 | | | | General Motors Co's strategy to make its luxury Cadillac marque its lead electric vehicle brand is the automaker's final opportunity to turn the unit around and make it a success, a top executive said on Monday. | | | | | | PG&E Corp , owner of the biggest U.S. power utility by customers, said on Monday it is preparing to file for Chapter 11 bankruptcy protection as soon as this month amid pressure from potentially crushing liabilities linked to California's catastrophic wildfires in 2017 and 2018. | | | | | | Bonds of PG&E Corp , owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing to file for Chapter 11 bankruptcy protection as it faces liabilities linked to wildfires in California. | | | | | | U.S. stocks declined on Monday as an unexpected drop in China's exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicks off. | | | | | | Europe's Airbus is ratcheting up pressure on suppliers like United Technologies to cut costs for its Canadian-developed A220 jetliner as it expands factory facilities to cope with anticipated demand for the former Bombardier model. | | | | | | Nissan expects alliance partner Renault's board to back its ousting of Chairman Carlos Ghosn once it sees evidence from the Japanese carmaker's investigation, Chief Executive Hiroto Saikawa said in a Monday newspaper interview. | | | | | | Auto executives gathered in Detroit on Monday called on the Trump administration and Congress to resolve trade disputes, and end the government shutdown, saying political uncertainty is costing the industry. | | | | | | One of the rare market bright spots last year, the U.S. healthcare sector remains a Wall Street darling despite a slow start to 2019. | | | | | | Citigroup Inc said it would earn $2 billion more in revenue from its lending activities this year than in 2018 as it reported better than expected fourth-quarter earnings, sending its shares more than 4 percent higher. | | | | | | Federal Aviation Administration (FAA) approval of aircraft such as Boeing's MAX and new routes like Southwest Airline Co's Hawaii launch are on hold due to the U.S. government shutdown, delaying commercial operations. | | | | | |
