Plans by the U.S Air Force to trim its F-35 Joint Strike Fighter order this year won’t affect a planned long-term increase in output to make the plane more affordable, a senior Pentagon official said Wednesday.
Two top executives at Uber will face criminal charges in France on Thursday, in an emblematic battle for the car hailing company in a market that is one of its biggest but also one of its most fraught.
Pinewood Group, owner of the British studio where the latest “Star Wars” as well as James Bond movies like “Spectre” and “Dr. No” were shot, said it is considering selling the business. The company’s share rose sharply.
Federal Reserve Chairwoman Janet Yellen flagged risks to the economic outlook that could delay the central bank’s plans for raising short-term interest rates, in her semiannual testimony to Congress on U.S. monetary policy.
Prime Minister Shinzo Abe’s economic-revitalization plan was a bet that a committed central bank could jolt Japan out of decades of decline. But the bank’s failure to generate a sustained economic upswing suggests the “Abenomics” program has reached an impasse.
French designer Hedi Slimane’s close attention to youth culture in Los Angeles has translated into rock-inspired looks that almost doubled the Saint Laurent fashion brand’s revenue in his first two years on the job.