The Justice Department said Boeing is subject to prosecution, but the government is determining how it will proceed in this matter.
Read More US says Boeing breached 2021 737 MAX criminal prosecution dealCategory: Business
Major airlines sue Biden administration over fee disclosure rule
A new rule requiring upfront disclosure of airline fees is the latest clash between air carriers and the Biden administration.
Read More Major airlines sue Biden administration over fee disclosure ruleUS agency opens probe into over 200,000 Ford vehicles on fuel leak risks
The auto safety regulator said it was opening a preliminary evaluation into Ford vehicles following complaints of diesel fuel leaks that may result in a fire.
Read More US agency opens probe into over 200,000 Ford vehicles on fuel leak risksWall St climbs after jobless claims data spurs rate-cut bets
The main U.S. stock indexes rose on Thursday and renewed hopes that the Federal Reserve will cut interest rates this year.
Read More Wall St climbs after jobless claims data spurs rate-cut betsUS wholesale inventories drop by unrevised 0.4% in March
U.S. wholesale inventories fell, confirming that inventory investment was a drag on economic growth in the first quarter.
Read More US wholesale inventories drop by unrevised 0.4% in MarchDisney’s surprise streaming entertainment profit offset by weaker TV business
Disney’s surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.
Read More Disney’s surprise streaming entertainment profit offset by weaker TV business