Author: Reuters Econ

The National Transportation Safety Board on Thursday urged the Federal Aviation Administration to require airlines to inspect latches on Boeing 757 airplane doors after a 2023 emergency evacuation of a FedEx flight in Tennessee, and to replace them if needed.

Boeing is in discussions with the U.S. Department of Justice to reach a revised plea agreement in a criminal fraud case stemming from the planemaker’s alleged misrepresentations to regulators about a key system on the 737 MAX, company CEO Kelly Ortberg said on Wednesday.

Movie theater owners are making a new push to keep films in cinemas for a longer period before they are available for audiences to watch at home.

Lockheed Martin on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM).

Europe wants to cooperate with the United States but the EU is ready to respond as one if Washington leaves it no choice by imposing tariffs on steel and aluminium, German Chancellor Olaf Scholz said on Sunday.

Chinese state media on Saturday criticised Hong Kong conglomerate CK Hutchison’s plan to sell its ports near the Panama Canal to a BlackRock-led group, a day after China’s market regulator launched a probe into the deal.

The head of the Federal Communications Commission on Friday said he is opening an investigation into the diversity practices of Walt Disney and its ABC unit, saying they may violate U.S. equal employment opportunity regulations.

Coca-Cola Argentina and bottlers will invest more than $1.4 billion in the South American country to boost production, improve logistics, and optimize infrastructure, the company said in a statement on Thursday.

PAI Partners and Bain Capital are among the buyout firms considering bidding for Nestle’s water business, which could be valued at about 5 billion euros ($5.38 billion) or more in a deal, Bloomberg News reported on Wednesday.

AT&T is in talks to acquire Lumen Technologies’ consumer fiber operations, Bloomberg News reported on Tuesday, according to people with knowledge of the matter.