday urged Lockheed Martin Corp to keep open its Sikorsky helicopter plant in Coatesville, Pennsylvania, a week after the weapons maker announced the planned closure of the facility.
Posted on : 2019-06-15 05:16:45
U.S. to launch public hearings on additional China tariffs next week
The U.S. Trade Representative's Office on Monday will kick off seven days of testimony from U.S. retailers, manufacturers and other businesses about President Donald Trump's plan to hit another $300 billion worth of Chinese goods with tariffs.
Posted on : 2019-06-15 04:31:39
American Airlines asks court to end 'devastating' slowdown by unions
American Airlines Group Inc on Friday asked a federal court to quickly halt an alleged illegal slowdown by mechanics' unions that has become "devastating" to the airline's operations.
Posted on : 2019-06-15 04:19:40
Apollo in talks to finance Dish Network bid for T-Mobile, Sprint assets - sources
Private equity group Apollo Global Management is in talks with satellite TV provider Dish Network to finance a bid for wireless assets that will be divested in the proposed merger between T-Mobile and Sprint Corp, according to two people familiar with the matter.
Posted on : 2019-06-15 03:57:50
Chicken producer Perdue enters crowded plant-based meat market
Perdue Foods, one of America's largest chicken producers, said it will sell frozen chicken nuggets mixed with cauliflower, chickpeas and plant protein to address a growing demand for products combining meat and vegetables.
Posted on : 2019-06-15 03:51:32
U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week - source
The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, a person briefed on the matter said on Friday.
Posted on : 2019-06-15 03:33:18
Corrected: U.S. green groups ramp up legal attacks on federal oil leases
(This June 13 story corrects to clarify view of the Western Watersheds Projects and add to description of more conservation-focused groups)
Posted on : 2019-06-15 03:20:25
Papa John's dismisses KPMG as its auditor, hires EY
Papa John's International Inc said on Friday it dismissed KPMG LLP as its financial auditor after the accounting firm pointed out that the pizza chain did not maintain effective internal control over its financial reporting last year. The company has appointed Ernst & Young LLP, which served as its auditor between 1990 and 2017, to handle the accounts for fiscal year ending December 2019, it said in a regulatory filing.
Posted on : 2019-06-15 02:58:26
Wall Street ends down; Broadcom warning hits chip stocks
U.S. stocks ended lower on Friday as investors were cautious going into next week's Federal Reserve meeting, while a warning from Broadcom of a broad weakening in global demand weighed on chipmakers and added to U.S.-China trade worries.
Posted on : 2019-06-15 02:57:53
Six companies made initial best offers for Colombia oil contracts
Six oil companies have made the initial best offers on 11 oil exploration contracts in Colombia, the government said on Friday, as a bidding process meant to revitalise its long-stagnant oil sector moved forward.
Posted on : 2019-06-15 02:54:53
Trump says 'Iran did do it,' as U.S. seeks support on Gulf oil tanker attacks
The United States on Friday blamed Iran for attacks on two oil tankers at the entrance to the Gulf and said it was seeking international consensus about the threat to shipping, despite Tehran denying involvement in the explosions at sea.
Posted on : 2019-06-15 02:33:32
Stocks dip as Fed meeting looms, oil climbs on geopolitical fears
U.S. stocks ended nominally lower on Friday as investors awaited next week's Federal Reserve meeting for signs of imminent easing, while the U.S.-Iran confrontation in the Gulf of Oman added to geopolitical uncertainty, sending oil prices higher.
Posted on : 2019-06-15 02:27:13
Papa John's drops KPMG as its auditor, hires EY
Papa John's International Inc has appointed Ernst & Young LLP as its auditor for fiscal year ending December 2019 after dropping KPMG LLP, the company said in a regulatory filing on Friday.
Posted on : 2019-06-15 02:03:01
Mexico ready to retaliate if U.S. imposes tariffs - minister
Mexico will be ready to retaliate in kind if the U.S. government imposes tariffs on Mexican exports to the United States, Mexican Economy Minister Graciela Marquez said on Friday.
Posted on : 2019-06-15 01:39:36
Wall Street ends slightly lower with Fed in focus
U.S. stocks ended lower on Friday, with investors cautious going into next week's Federal Reserve meeting, while a warning from Broadcom of a broad weakening in global demand weighed on chipmakers.
Posted on : 2019-06-15 01:37:01
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