The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it was upgrading a probe into nearly 159,000 Tesla Model S and Model X vehicles over touchscreen failures to an engineering analysis.
President-elect Joe Biden on Monday said business and labor leaders had signaled willingness to cooperate to fix the pandemic-battered U.S. economy but stressed the coronavirus first must be brought under control and urged Congress to pass relief legislation.
Gregg Lemkau, the co-head of investment banking at Goldman Sachs Group Inc , is set to retire and will be replaced by company veteran Jim Esposito, according to an internal memo sent on Monday that was seen by Reuters.
A key witness involved in the arrest of Huawei Chief Financial Officer Meng Wanzhou two years ago has decided not to testify in the Canadian court as part of Meng's ongoing witness cross-examination, the court heard on Monday.
Social media giant Twitter Inc, under increased threat of regulation and plagued by serious security breaches, is appointing one of the world's best-regarded hackers to tackle everything from engineering missteps to misinformation.
The U.S. House of Representatives is set to vote on Tuesday on bipartisan legislation to reform the Federal Aviation Administration's (FAA) aircraft certification process after two fatal Boeing 737 MAX crashes killed 346 people.
Wall Street stocks advanced on Monday, setting the S&P 500 and the Dow on course for all-time closing highs as news of another promising coronavirus vaccine bolstered hopes of eradicating the disease, while spiking infections and new shutdowns threaten to hobble a recovery from the pandemic recession.
A gauge of global stocks climbed to a record and oil prices jumped on Monday as the latest positive data for a possible COVID-19 vaccine and signs of economic recovery in Asia boosted sentiment.
Moderna Inc's experimental vaccine is 94.5% effective in preventing COVID-19 based on interim data from a late-stage trial, the company said on Monday, becoming the second U.S. drugmaker to report results that far exceed expectations.
Moderna said on Monday its experimental vaccine was 94.5% effective in preventing COVID-19 based on interim data from a late-stage clinical trial, becoming the second U.S. company to report results that far exceed expectations. Ciara Lee reports
Korean Air Lines is set to become the biggest shareholder at local rival Asiana, with the two hoping that a tie-up can help them weather this year's slump in demand. Julian Satterthwaite reports.
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