The modest EV manufacturer Faraday Future, co-founder Nick Sampson, resigns

(Reuters) – Co-founder of Faraday Future, Nick Sampson, has resigned his post with the Chinese electric vehicle developer. This was the latest blow for the troubled company that experienced "extraordinary…

General Electric shows deeper regulatory investigation, restructuring

(Reuters) – General Electric Co (GENE.) has reduced its quarterly dividend to one penny a share, said it would restructure its power unit and face a deeper accounting probe as…

General Electric lowers the dividend, splits the power loss unit

FILE PHOTO: The logo of the Dow Jones Industrial Average listed company General Electric is being shown at its subsidiary GE Aviation in Santa Ana, California, USA, April 13, 2016.…

Intel's Mobileye, Volkswagen plans Israel's first autonomous vehicle service

The logo of the Israeli technology company Mobileye will be on May 15, 2018 in Jerusalem. REUTERS / Ronen Zvulun (Reuters) – Volkswagen (VOWG_p.DE) and Intel Corp (INTC.O) Mobileye plans…

US cars rise China proposes to lower the car tax

(Reuters) – Shares of US automakers rose on Monday after a report that China considered halving its car sales tax to 5 percent to support the cooling auto industry, hit…

The shareholder of Ryanair demands the dismissal of the chairman

DETAILED PHOTO: A Ryanair aircraft taxi passing two parked aircraft at Weeze airport near the German-Dutch border during a strike by Ryanair flight crews in Weeze, Germany, September 12, 2018.…

American Airlines' profit margin forecast helps equities to rise

(Reuters) – American Airlines (AAL.O) The stock rose 4 percent on Thursday after the company announced that its current-quarter profit margin would be higher than most expected on Wall Street,…

The profit of the American Airlines is halved due to higher fuel costs

(Reuters) – American Airlines (AAL.OQuarterly earnings nearly halved on Thursday, impacted by higher fuel costs and the impact of hurricane Florence, which canceled about 2,100 flights in September. An American…

Raytheon outperforms earnings estimates and increases its full-year forecast

(Reuters) – Defense Company Raytheon Co (RTN.N) outperformed third-quarter analysts on Thursday and increased their guidance for the full year, helped by the sale of rockets and cybersecurity services. The…

ConocoPhillips exceeds earnings estimates, increasing spending in 2018

(Reuters) – ConocoPhillips (COP.N) Quarterly earnings outperformed analysts' estimates on Thursday, benefiting from a rebound in the oil price, which also helped lift capital spending for 2018. Logos from ConocoPhillips…