WASHINGTON/PARIS - Ford Motor replaced Chief Executive Officer Mark Fields with James Hackett, the head of the unit developing self-driving cars, in response to investors' growing unease over the U.S. carmaker's stock performance and prospects.
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Wall Street extends gains as defense, tech stocks rise
Wall Street extended gains in early afternoon trading on Monday, boosted by technology shares and as defense companies rose after the United States and Saudi Arabia signed a multi-billion dollar arms deal.
Billy Bush on Trump tape: didn't have "strength" to change topic
Former NBC "Today" show host Billy Bush wishes he had changed the subject during a taped conversation with Donald Trump, in which the Apprentice star bragged about grabbing women by the genitals, Bush said in an interview with the entertainment magazine, The Hollywood Reporter.
Turkey says summons U.S. envoy over Washington street brawl
Turkey summoned the U.S ambassador to Ankara on Monday to protest the treatment of Turkish security officials in the United States during a visit by President Tayyip Erdogan last week, the foreign ministry said.
Exclusive: Trump EPA transition chief laments slow progress in killing green rules
The man who led President Donald Trump's transition team for the U.S. Environmental Protection Agency, Myron Ebell, told a conservative conference last month that the new administration is moving too slowly to unravel climate change regulations.
Rattled UK PM May forced into 'dementia tax' U-turn after poll lead halves
British Prime Minister Theresa May was forced to publicly backtrack on one of her most striking election pledges on Monday after plans to force elderly people to pay more for their social care halved her party's opinion poll lead in just a few days.
U.S. top court tightens patent suit rules in blow to 'patent trolls'
The U.S. Supreme Court on Monday tightened rules for where patent lawsuits can be filed in a decision that may make it harder for so-called patent "trolls" to launch sometimes dodgy patent cases in friendly courts, a major irritant for high-tech giants like Apple and Alphabet Inc's Google.
Exp: May 17
Exp: May 17
Exp: May 17
Puerto Rico's federal oversight board has sought bankruptcy protection for the island's highway authority and largest public pension, making them the latest commonwealth entities to turn to a court to work out debt.