Trial opens in Justice Department bid to force Assa Abloy to scrap deal
WASHINGTON (Reuters) – Lawyers for the U.S. Justice Department and Assa Abloy, the world’s biggest lockmaker, began arguments Monday in…
Business
Daimler Truck Q1 operating profit beats estimate
FRANKFURT (Reuters) – Daimler Truck on Monday said its first-quarter results came in above market expectations, boosted by what it…
Business fights back as Republican state lawmakers push anti-ESG agenda
By Ross Kerber (Reuters) – U.S. political battles over corporate sustainability are turning hotter this spring as aggressive Republican statehouse…
How the U.S. Clean Air Act lets closed coal plants keep polluting for years
By Tim McLaughlin (Reuters) – Hatfield’s Ferry Power Station, a Pennsylvania coal-fired power plant, stopped producing electricity in 2013. Its…
Biden EPA to issue power plant rules that lean on carbon capture
By Valerie Volcovici WASHINGTON (Reuters) – The U.S. government may soon require natural gas-fired power plants to install technology to…
Boeing investors seek answers after latest 737 production glitch
By Valerie Insinna WASHINGTON (Reuters) – Boeing Co is expected to reveal whether the latest 737 MAX manufacturing problem will…
Textron wins $279 million verdict in US patent case against Chinese drone maker DJI
By Blake Brittain (Reuters) -U.S. aerospace company Textron Inc won a $279 million verdict on Friday against Chinese drone maker…
Ex Barclays banker says faced racial hostility after whistleblowing
By Kirstin Ridley LONDON (Reuters) – A former Barclays banker alleges he was undermined, harassed and denied appropriate compensation and…
Bayer confirms 2023 sales, earnings outlook
FRANKFURT (Reuters) – German pharmaceuticals and agriculture group Bayer on Monday confirmed its 2023 sales and earnings guidance and reiterated…
Goldman Sachs lifts UniCredit stake to 7.6%
MILAN (Reuters) – Goldman Sachs had raised a stake in Italian bank UniCredit it built mostly through various financial derivative…