 | | | | 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. | | | | | | Ford Motor Co on Wednesday posted a lower operating fourth-quarter profit as losses in every global region except North America weighed on results. | | | | | | Procter & Gamble Co raised its sales forecast for the year on Wednesday after quarterly results topped Wall Street expectations, boosted by price hikes and strong demand for premium fabric and skin care products. | | | | | | Wall Street ended slightly higher on Wednesday after a spate of upbeat earnings reports, but lingering concerns about trade tensions and the longest U.S. government shutdown ever limited the advance. | | | | | | The MSCI global stock index ended Wednesday's choppy trading session with a small gain as worries over U.S. politics, global economic growth and trade tensions were countered by a boost from quarterly earnings reports. | | | | | | 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. | | | | | | Verizon Communications Inc is cutting about 7 percent, or about 800 jobs, at its media unit, it said on Wednesday. | | | | | | Lawyers representing owners of Fiat Chrysler diesel vehicles told a U.S. judge they are seeking up to $106.5 million in legal fees and out-of-pocket costs in connection with a settlement over excess vehicle emissions, but they are in talks to finalize the amount, officials said Wednesday. | | | | | | Facebook Inc will make changes to better prevent users who have had their organization's pages removed for violating its rules from using duplicate pages to continue the same activity, it said on Wednesday. | | | | | | A corner of the market for initial public offerings is evading the freeze on stock market flotations inflicted by the U.S. government shutdown, putting the spotlight on listings that usually stay under most investors' radar. | | | | | | 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. | | | | | |
