Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world's largest planemaker bids to revolutionize urban transportation and parcel delivery services.
Tesla Inc said on Wednesday it is reducing production hours for higher-priced Model S and Model X cars, just days after saying it would cut jobs as the electric carmaker looks to make more affordable versions of the Model 3 sedan.
Amazon.com Inc spent $14.19 million on lobbying the U.S. government in 2018, according to a regulatory filing, beating its year-ago record, as large U.S. technology companies pushed back on issues such as privacy, immigration and new tariffs.
Ford Motor Co on Wednesday posted a lower operating fourth-quarter profit as losses in every global region except North America weighed on results.
Renault's board will meet on Thursday to replace Chairman and Chief Executive Carlos Ghosn, in a move that could help ease tensions with alliance partner Nissan following Ghosn's arrest in Japan for alleged financial misconduct.
Boeing Co has warned that a prolonged U.S. government shutdown could hurt its business as well as the broader aviation industry, CNBC reported on Wednesday, citing an emailed statement from the plane-maker.
A top executive from Huawei Technologies Co Ltd [HWT.UL] being held in Canada can make "strong arguments" against extradition to the United States, in part due to President Donald Trump's politicization of the case, Canada's ambassador to China said.
China's Huawei Technologies Co Ltd can still bid for sensitive contracts in Britain, the Daily Telegraph reported.
Texas Instruments Inc , Xilinx Inc and Lam Research Corp posted quarterly results on Wednesday that reassured investors concerned about U.S.-China trade tensions, sparking a microchip industry stock rally after hours.
Verizon Communications Inc is cutting about 7 percent, or about 800 jobs, at its media unit, it said on Wednesday.