Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
Nippon Steel and U.S. Steel are unlikely to convince a court to scrap President Joe Biden's decision to block their $14.9 billion merger, but their…
Outgoing US transport chief says Boeing has more to do after 737 MAX incident
The outgoing U.S. transportation secretary said on Monday that Boeing has more to do and its efforts to improve its culture are unfinished after a…
Exxon sues California AG, environmental groups over attacks on recycling efforts
Exxon Mobil filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental groups, court records show, accusing them of defaming and…
Airbus faces financial bill after end-year delivery crunch
Airbus is counting the cost of last-minute financial concessions to airlines to overcome a spate of minor quality problems after scrambling to deliver a provisional…
Microsoft to invest $3 billion in India, to expand AI and cloud capacity
Microsoft will spend $3 billion to expand its Azure cloud and artificial intelligence (AI) capacity in India, CEO Satya Nadella said on Tuesday, doubling down…
Oil services provider Flowco seeks up to $2 billion valuation in US IPO
Oilfield services provider Flowco Holdings on Tuesday said it is seeking a valuation of up to $2 billion in its initial public offering in the…
Mesa Air to sell 18 Embraer jets to United Airlines
Mesa Air Group will sell 18 Embraer aircraft to United Airlines for about $229.1 million and use the proceeds to cut debt, the regional airline…
Winston & Strawn’s Papavizas says proposed Ships Act could create U.S. shipbuilding boom - If Congress acts
The recently proposed Bi-Partisan Ships for America Act or Ships Act could lead to a major new shipbuilding mobilization in the United States, if Congress…
Mega-projects increasingly have come under criticism. But are they the disaster the critics deem or a key to the future
Transport infrastructure mega-projects invariably capture the headlines, given their monumental size, scale and cost and more so when they are announced as being ultra-innovative, even…
Over 335,000 US customers without power after winter storm
Over 335,000 homes and businesses in central and the southern U.S. were without power on Monday, data from PowerOutage.us showed, after a winter storm brought…
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