Boeing CEO Dennis Muilenburg steps down amid continued 737 Max safety concerns. FOX Business’ Grady Trimble with more. Beleaguered Boeing Co is putting its future in an industrial veteran who has led several companies in crisis, began his career at engine maker General Electric Co and has already spent a […]
Reuters Top Video News
BMW says being investigated by U.S. SEC
Straus Family Creamery founder Albert Straus discusses his company’s partnership with BMW to develop methane derived from cow waste to power sustainable motors. German automaker BMW AG said on Monday it was being investigated by the U.S. Securities and Exchange Commission following a report of a probe related to the […]
US senators ask for government investigation of tax credit program for coal
close video Fox News’ Dan Springer reports on the coal industry and mines being forced to shut down ahead of schedule. BOSTON — Three U.S. Democratic senators have asked the investigative arm of Congress to evaluate a $1 billion-a-year subsidy for burning chemically treated refined coal, after research has shown that […]
Second Credit Suisse spying probe expected to clear CEO
Six of the eight largest banks have shortcomings in its ‘living wills,’ according to the Fed and the FDIC. ZURICH, Dec 22 (Reuters) – A second probe into staff surveillance at Credit Suisse is set to clear Chief Executive Tidjane Thiam, Swiss newspaper SonntagsZeitung reported on Sunday. Continue Reading Below […]
ViacomCBS to take 49% stake in film studio Miramax for $375 million
FOX Business’ Charlie Gasparino gives his take on the CBS and Viacom merger. Media company ViacomCBS Inc said on Friday it would take a 49 percent stake in film studio Miramax, owned by Qatar’s BeIN Media Group, for $375 million. Continue Reading Below INSTAGRAM STARS BEING RESTRICTED BY NEW BRANDED CONTENT […]
Senior US lawmaker to seek testimony of Wells Fargo’s board
Odeon Capital Group’s Dick Bove on Wells Fargo naming Charles Scharf the new CEO and president. WASHINGTON — A U.S. congressional committee will ask Wells Fargo & Co’s board of directors to testify about the bank’s sales scandal next year, a senior Democrat told Reuters on Thursday. Continue Reading Below Lawmakers […]
Adidas and Beyoncé to launch gender-neutral clothing collection
AP released its list of best albums of the decade which includes Beyonce’s BERLIN (Reuters) – Adidas will start selling a new collection designed with singer Beyonce on Jan. 18 in a relaunch of her Ivy Park brand that includes shoes, clothes and accessories, mostly in maroon, orange and cream. […]
China cuts America a break on tariffs after phase one deal
President Trump talks about trade, China and farmers at a ‘Keep America Great’ rally in Battle Creek, Michigan, on Wednesday night. BEIJING (Reuters) – China on Thursday unveiled a new list of tariff exemptions for imports from the United States, days after the world’s two largest economies announced a Phase […]
Wall Street holiday parties drop booze for bootcamps, smoothies
Trump Organization executive Eric Trump gives FOX Business’ Stuart Varney an exclusive tour of Trump Tower. NEW YORK (Reuters) – Fruit smoothies may become the new martini for Wall Street holiday parties. Continue Reading Below Banking and trading firm BTIG LLC, for example, cut alcohol from its annual employee celebration […]
CVS sued by U.S. for fraudulent Medicare billing
While Democratic presidential candidates argue for ‘Medicare-for-all’ plans, David Cordani, president and CEO of Cigna Corporation, one of the largest health insurers in the U.S., believes the future of health care should focus on treating the whole person with the help of micro communities. NEW YORK — CVS Health Corp and its […]