Author: Reuters

WASHINGTON, March 5 – Sales of new U.S. single-family homes rose to a seven-month high in December, but November’s outsized jump was revised lower, pointing to continued weakness in the housing...

BMW could move some production of engines and its Mini model out of Britain if the country does not secure an orderly departure from the European Union, the German carmaker said on Tuesday, in the latest Brexit warning from the...

Southwest Airlines Co’s Chief Executive Gary Kelly said on Tuesday that the recent disruption caused by its mechanics union is costing the company millions of dollars a week in lost revenues and millions of dollars in...

China has suspended customs clearance for Tesla Inc’s Model 3 electric cars, citing various irregularities, including improper labeling of the vehicles, financial publication Caixin reported on...

Fiat Chrysler (FCA) is open to pursuing alliances and merger opportunities if they make sense but a sale of its luxury brand Maserati is not an option, Chief Executive Mike Manley said in Geneva on...