Industrials

Industrial conglomerate 3M Co reported a 12% drop in quarterly revenue on Tuesday as demand for its products took a hit due to the global economic slowdown caused by the coronavirus crisis.

Stretching out the development opens up fresh risks for Boeing.

The FAA issued the directive after inspectors found compromised air check valves when bringing aircraft out of storage.

The planemaker said it had agreed to pay higher interest rates on two loans that it received to help develop its A350 jet, which entered service in 2015.

The end for the program has been hanging in the air for years amid falling orders and pricing pressure.

Boeing Co 's communications chief Niel Golightly abruptly resigned on Thursday, following an employee's complaint over an article the former U.S. military pilot wrote 33 years ago arguing women should not serve in combat.

Midwestern cities have been losing residents at some of the highest rates since 2010, according to U.S. Census Bureau data.

The president and owner of 7-Sigma Inc. Kris Wyrobek says he lost trust in public officials during the riots that plagued the city.

GE looks to boost its cash reserves amid the coronavirus crisis

GE is 128 years old but the most interesting CEOs have been the last four.

 A U.S. appeals court ruled on Monday that Volkswagen AG cannot escape potential financial penalties from two counties in Florida and Utah that may amount to a "staggering" additional liability arising from the German automaker's diesel emissions scandal.

American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic.

Sales of long-lasting goods tumbled in April, as businesses cut investment in response to the global coronavirus pandemic.

Boeing also disclosed it plans "several thousand remaining layoffs" in the next few months but did not say where those would take place.