Four States Join Lawsuit to Stop $26.5 Billion Sprint-T-Mobile Deal

Hawaii, Massachusetts, Minnesota and Nevada are joining the legal fight against T-Mobile’s $26.5 billion bid for Sprint in a case that may reach trial...
An Israeli Eviation Alice electric aircraft electric aircraft is displayed at Paris Air Show, in Le Bourget, east of Paris, France, Tuesday, June 18, 2019. Israeli startup Eviation displayed an all-electric airplane prototype dubbed Alice at the Paris Air Show, as the aviation industry increasingly looks to electric and hybrid technology because of pressure from regulators and the public to reduce emissions. (AP Photo/Michel Euler)

Under Pressure, Plane Industry Promises Flights Better for the Environment — Someday

Battery-powered planes, solar planes, hydrogen planes — jet makers are working on myriad ways to make flying less damaging to the planet. Yet clean...

Chick-fil-A Becomes 3rd Largest Restaurant Chain in U.S.

A restaurant that has a corporate mission to “glorify God” is officially the third-largest restaurant in the United States. Chick-fil-A climbed from No. 7 to...
FILE - In this May 8, 2019, file photo, a Boeing 737 MAX 8 jetliner being built for Turkish Airlines takes off on a test flight in Renton, Wash. Boeing is selling its 737 Max planes again. The company announced at the Paris Air Show on Tuesday, June 18 that International Airlines Group signed a letter of intent for 200 Boeing 737 aircraft. (AP Photo/Ted S. Warren, File)

Boeing Signs First Deal for 737 Max Jets Since Deadly Crashes

Boeing is selling its 737 Max planes again. The company announced at the Paris Air Show on Tuesday that International Airlines Group, the parent company...
Huawei founder Ren Zhengfei, center, speaks at a roundtable at the telecom giant's headquarters in Shenzhen in southern China on Monday, June 17, 2019. Huawei's founder has likened his company to a badly damaged plane and says revenues will be $30 billion less than forecast over the next two years. (AP Photo/Dake Kang)

Huawei Says U.S. Sanctions Will Cost it Billions in Revenue

Huawei’s founder said Monday that the Chinese telecom giant’s revenue will be $30 billion less than forecast over the next two years, as he...
Flags fly on the front of Sotheby's auction house, in New York, Monday, June 17, 2019. BidFair USA is taking auction house Sotheby's private in a deal valued at $3.7 billion. (AP Photo/Richard Drew)

French-Israeli Businessman Buys 275-Year-Old Sotheby’s Auction House for $3.7 Billion

The 275 year old auction house Sotheby’s is being sold to a French Israeli business man for about $3.7 billion. Sotheby’s, founded in London in...
FILE - In this May 10, 2019 file photo, a worker walks near truck trailers and cargo containers at the Port of Tacoma in Tacoma, Wash. Hundreds of businesses, trade groups and individuals have written to complain about President Donald Trump's threat to impose tariffs on the remaining $300 billion in Chinese goods that he hasn't already hit with 25% import taxes, saying the additional import taxes would drive up prices for consumers, squeeze profits and leave U.S. companies at a competitive disadvantage to foreign rivals that aren't subject to higher taxes on the vital components they buy from China. (AP Photo/Ted S. Warren, File)

Why U.S.-China Trade War Risks Hurting Companies in Both Countries

U.S. businesses are imploring President Donald Trump not to expand his tariffs to $300 billion in goods from China that have so far been...

Airbus Launches New A321 Jet at Paris Airshow as Boeing Apologizes for Crisis

Boeing suffered a fresh setback at the opening of the Paris Airshow on Monday as the U.S. planemaker’s engine supplier revealed a delay affecting...

Algerian Partner of Volkswagen Detained on Graft Allegations

An Algerian court on Monday ordered the detention of Mourad Eulmi, head of family-owned firm SOVAC that is a partner of Germany’s Volkswagen AG,...

American Chipmakers Quietly Lobby Government to Ease Ban on Huawei

Huawei’s American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech...

Huawei Wipes $30 Billion Off Revenue Expectations as CEO Says U.S. Ban is Hurting...

China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s founder and CEO Ren Zhengfei said, and slashed...

Fashion House Chanel Reports Higher Profits as It Affirms Commitment to Independence

Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away in February, on Monday reaffirmed commitment to its independence after reporting higher annual...

Car Companies That Also Make Motorcycles

There’s a number of brands successful in both motorcycle and car markets. Some of them started as motorcycle manufactures and added cars to their...

Billionaire Patrick Drahi Buys Sotheby’s in $3.7 Billion Deal

Patrick Drahi, the billionaire behind telecoms and media group Altice, agreed on Monday to buy Sotheby’s in a deal worth $3.7 billion, marking the...
FILE - In this Monday, April 29, 2019 file photo, Boeing Chief Executive Dennis Muilenburg speaks during a news conference after the company's annual shareholders meeting at the Field Museum in Chicago. Boeing’s CEO says the company made a “mistake” in handling a problematic cockpit warning system in 737 Max jets ahead of two deadly crashes of the top-selling plane. Chief Executive Dennis Muilenburg told reporters in Paris on Sunday, June 16 that the company’s communication “was not consistent,” calling that “unacceptable.”(AP Photo/Jim Young, file)

Boeing CEO Admits ‘Mistakes’ in Handling of Warning-system Problems in Max 737s

The chief executive of Boeing said the company made a “mistake” in handling a problematic cockpit warning system in its 737 Max jets before...

Bloomberg Report Says Huawei is Preparing for 40%-60% Fall in International Smartphone Shipments

Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in international smartphone shipments, Bloomberg reported on Sunday. The Chinese technology company is...

Boeing Reportedly Seeking to Reduce Scope & Duration of Some Physical Tests for New...

Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify the planemaker’s new aircraft, according to industry...

After Long Waits and Store Closings, Target’s Nationwide Register Outage Ends

It was a tough afternoon to be at Target. After a two-hour nationwide outage Saturday, Target’s registers are back online in the retailer's 1,849 U.S. stores, spokesman Joe Poulos...

Judge Rules That Federal Energy Regulatory Commission Has No Jurisdiction Over PG&E Power Contract...

A judge in San Francisco has ruled that the Federal Energy Regulatory Commission has no jurisdiction over a dispute involving PG&E Corp’s $42 billion...
In this Tuesday, Aug. 22, 2017, photo, FedEx trucks are parked in New York. FedEx is dropping a contract for air shipment of packages for Amazon within the United States, reducing its ties with the online retail giant that is already expanding its own delivery business. FedEx said Friday, June 7, 2019, that it will not renew the contract for domestic FedEx Express handling of Amazon shipments when the deal expires June 30. (AP Photo/Mark Lennihan, File)

FedEx to Cease Air Shipments of Packages for Amazon

FedEx is dropping a contract for air shipment of packages for Amazon within the United States, reducing its ties with the online retail giant...