Business News

Toyota Is Recalling 3.4 Million Vehicles Worldwide

Around 2.9 million vehicles are affected in the U.S.

Boeing Delays 737 Max Return Date

​Boeing said it expects the 737 Max will return to service sometime in the middle of 2020.

Reports: Boeing Seeking Billions In Loans Amid…

According to CNBC, the company has secured around $6 billion in loans from several banks and could borrow more.

Trump's New Trade Deal Includes China's Shopping…

President Trump's newly signed trade deal with China hinges on the country's ability to buy large amounts of U.S. products.

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A US-EU Trade War Could Spell Trouble For Wine…

Proposed U.S. tariffs targeting French and European wine imports could have dire consequences for the U.S. wine industry.

Former Boeing CEO Muilenburg Exits With More Than…

​Boeing disclosed Friday that Muilenburg is contractually owed stock and pension awards worth $62.2 million.

December Marked A Decade Of Job Gains In The U.S.

The nation's unemployment rate remained steady at 3.5%.

Trump Organization Sets Deadline For Buyers…

Word of the Trump Organization possibly offloading the property in Washington D.C. started to spread in October 2019.

American Airlines Reaches Settlement With Boeing…

The airline reached an agreement with Boeing on compensation for financial damages incurred from the worldwide grounding of the 737 Max jet in 2019.

Borden Is The Latest U.S. Dairy Producer To File…

Borden is the second major dairy company to file for bankruptcy protection in recent months.

U-Haul To Stop Hiring Nicotine Users In 21 States

​The moving and storage company said it will soon implement a nicotine-free hiring policy in an effort to "[foster] a culture of wellness at U-Haul."

Minimum Wage Increases To Take Effect In Dozens…

Pay increases are set to take effect in 20 states and more than two dozen cities and counties on Jan. 1.

Report: SEC Investigating BMW Over Sales Practices

The Wall Street Journal reports the agency is looking into whether the German automaker engaged in a practice known as sales punching.

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Travis Kalanick Is Stepping Down From Uber's…

Uber said Kalanick would now focus on his "new business and philanthropic endeavors."

Facebook To Stop Using Phone Numbers To Suggest…

Facebook says it will stop using the phone numbers that users provide for two-factor authentication as part of its friend-suggestions feature.

Boeing CEO Dennis Muilenburg Has Resigned

Muilenburg faced scrutiny for how he handled the grounding of the company's 737 Max aircraft after two crashes that killed 346 people.