Siemens to support Australian coal project despite protests

German engineering group Siemens said it would fulfil its contractual obligations to a controversial coal mining project in Australia's outback, attracting criticism from environmental groups on Monday. from Reuters: Money Ne...

Boeing suppliers Hexcel and Woodward to merge in $6.4 billion deal

Hexcel Corp , a composites technology company, and aircraft and industrial parts maker Woodward Inc said on Sunday they would combine in an all-stock merger of equals to create an integrated systems provider for the aerospace and industrial sectors. from Reuters: Money...

Global automakers cautious about China's market at start of new decade

Global automakers are cautious about their prospective sales in China's vehicle market this year, the world's biggest, as pressures such as slowing economic growth and trade frictions look set to continue. from Reuters: Money Ne...

WarnerMedia's CNN to pay $76 million to settle dispute with Team Video Services

WarnerMedia's news channel CNN, owned by AT&T Inc , on Friday agreed to pay $76 million (58.2 million pounds) in backpay to settle a long-standing dispute over the termination of a contract with camera operators Team Video Services (TVS). from Reuters: Money N...

Uber stops upfront ride pricing in response to California worker law

Uber Technologies Inc on Wednesday informed its California customers that it would switch to providing estimates as opposed to fixed prices for its rides in response to a new law that makes it harder to qualify its drivers as contractors. from Reuters: Money Ne...

Tesla's market value zooms past that of GM and Ford - combined

For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co . from Reuters: Money Ne...