Spirit Workers Vote to End Strike at Boeing Max Supplier
Spirit AeroSystems Holdings Inc. workers approved a new labor contract, ending a six-day strike that threatened to disrupt output at planemakers Boeing Co. and Airbus SE.
Spirit AeroSystems Holdings Inc. workers approved a new labor contract, ending a six-day strike that threatened to disrupt output at planemakers Boeing Co. and Airbus SE.
The US Federal Trade Commission’s chances of holding up Microsoft Corp.’s $69 billion bid to buy Activision Blizzard Inc. appeared uncertain after a federal judge challenged the agency’s argument that the proposed transaction would hurt gamers.
Nike Inc. fell the most in the Dow Jones Industrial Average after the athletic-gear maker’s outlook for the full year failed to win over Wall Street.
Bawag Group AG slumped the most in three years after activist investor Petrus Advisers disclosed a short position in the Austrian lender and raised questions about its deposit base, US real estate exposure and loans to management.
When word reached the Explorers Club that the Titan submersible had gone missing — with two of its members on board — the venerable New York City institution kicked into action.
The personal consumption expenditures price index rose 0.1% in May, Commerce Department figures showed. Consumer spending, adjusted for prices, was little changed after a downwardly revised 0.2% gain in April. Mike McKee breaks down the data on “Bloomberg Surveillance.”
Glencore Plc is in advanced talks about backing a lithium project in Argentina being developed by French miner Eramet SA, in return for future supplies of the key battery ingredient.
Euro-area core inflation re-accelerated in June, a setback for the European Central Bank that may reinforce its determination to raise interest rates next month.
The Federal Reserve’s preferred measures of US inflation cooled in May and consumer spending stagnated, suggesting the economy’s main engine is starting to lose some momentum.
The face of Sweden’s property crisis has sold some properties to a municipality to strengthen its financial position.