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WASHINGTON (AP) — A gear crack that led to a fatal crash of a V-22 Osprey last year may have been started by weak spots in a metal used to manufacture that part, according to documents obtained by The Associated Press.
A Boeing safety executive told a federal safety hearing on Tuesday that the company is working on design changes to avoid a repeat of the near catastrophic blowout of a door plug from a practically new 737 Max 9 at the start of the year.
Seven out of 10 manufacturing businesses in South Korea said they have been affected by or expect negative impacts from China’s dumping of its stockpiled products, a survey showed on Tuesday, warning that this trend may persist for the long term.
WASHINGTON (Reuters) -- The U.S. Commerce Department said on Tuesday it plans to award SK Hynix up to $450 million in grants to help fund an advanced packaging plant plus a research and development facility for artificial intelligence products in Indiana.
U.S. crude oil futures fell to a six-month low on Monday as equity markets sold off on fears the economy might be teetering on the brink of a recession.
OSAKA -- Japanese drugmaker Shionogi announced on Monday that Chinese authorities have accepted its application filing to manufacture and sell Cefiderocol, used to treat antimicrobial-resistant infections for which existing antibiotics are ineffective.
Intel shares plunged the most in 50 years on Friday, reaching a price not seen since 2013, after the chipmaker reported a big earnings miss and announced a massive restructuring.
Vietnamese President To Lam was named to the nation’s top position, general secretary of the Communist Party of Vietnam, on Saturday, replacing Nguyen Phu Trong, who died two weeks ago.