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Fiat Chrysler cancels shifts due to strains on utility

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV said on Thursday it was canceling two additional shifts at its Warren Truck and Sterling Heights Assembly plants after CMS…

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Germany to give fighter jet order to Airbus or Boeing: sources

BERLIN (Reuters) – Germany will choose between the Eurofighter and Boeing’s F/A-18 fighter jet to replace its aging Tornado fighter jets, knocking Lockheed Martin’s F-35 out of a tender worth billions of euros, Defence Ministry sources said on Thursday. FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation…

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Fed pause sets stocks for best January on record, yields fall

NEW YORK (Reuters) – Global equity markets mostly rose on Thursday, propelled by Facebook’s upbeat earnings and the Federal Reserve’s pledge to be patient in raising borrowing costs further, while U.S. bond yields fell on indications of weaker-than-expected inflation. FILE PHOTO: The seal for the Board of Governors of the Federal Reserve…

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