The FTC, which oversees merger reviews along with the Justice Department, has 30 days to clear the proposed tie-up or issue a second request, seeking more information and a longer review period....More
While some jobs are lost to trade, the answer is to retrain those workers with support from the government and companies -- not to trade less or end free-agreements, said Carla Hills, who led negotiations for President George H. W. Bush....More
U.S. government said a "safety-related defect trend has not been identified" with regard to death of Joshua Brown who was killed in May when his all-electric Tesla Model S sedan crashed into the side of a semitrailer that was crossing a Florida highway....More
Martin Winterkorn apologized during his first public appearance since September 2015, saying he was deeply upset about disappointing VW customers, and claimed he had no early knowledge of the emissions scandal....More
In a visit to Washington, Paulo Cesar de Souza e Silva, president and CEO of Brazilian aircraft builder Embraer, sat down for a roundtable with editors from Aviation Week & Space Technology and sister publication ATW. Following are his remarks about the company’s commercial aircraft unit and ambitions to expand its aftermarket business....More
"Sometimes opportunities come to us from multinational customers with teams of innovation experts, while other times it comes from two people and the craft beer they started making in their garage."...More
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