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Airbus boosts US footprint with new A220 plant in Alabama

European aircraft manufacturer Airbus on Wednesday broke ground on its second assembly line in the southern US state of Alabama, where it plans to build its small A220 jets, as it seeks to swipe market share from rival Boeing.

Apple CEO confident of prospects despite naysayers

Shares of Apple nudged higher on Tuesday after Chief Executive Tim Cook touted the company's technology pipeline and characterized worries about the company's future as overwrought.

SoftBank mobile unit in record IPO but market debut flops

Japanese technology giant SoftBank celebrated the world's second-biggest IPO for its mobile unit Wednesday but the newly traded shares endured a torrid time in their debut session, plunging nearly 15 percent.

Amazon rules, Walmart gains in e-commerce: study

Amazon is extending its dominance in US e-commerce, but Walmart is seeing strong gains and is poised to become the number three online retailer, a market tracker said Thursday.

Climate goals mean Europe will overtake US in electric cars

European carmakers are rolling out electric vehicles like the ones on view this week at the Paris Motor Show to burnish their reputations as technology leaders and to compete with Tesla. But also because EU regulations don't ...

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