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October 16, 2024
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RTX subsidiary Raytheon to pay more than $950 million to settle foreign bribery, export control fraud probes

The Raytheon Technologies headquarters building is seen at dusk in Arlington, Virginia, on Jan. 20, 2024. J. David Ake | Getty Images The Raytheon subsidiary of defense contractor RTX agreed Wednesday to pay more than $950 million to settle U.S. Department of Justice investigations into an alleged government contract fraud scheme, violations of foreign bribery […]

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September 30, 2024
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Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes

The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021. Jeff Kowalsky | Afp | Getty Images Stocks of European carmakers hemorrhaged on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings, citing broader industry challenges and difficulties in the world’s largest […]