Airlines with buyers' remorse may use Boeing 737 MAX ban to revise orders
The grounding of Boeing’s global 737 MAX fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it has given some carriers a welcome opportunity to re-evaluate orders for the plane.
Apple infringed three Qualcomm patents, jury finds
Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents.
U.S. regulators want public's view on cars with no steering wheel, brakes
U.S. regulators will ask the public if robotic cars should be allowed on streets without steering wheels or brake pedals as they try to set the first legal boundaries for their design in the world’s second largest vehicle market.
NHTSA probing two fatal Tesla crashes in Florida since Sunday: agency
(Reuters) - The National Highway Traffic Safety Administration (NHTSA) said it is investigating a fatal Tesla Inc Model S crash in Davie, Florida last Sunday that killed the driver and resulted in a massive vehicle fire, the second fatal crash this week the agency is probing.
Apple holders vote down proposal to disclose ideology of director nominees
(Reuters) - Apple Inc shareholders on Friday defeated a shareholder proposal from a conservative group that would have required the company to disclose the "ideological perspective" of nominees for its board of directors.
German carmakers to invest 60 billion euros in electric cars and automation: VDA
(Reuters) - Germany's car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car industry association said ahead of the Geneva motor show.
Buffett appears to fault Trump, laments deals dearth in Berkshire letter
(Reuters) - Warren Buffett on Saturday appeared to fault U.S. President Donald Trump for taking too much credit for the nation's economic growth, while acknowledging that market conditions are making it tough for his Berkshire Hathaway Inc to find more big companies to buy.
Southwest CEO says mechanics deserve new contract, but company wants 'flexibility'
(Reuters) - Southwest Airlines Co's mechanics, who have been in labor contract talks for more than six years, deserve a new deal that makes them among the best paid in the airline industry, but the low-cost U.S. carrier needs "more supplier flexibility" in return, the company's chief executive said.
In a shift, Buffett says focus on Berkshire's stock price
(Reuters) - Warren Buffett has long told investors in his Berkshire Hathaway Inc they should not pay so much attention to what its stock price is doing.
Wall Street rises modestly on Walmart bump
(Reuters) - U.S. stocks gained ground on Tuesday as upbeat results from Walmart boosted investor sentiment and high-level U.S.-China trade talks resumed in Washington.