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Toyota and Mazda receive $700M in incentives for new US plant
Sat, 13 Jan 2018 09:54:02 GMT
The state of Alabama and the city of Huntsville offered Toyota Motor Corp. and Mazda Motor Corp. $700M in incentives to build a $1.6B factory in Northern Alabama. >>
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S&P 500 and Dow Jones show the best start to a year since 2003
Sat, 13 Jan 2018 09:15:31 GMT
On Friday, the S&P 500 and the Dow Jones indexes showed the best start to a year since 2003 as investor optimism on the US economy remained high. >>
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Police arrest British woman on suspicion of terrorism at airport
Sat, 13 Jan 2018 08:54:00 GMT
A female British national was arrested at Heathrow Airport after arriving from the Ethiopia's capital Addis Ababa on suspicion of terrorist act preparation. >>
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Japan shows openness to Belt and Road initiative
Sat, 13 Jan 2018 08:10:56 GMT
The Prime Minister of Japan Shinzo Abe said that Japanese government will respond properly to cooperation programs relevant to China-proposed One Belt and One Road initiative.  >>
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Ride-sharing companies in Saudi Arabia to recruit female drivers
Sat, 13 Jan 2018 07:52:09 GMT
A Dubai-based ride-sharing app Careem and Uber prepare to employ female drivers in Saudi Arabia after King Salman's order to overturn the ban on female driving. >>
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GM seeks US approval to launch fully automated car
Sat, 13 Jan 2018 07:02:03 GMT
According to GM executives, the company was seeking the US approval to launch fully automated self-driving Cruise AV vehicle, without accelerator and brake pedals, next year. >>
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Shares of MoneyGram jump amid partnership with Ripple
Sat, 13 Jan 2018 07:00:53 GMT
Shares of MoneyGram International inched 10.5% higher after the company announced the partnership with Ripple, the blockchain bitcoin rival company. >>
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Raytheon wins $641.8M defence contract: Pentagon
Sat, 13 Jan 2018 06:06:04 GMT
The Raytheon Integrated Defence System has won a contract worth $641.8M to perform Ballistic Missile Defence Systems' tests for the multiple radar platforms, the Pentagon said. >>
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Wells Fargo struggles to recover after sales scandal
Sat, 13 Jan 2018 06:04:56 GMT
Wells Fargo CEO Sloan stated that the company has not fully recovered after a long-running sales scandal, which affected the bank's reputation and prevented efforts to reduce costs. >>
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Costa Rica suspends local airline amid plane crash
Sat, 13 Jan 2018 05:02:41 GMT
The Civil Aviation Agency of Costa Rica has suspended Nature Air, the local airline, only two weeks after one of their planes crashed near a tourist beach, killing 12 people. >>
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Singapore court charges three suspects in oil theft at Shell's refinery
Sat, 13 Jan 2018 05:01:53 GMT
A Singaporean court has charged three more suspects who were involved in large-scale oil heist at the biggest refinery of Shell, a few days after bringing charges against 11 men. >>
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CBS, Viacom not in active talks on merger
Sat, 13 Jan 2018 04:35:07 GMT
CBS and Viacom were not in active negotiations over merger, though Viacom's controlling shareholder had exploratory talks with directors of CBS about the companies' recombining. >>
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US holiday spending at strongest level in 12 years
Sat, 13 Jan 2018 04:30:36 GMT
The US holiday spending surged 5.5%, the strongest gain since 2005, spurred by solid consumer confidence, stronger employment and expectations of higher bonuses and wages after the tax bill. >>
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Fiat recalls 162K minivans due to glitch
Sat, 13 Jan 2018 03:33:11 GMT
Fiat Chrysler stated on Friday that it was recalling 162K 2017 Chrysler Pacifica minivans due to a software glitch that may cause the cars to stall. >>
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Volkswagen agrees to $232M Canada's emission settlement
Sat, 13 Jan 2018 03:29:47 GMT
Volkswagen agreed to a nearly $232M worth settlement with vehicle owners in Canada affected by the company's diesel emissions-cheating scandal. >>
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