QUERETARO, Mexico (Reuters) - French aero engine maker Safran expects to be producing 20,000 composite fan blades for the LEAP jet engine by 2021 at its new plant in central Mexico's Queretaro state, the company's chief executive Philippe Petitcolin said on Wednesday.
DETROIT (Reuters) - Ford Motor Co said on Wednesday that Raj Nair, its president for North America, was leaving the company immediately after an internal investigation found his behavior was "inconsistent with the company's code of conduct."
NEW YORK (Reuters) - General Electric Co has "line of sight" on the first $4 billion in asset sales under its plans for $20 billion in disposals, the company's chief financial officer said on Wednesday, while dismissing talk about selling shares to raise capital.
NEW YORK (Reuters) - U.S. stocks closed lower on Wednesday in a rocky session after the release of the minutes from the Federal Reserve's January meeting pushed yields on the benchmark 10-year U.S. Treasury note to a four-year high.
Dallas Mavericks star Dirk Nowitzki says the allegations against the franchise for having a hostile workplace for women in a Sports Illustrated report came as "heartbreaking" and "truly disgusting" news.
New York Yankees general manager Brian Cashman compared his team to "The Little Engine That Could" after being asked how he viewed the Yankees in relation to their American League East rival, the Boston Red Sox.
Spurs star Kawhi Leonard has been medically cleared to return from a right quad tendinopathy injury, but he has elected against returning to the active roster after consulting with a specialist to get a second opinion, sources told ESPN.