[ad_1] INDIANAPOLIS/NEW YORK (Reuters) – The U.S. economy is in good shape after three interest-rate cuts this year, two U.S. central bankers said on Wednesday, underscoring the consensus at the Federal Reserve for keeping borrowing
French designs on dominance of Peugeot-Fiat rest on Tavares
[ad_1] PARIS/MILAN (Reuters) – Billed as a merger of equals, PSA’s $50 billion tie-up with Fiat Chrysler (FCA) gives the Peugeot owner one potentially big advantage, its own boss will be firmly behind the new
Saturday before Christmas expected to be the biggest U.S. shopping day of 2019
[ad_1] WASHINGTON (Reuters) – U.S. retailers are expected to ring up record sales on Super Saturday this year, as fewer days than usual between Thanksgiving and Christmas have squeezed shoppers to finish their purchases. In
Oil steadies on U.S. crude inventories fall, demand hopes
[ad_1] NEW YORK (Reuters) – Oil prices steadied on Wednesday after U.S. government data showed a decline in crude inventories and on expectations for an uptick in demand next year on the back of progress
Boeing 737 MAX freeze divides suppliers into haves and have-nots
[ad_1] SEATTLE/PARIS (Reuters) – Boeing Co’s decision to suspend aerospace’s biggest production line exposes contrasts in the U.S.-dominated 737 MAX supply chain, severely straining some niche machine shops while giving engine giants time to iron
Daimler agrees to $20 million settlement over U.S. vehicle recalls
[ad_1] FILE PHOTO: The Mercedes-Benz logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany, September 10, 2019. REUTERS/Ralph Orlowski WASHINGTON (Reuters) – Daimler AG’s Mercedes-Benz USA (DAIGn.DE) has agreed to a
Boeing 737 MAX freeze divides suppliers into haves and have-nots
[ad_1] SEATTLE/PARIS (Reuters) – Boeing Co’s (BA.N) decision to suspend aerospace’s biggest production line exposes contrasts in the U.S.-dominated 737 MAX supply chain, severely straining some niche machine shops while giving engine giants time to
Long road ahead as Fiat Chrysler, Peugeot agree $50 billion merger
[ad_1] PARIS/MILAN (Reuters) – Fiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world’s fourth biggest carmaker, and now face the challenge of winning over regulators and delivering on a
Timeline: Fiat Chrysler and Peugeot merger marks next round of consolidation
[ad_1] (Reuters) – Fiat Chrysler (FCHA.MI) and Peugeot maker PSA (PEUP.PA) on Wednesday reached a binding agreement for their roughly $50 billion merger, as the auto industry scrambles to develop zero-emissions vehicles and tackle slowing
Special Report: FDA targets e-cigs that hook teens but don’t help smokers quit
[ad_1] (Reuters) – E-cigarette makers face an existential threat. By May, they must submit applications to the U.S. Food and Drug Administration proving that their products provide a net benefit to public health. If a