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Thursday, January 28, 2016
Insurer AIG is selling its broker-dealer segment, starting an initial public offering for its mortgage-insurance division and slashing expenses after coming under pressure from activist investor Carl Icahn.
1st China Airlines A350 being prepared at French plant
The first China Airlines (CAL) A350 passenger jet will begin its final assembly at the Airbus plant in Toulouse. Delivery is scheduled for the third quarter of this year. The A350 is the most advanced Airbus passenger jet.
Wednesday, January 27, 2016
Ford is recalling nearly 391,000 Ranger pickups because the driver's air bag inflators can explode with too much force and cause injuries.
LG Electronics posts Q4 losses, smartphone business struggling
LG Electronics reported an unexpected loss in the final quarter of 2015 as its smartphone business struggled.
Johnson Controls and Tyco will combine as the unprecedented pace of buyouts and mergers from last year rolls over into 2016.
The way oil giant Exxon Mobil sees it, the global energy landscape won't be radically different in 2040 than it is today.
Lawmakers reschedule hearing to question Martin Shkreli
U.S. House of Representatives lawmakers have rescheduled a hearing to question former pharmaceutical CEO Martin Shkreli, reviled for hiking the price of a lifesaving drug, due to the weekend blizzard that has paralyzed travel on the U.S. east coast.
DuPont Co. (DD) on Tuesday reported a fourth-quarter loss of US$253 million, after reporting a profit in the same period a year earlier.
Hyundai Motor Co. reported its lowest annual profit in five years after a failure to fully anticipate strong demand for sports utility vehicles in China led to a sales drop in the world's largest auto market.
Siemens AG, maker of trains, power turbines and medical machines, says net profit rose 42 percent in the company's most recent quarter compared with a year earlier.
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