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Hyundai Motor hires former GM researcher to lead self-driving car center

February 13, 2017 by · Leave a Comment 

Hyundai Motor Group has hired a former General Motors researcher to oversee its center to develop fully autonomous vehicles, joining other automakers and Silicon Valley giants in accelerating efforts on the fast-growing technology. Lee Jin-woo, 47, who has previously led autonomous driving …

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Hyundai Motor hires former GM researcher to lead self-driving car center

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Auto CEOs want Trump to order review of 2025 fuel rules

February 13, 2017 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – The chief executives of 18 major automakers and their U.S. units urged President Donald Trump to revisit a decision by the Obama administration to lock in vehicle fuel efficiency rules through 2025. In a letter sent late Friday and viewed by Reuters, the chief executives of General Motors Co , Ford Motor Co, Fiat Chrysler Automobiles NV, along with the top North American executives at Toyota Motor Corp…

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Auto CEOs want Trump to order review of 2025 fuel rules

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Trump to meet with airline CEOs on Thursday: White House

February 4, 2017 by · Leave a Comment 

U.S. President Donald Trump will meet with the chief executive officers of airlines on Thursday, the White House said, another in a series of meetings the new president has had with business leaders. The White House statement on Friday did not say who would attend the breakfast and “listening session….

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Trump to meet with airline CEOs on Thursday: White House

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U.S. job growth accelerates in January, but wages lag

February 4, 2017 by · Leave a Comment 

U.S. job growth surged more than expected in January as construction firms and retailers ramped up hiring, but wages barely rose, handing the Trump administration both a head start and a challenge as

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U.S. job growth accelerates in January, but wages lag

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U.S. airline, travel agency shares nosedive amid immigration ban turmoil

February 1, 2017 by · Leave a Comment 

U.S. airline and online booking agency shares slumped for the second consecutive day on Tuesday, and some industry executives have begun speaking out against the Trump administration's ban on travel from seven majority

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U.S. airline, travel agency shares nosedive amid immigration ban turmoil

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Trump pushes drugmakers for lower prices, more U.S. production

February 1, 2017 by · Leave a Comment 

WASHINGTON/LOS ANGELES (Reuters) – U.S. President Donald Trump in a meeting on Tuesday with pharmaceutical executives called on them to manufacture more of their drugs in the United States and cut prices, while vowing to speed approval …

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Trump pushes drugmakers for lower prices, more U.S. production

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Samsung chief questioned behind closed doors in arrest warrant hearing

January 18, 2017 by · Leave a Comment 

A South Korean judge questioned Samsung Group leader Jay Y. Lee behind closed doors on Wednesday to decide whether he should be arrested over his alleged role in a corruption scandal that led parliament to impeach President Park Geun-hye. Lee, 48, in dark overcoat and purple necktie, did …

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Samsung chief questioned behind closed doors in arrest warrant hearing

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Brainard joins Fed chorus warning about fiscal stimulus risks

January 18, 2017 by · Leave a Comment 

A leading Federal Reserve proponent of low interest rates said on Tuesday the U.S. central bank might hike rates more aggressively if deficit spending under the Trump administration produced a quick economic boost. “If fiscal policy changes lead to a more rapid elimination of slack, policy adjustment would, all else being equal, likely be more rapid,” Fed Governor Lael Brainard said at an event…

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Brainard joins Fed chorus warning about fiscal stimulus risks

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Trump’s Commerce pick Wilbur Ross is no stranger to protectionism

January 10, 2017 by · Leave a Comment 

By Roberta Rampton and David Lawder WASHINGTON (Reuters) – When billionaire investor Wilbur Ross salvaged two North Carolina textile mills from bankruptcy in 2003 and 2004, one of the first things he did was head to Washington to immerse himself in trade law and policy. China's accession to the World Trade …

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Trump’s Commerce pick Wilbur Ross is no stranger to protectionism

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Lockheed CEO tells Trump she will work to drive down cost of F-35

December 24, 2016 by · Leave a Comment 

(Reuters) – The chief executive of Lockheed Martin Corp told President-elect Donald Trump on Friday that she was committed to driving down the cost of the company's F-35 fighter jet, a day after Trump took aim at the cost of the F-35 in a Twitter post…

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Lockheed CEO tells Trump she will work to drive down cost of F-35

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