Fiat Chrysler to modify 104,000 U.S. diesel vehicles Fiat Chrysler to modify 104,000 U.S. diesel vehicles:- Fiat Chrysler Automobiles NV (FCHA.MI) plans to update software that it expects will resolve the concerns of U.S. regulators about excess emissions in 104,000 older diesels, the Italian-American automaker said on Friday. The company […]
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U.S. regulators open probe into recall of nearly 1.7 million Hyundai, Kia models U.S. safety regulators have opened a formal investigation into the recall of nearly 1.7 million Hyundai Motor Co (005380.KS) and affiliate Kia Motor Corp (000270.KS) U.S. vehicles for engine problems, according to filings. After a Korean whistleblower […]
Trump to offer exclusive contract to service U.S. student loans President Donald Trump's administration will soon offer an exclusive contract that will give one company the right to service billions of dollars of outstanding federal student loans now handled by four companies, officials said on Friday. The U.S. Education Department, […]
U.S. tax cut hopes sent state collections down in April U.S. states collected less personal income tax revenue in April than they did a year earlier, a Reuters analysis shows, and analysts said they believed high earners were shifting income to next year, hoping for tax cuts from the federal […]
About 37,000 AT&T workers go on three-day strike About 37,000 AT&T Inc (T.N) workers, or less than 14 percent of the company's total workforce, began a three-day strike on Friday after failing to reach an agreement with the No. 2 U.S. wireless carrier over new contracts. This is the first […]
Softer dollar may be stock silver lining amid Washington drama With S&P 500 companies set to notch their strongest quarterly earnings growth in about six years, a weaker U.S. dollar may help keep the profit momentum rolling and support share prices in the weeks to come. After a dramatic week […]
Trump administration starts countdown to NAFTA talks in mid-August The Trump administration on Thursday set the clock ticking toward a mid-August start of renegotiations of the North American Free Trade Agreement with Canada and Mexico to try to win better terms for U.S. workers and manufacturers. With a letter to […]
U.S. preparing to sue Fiat Chrysler over excess diesel emissions The U.S. Justice Department plans to file a civil lawsuit against Fiat Chrysler Automobiles NV (FCHA.MI) over excess diesel emissions as early as this week if no agreement is reached with the Italian-American automaker, two sources briefed on the matter […]
Trump Trade turns to trepidation as investors unwind Investors were shelving rosy hopes for U.S. tax reform and rethinking strategies premised on Donald Trump's economic growth promises on Wednesday, as the President faced his loudest criticism yet over possible collusion between his election campaign and Russia. From stocks to bonds to […]
EU fines Facebook 110 million euros over WhatsApp deal European Union antitrust regulators fined Facebook (FB.O) 110 million euros ($122 million) on Thursday for giving misleading information during a vetting of its deal to acquire messaging service WhatsApp in 2014. Calling it a "proportionate and deterrent fine", the European Commission, […]
