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Updated: 8 hours 17 min ago

Nissan panel says facts point to legal violations by ousted chairman Ghosn

Wed, 03/27/2019 - 8:49pm
An external committee reviewing governance at Nissan Motor Co said on Wednesday there were enough facts to suspect violations of laws and the private use of company funds by ousted chairman Carlos Ghosn.

Modi hails India as military space power after anti-satellite missile test

Wed, 03/27/2019 - 8:35pm
India shot down one of its own satellites in low-Earth orbit with a ground-to-space missile on Wednesday, Prime Minister Narendra Modi said, hailing his country's first test of such weaponry as a breakthrough establishing it as a military space power.

Trump requests reform plans for Fannie Mae, Freddie Mac

Wed, 03/27/2019 - 8:34pm
President Donald Trump signed a memorandum on Wednesday directing federal agencies to develop a plan to overhaul the U.S. housing finance system, the White House said.

U.S. studying India anti-satellite weapons test, warns of space debris

Wed, 03/27/2019 - 8:25pm
Acting U.S. Defense Secretary Patrick Shanahan warned any nations contemplating anti-satellite (ASAT) weapons tests like the one India carried out on Wednesday that they risk making a "mess" in space because of debris fields they can leave behind.

Bond yields spiral lower amid global growth gloom

Wed, 03/27/2019 - 7:57pm
Asian share markets were painted red on Thursday as recession concerns sent bond yields spiraling lower across the globe, overshadowing central bank attempts to calm frayed nerves.

Nissan CEO says he has not heard about possible bid for FCA

Wed, 03/27/2019 - 7:44pm
Nissan Motor Co CEO Hiroto Saikawa said on Thursday he was not aware of discussions about the possibility that its French partner Renault SA was considering a bid for Fiat Chrysler Automobiles.

Wall Street ends down as Treasury yields fall on slowdown worries

Wed, 03/27/2019 - 7:29pm
U.S. stocks eased on Wednesday as Treasury bond yields fell again and a prolonged inversion in the yield curve fanned fears of a U.S. economic slowdown.

New Jersey jury finds J&J not liable in talc cancer trial; company settles three other cases

Wed, 03/27/2019 - 7:28pm
A New Jersey jury on Wednesday cleared Johnson & Johnson of liability in a lawsuit brought by a man who said that asbestos in the company's talcum powder products caused his mesothelioma.

May's offer to quit fails to break Britain's Brexit stalemate

Wed, 03/27/2019 - 7:23pm
British Prime Minister Theresa May failed to sway hardline opponents of her European Union divorce deal on Wednesday with an offer to quit, but parliament's bid to agree an alternative fell short, leaving the Brexit process as deadlocked as ever.

Boeing rolls out software fix to defend 737 MAX franchise, awaits U.S. regulator's approval

Wed, 03/27/2019 - 7:18pm
Boeing Co on Wednesday took its most aggressive moves yet to defend its core 737 airliner franchise, saying it had developed software fixes to prevent failures of an automated flight control system that is being scrutinized after two deadly crashes in the past five months.

U.S. FAA says it has not granted initial approval for Boeing 737 MAX anti-stall upgrade

Wed, 03/27/2019 - 7:18pm
The U.S. Federal Aviation Administration said Wednesday that it has not yet granted provisional approval for Boeing Co's announced anti-stall software upgrade of 737 MAX aircraft following crashes in Indonesia and Ethiopia.

U.S. isolated at U.N. Security Council over Golan decision

Wed, 03/27/2019 - 6:58pm
The United States was isolated at the United Nations Security Council on Wednesday over President Donald Trump's decision to recognize Israel's sovereignty over the Golan Heights as the other countries on the council opposed the move.

Democrats pounce as Trump administration ratchets up attack on Obamacare

Wed, 03/27/2019 - 6:57pm
Top congressional Democrats on Tuesday attacked a legal move by the Trump administration to step up its assault on the Obamacare healthcare law, saying last November's elections showed Americans want them to protect the Affordable Care Act.

'Don't blink' on Trump tariffs, steel CEOs tell U.S. lawmakers

Wed, 03/27/2019 - 6:31pm
Chief executives from American steel producers urged lawmakers to maintain strong U.S. tariffs on the metal on Wednesday to protect their industry, as Senate efforts to rein in President Donald Trump's tariff powers gained steam.

U.S. FAA says handling aircraft approval on its own would cost $1.8 billion

Wed, 03/27/2019 - 6:15pm
It would cost $1.8 billion and take 10,000 new employees for the U.S. aviation regulator to handle all aircraft certification internally, the agency's acting chief told a Senate panel on Wednesday, facing tough questions after two Boeing 737 MAX crashes on how new planes are approved for flight.

Exclusive: Told U.S. security at risk, Chinese firm seeks to sell Grindr dating app

Wed, 03/27/2019 - 9:09am
Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter.

Nissan committee says facts point to legal violations by former chairman Ghosn

Wed, 03/27/2019 - 8:57am
An external committee reviewing governance at Nissan Motor Co said on Wednesday there were enough facts to suspect violations of laws and the private use of company funds by ousted chairman Carlos Ghosn.

India shoots down satellite in test, Modi hails arrival as space power

Wed, 03/27/2019 - 8:56am
India shot down one of its satellites in space with an anti-satellite missile on Wednesday, Prime Minister Narendra Modi said, hailing the country's first test of such technology as a major breakthrough that establishes it as a space power.

Autonomy founder Lynch was scapegoat for HP's incompetence, court told

Wed, 03/27/2019 - 8:56am
Hewlett-Packard botched its $11.1 billion acquisition of Autonomy and then tried to cover up its own mismanagement by accusing the British software company's founder Mike Lynch of fraud, a London court was told on Wednesday.

Brexit in play: parliament tries multiple choice as May's job on the line

Wed, 03/27/2019 - 8:54am
The British parliament will try to find an alternative to Theresa May's twice-defeated Brexit deal on Wednesday as the prime minister readied a last ditch effort to win over rebels in her party, possibly by giving a timetable for quitting.