By David Shepardson SPARTANBURG, S.C (Reuters) – Boeing Co won support Wednesday from a Republican senator and a major customer…
Musk says excited by Twitter deal despite overpaying
OAKLAND, Calif. (Reuters) – Elon Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc, although…
Equities close lower as rise in yields overshadows earnings
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks snapped a two-day streak of gains on Wednesday as weakness in…
Fed’s Evans: Keeping unemployment below 5% would be ‘good’ outcome in inflation fight
WASHINGTON (Reuters) – If the Federal Reserve can bring inflation under control with unemployment remaining under 5% that would be…
BMW invests $1.7 billion to build electric vehicles in U.S
By David Shepardson SPARTANBURG, South Carolina (Reuters) -BMW AG said on Wednesday it will invest $1.7 billion to build electric…
Consumer giants are winners as shoppers swallow price hikes
By Richa Naidu, Jessica DiNapoli and John Revill ZURICH/LONDON (Reuters) – Nestle and Procter & Gamble, the world’s two biggest…
BMW chief warns against setting gas-powered phase-out date
By David Shepardson GREENVILLE, South Carolina (Reuters) – Setting a date to phase out gas-powered vehicles could remove “cheap cars”…
Arizona, Texas join multi-state probe into big banks over net-zero pledge
(Reuters) – A group of U.S. state attorneys general including from Arizona and Texas have sent civil investigative demands to…
AT&T in talks with investors to expand fiber optics network – report
(Reuters) -AT&T Inc is in discussions to create a joint venture that would invest billions of dollars to expand its…
Hyundai Motor and Kia warn $2 billion engine provision to hit Q3 earnings
By Heekyong Yang and Joyce Lee SEOUL (Reuters) – Hyundai Motor and affiliate Kia Corp will book a combined 2.9…