The U.S. Senate Commerce Committee on Wednesday voted unanimously to approve a bill to reform how the Federal Aviation Administration (FAA) certifies new airplanes after two deadly Boeing 737 MAX crashes killed 346 people and raised questions about U.S. regulators' oversight.
(This clarifies in paragraph six it a media control unit, not memory control unit in November 16 story.)
Boeing Co won approval on Wednesday from the U.S. Federal Aviation Administration to fly its 737 MAX jet again after two fatal crashes that triggered two years of regulatory scrutiny and corporate upheaval.
The U.S. House of Representatives unanimously approved legislation on Tuesday to reform the Federal Aviation Administration’s aircraft certification process after two fatal Boeing 737 MAX crashes killed 346 people.
Any final exit by Britain from the European Union that worsens business conditions through increased tariffs would threaten the sustainability of Nissan Motor Co's UK operations, the Japanese car maker's chief operating officer cautioned.
General Motors Co will roll out details of an expanded and accelerated electric vehicle strategy on Thursday in an effort to convince investors it can be a serious competitor to Tesla Inc, people familiar with the plans said.
The United States on Wednesday decided to allow Boeing Co's troubled 737 MAX plane to resume U.S. deliveries and commercial flights by the end of the year, lifting a March 2019 ban following two deadly crashes.
U.S. Federal Aviation Administration (FAA) chief Steve Dickson is "100% confident" in the safety of the Boeing 737 MAX but says the airplane maker has more to do as it works to improve its safety culture.
Bugatti President Stephan Winkelmann will also become head of luxury brand Automobili Lamborghini, taking on a double role from December, parent group Audi said on Wednesday.
The French government will continue to support airline company Air France-KLM if necessary, government spokesman Gabriel Attal said on Wednesday.
Jim Kirsh initially thought his family-owned foundry in southeastern Wisconsin might stay busy during the pandemic.
Electric vehicles (EVs), benefiting globally from a push for tighter emissions controls, are facing challenges after a global string of fires from overheating batteries.
Hyundai Motor Co is being sued over a string of battery fires in its electric vehicles (EVs), just as General Motors Co recalls nearly 70,000 EVs with batteries from the same maker, LG Chem Ltd .
Airlines are scrambling to prepare ultra-cold shipping and storage facilities to transport COVID-19 vaccines developed by Pfizer and Moderna, whose doses, which require deep freezing, are likely to be among the first to be distributed.
A judge in Detroit on Tuesday dismissed a portion of a criminal case against a Fiat Chrysler senior manager who was charged as part of the government's probe into cheating on diesel emissions tests by the automaker.
Volkswagen on Wednesday said the German government's 3 billion euro ($3.57 billion) scheme to support low-emission cars sent a strong signal Berlin would help lift the country's key export industry out of the coronavirus and climate crises.
General Motors Co has issued its strongest warning yet that persistent industrial unrest could drive it out of South Korea, just two years after it received a state-backed rescue package to stay.
A group of major U.S. utilities, Tesla , Uber and others said on Tuesday they are launching a new group to lobby for national policies to boost electric vehicle sales.
Love it or hate it, a much broader universe of portfolio managers will soon have to take a stance on Tesla's stock, which surged 8% on Tuesday following the announcement that it will join the S&P 500.