Industrials

Feds reject Ford and Mazda request on recalls

The National Highway Traffic Safety Administration has rejected a request from Ford and Mazda to avoid recalling about 3 million vehicles with potentially dangerous Takata air bag inflators.

Biden defense pick earns $350K on Raytheon’s board

If Austin is confirmed by the Senate, his appointment would continue a pattern among both Democratic and Republican presidents of choosing Cabinet members from the highest echelons of Corporate America.

Soaring metals prices signal bets on global economic recovery

Industrial metals are the building blocks of construction, key to making everything from houses to electric cars. Their prices are particularly sensitive to manufacturing activity in China because the country accounts for roughly half of global demand for copper and other materials.

China to impose sanctions on US arms suppliers to Taiwan

China's government said Monday it will impose sanctions on U.S. military contractors including Boeing Co.'s defense unit and Lockheed Martin Corp. for supplying weapons to rival Taiwan, stepping up a feud with Washington over security and Beijing's strategic ambitions.