Red flags emerge as Americans' debt load hits another record
Some red flags emerged for the U.S. economy late last year as credit card inquiries fell, student-loan delinquencies remained high and riskier borrowers drove home automobiles, according to a report that could signal a downturn is on the horizon.
Amazon, GM in talks to invest in electric pickup truck maker Rivian: sources
Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter said on Tuesday.
One of the oldest U.S. refineries in trouble again in Philadelphia: court filings
Philadelphia Energy Solutions Inc, owner of the largest and oldest refinery on the U.S. East Coast, is facing another financial crisis just months after emerging from a controversial bankruptcy, according to two sources and a Reuters review of court filings.
Asian shares in tight range ahead of U.S.-China trade talks
Asian shares started the week on the backfoot on Monday as worries about global growth, U.S. politics and the ongoing Sino-U.S. tariff war kept investors cautious, while the safe-haven greenback held near a six-week top against major currencies.
Venezuela shifts oil ventures' accounts to Russian bank - document, sources
Venezuela’s state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Russia’s Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday.
Tesla's delivery team gutted in recent job cuts - sources
When Tesla Inc announced last month a second round of job cuts to rein in costs, one crucial department was particularly badly hit. The automaker more than halved the division that delivers its electric vehicles to North American customers, two of the laid-off workers said.
Apple to contribute to U.S. teen's education for spotting FaceTime bug
(Reuters) - Apple Inc on Thursday rolled out software updates to iPhones to fix a privacy issue in its FaceTime video calling service, and said it would contribute toward the education of the Arizona teenager who discovered the problem.
Airbus hit by jet cancellations as A380 shutdown looms
PARIS (Reuters) - Airbus on Thursday reported the cancellation of orders worth $4 billion, dominated by 8 A380 aircraft, highlighting an increasingly bleak picture for the world's largest airliner as preparations to close production gather pace amid weak demand.
Fiat Chrysler paid $77 million in U.S. fuel economy penalties in 2018
WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV told Reuters on Thursday it paid $77 million in U.S. civil penalties late last year for failing to meet 2016 model year fuel economy requirements, the first significant sign the industry is facing hurdles meeting rising emissions rules.
Fiat Chrysler recalls 882,000 pickup trucks for steering, pedal issues
Fiat Chrysler Automobiles NV said on Tuesday it would recall 882,000 pickup trucks worldwide in two new recalls to address steering and pedal issues.