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Industrials News

Volkswagen, U.S. Justice Department reach diesel emissions deal
Volkswagen AG and the Justice Department reached a deal in principle to address excess diesel emissions in nearly 600,000 polluting vehicles that will include buyback offers and a possible fix, a federal judge said Thursday.
Posted on 4-21-2016 at 3:15 PM
GM earnings beat estimates on strength in North America
General Motors Co on Thursday reported higher-than-expected quarterly earnings, citing strong results in North America and an improved performance in Europe.
Posted on 4-21-2016 at 9:00 AM
Ottawa says Bombardier talks focus on research, jobs, headquarters
Canada will not give struggling aircraft maker Bombardier Inc federal aid without assurances on jobs, investment in research and the location of the company's headquarters, a senior government official told Reuters on Wednesday.
Posted on 4-21-2016 at 7:48 AM
United names former Air Canada chief Robert Milton as chairman
United Continental Holdings Inc said on Wednesday it had added two new board members in a settlement with activist investors, averting a long fight over governance at the No.3 U.S. airline by traffic.
Posted on 4-20-2016 at 10:55 AM
CP’s CEO: U.S. politicians foiled our M&A plan because we’re Canadian
CP Rail’s CEO isn’t mincing words on what doomed his bid to buy Norfolk Southern. Speaking this morning with BNN, Hunter Harrison opened up on the political fireworks that were sparked by his takeover campaign in the U.S.
Posted on 4-21-2016 at 12:34 AM
Mitsubishi says it manipulated fuel economy tests, shares fall
Mitsubishi Motors Corp said it falsified fuel economy test data to make emissions levels look more favourable, and its shares slumped more than 15 per cent, wiping $1.2-billion from its market value on Wednesday.
Posted on 4-20-2016 at 7:48 AM
Bombardier, Ottawa at odds over bailout conditions: Report
Bombardier Inc. and the federal government remain at loggerheads over a potential public investment in the plane maker with a deal far from certain, a person familiar with the talks told The Globe and Mail.
Posted on 4-15-2016 at 2:20 PM
Delta Air profit tops expectations
Delta Air Lines Inc on Thursday reported a first-quarter profit above analysts' estimates and indicated it could cut flight capacity in the fall if necessary to stop a months-long decline in unit revenue.
Posted on 4-14-2016 at 10:24 AM

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