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Warren, Sanders to visit striking GM workers as dispute continues

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FILE PHOTO: General Motors assembly workers picket outside the General Motors Detroit-Hamtramck Assembly plant during the United Auto Workers (UAW) national strike in Hamtramck, Michigan, U.S., September 16, 2019. REUTERS/Rebecca Cook WASHINGTON (Reuters) – Two major Democratic presidential candidates plan to visit striking General Motors (GM.N) workers in Detroit in the coming days as a Read More

Rolls-Royce hit by further setback to fixing Boeing 787 engines

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(Reuters) – Rolls-Royce (RR.L) will take longer than expected to fix problems with its Trent 1000 engine, frustrating efforts to get Boeing (BA.N) 787s grounded by the glitch flying again and knocking the British company’s shares. FILE PHOTO: A view of one of two Rolls Royce Trent 1000 engines of the Boeing 787 Dreamliner during Read More

Rolls-Royce sees further delay in Trent 1000 engine overhaul

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(Reuters) – British engineering firm Rolls-Royce (RR.L) said on Friday it expects problems with its Trent 1000 engines to take longer to fix, with a target of fewer than 10 grounded aircraft delayed until the second quarter of 2020. FILE PHOTO: A view of one of two Rolls Royce Trent 1000 engines of the Boeing Read More

‘Alexa, send $20 to my favorite presidential candidate’

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WASHINGTON (Reuters) – Amazon (AMZN.O) said on Wednesday it will make donating to a U.S. presidential candidate as easy as turning on the lights or replenishing a household’s toilet-paper stocks, via its Alexa digital assistant. FILE PHOTO: Prompts on how to use Amazon’s Alexa personal assistant are seen alongside an Amazon Echo in an Amazon Read More

U.S. antitrust chiefs face Senate grilling on collaboration, interference

4 days ago DieselGasoil Comments Off on U.S. antitrust chiefs face Senate grilling on collaboration, interference
WASHINGTON (Reuters) – Top U.S. antitrust enforcers go before the Senate Judiciary Committee’s antitrust panel on Tuesday at a time when a little- watched series of laws designed to protect consumers from monopolies are being used to investigate Alphabet’s Google and others among the world’s most dynamic companies. FILE PHOTO: The logos of Amazon, Apple, Read More

Top U.S. antitrust regulators admit to infighting on big tech probe

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WASHINGTON (Reuters) – The top U.S. antitrust regulators admitted at a congressional hearing on Tuesday that they had wasted time arguing over who would investigate which tech company, as they take on major probes of firms like Alphabet’s Google for allegedly using their market power unfairly. FILE PHOTO: The logos of Amazon, Apple, Facebook and Read More

U.S. Senators urge FTC to scrutinize multi-billion dollar pharma mergers

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FILE PHOTO: Democratic U.S. presidential candidate Senator Amy Klobuchar speaks at the 2019 Presidential Galivants Ferry Stump Meeting in Galivants Ferry, South Carolina, U.S. September 16, 2019. REUTERS/Randall Hill (Reuters) – U.S. presidential hopeful Amy Klobuchar on Tuesday led a letter by U.S. senators that urged the Federal Trade Commission (FTC) to closely scrutinize pharma Read More

Three U.S. senators urge Amazon’s Bezos to check driver abuse

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FILE PHOTO: Jeff Bezos, founder of Amazon and Blue Origin speaks during the JFK Space Summit, celebrating the 50th anniversary of the moon landing, at the John F. Kennedy Library in Boston, Massachusetts, U.S., June 19, 2019. REUTERS/Katherine Taylor WASHINGTON (Reuters) – Three U.S. senators on Thursday said Amazon.com Inc should stop working with delivery Read More

Billionaire investor Carl Icahn to leave New York for Florida

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BOSTON (Reuters) – Billionaire investor Carl Icahn, a born New Yorker who has run his business from the city for decades, is moving his office, more than half of his staff and himself to Florida early next year, people familiar with the plan said on Thursday. FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview Read More