(Reuters) - Boeing's key supplier Spirit AeroSystems is limiting overtime and hiring as production declines due to lower output of 737 MAX jets, Spirit told Reuters on Friday. Boeing's MAX jetliner production has fallen sharply in recent weeks as U.S. regulators step up factory checks and workers slow the assembly line outside Seattle to complete outstanding work. Boeing's deliveries dropped...

03:25 PM EDT, 04/12/2024 (MT Newswires) -- Nike ( NKE ) Chief Executive Officer John Donahoe blamed remote work for the company's lack of fresh new products, CNBC reported Friday. In hindsight, it turns out, it's really hard to do bold, disruptive innovation, to develop a boldly disruptive shoe on Zoom, Donahoe in an interview with CNBC from Paris. Donahoe...

MEXICO CITY, April 12 (Reuters) - Mexican state oil company Pemex revised its May term pricing formulas for crude shipped to customers in the Americas, Europe and Asia, the company's trading arm said on Friday. The following table lists adjustments to price constants for Pemex's flagship Maya heavy crude oil, as well as its Isthmus and Olmeca grades plus its...

(Reuters) - U.S. Steel shareholders voted in favor of the proposed $14.9 billion acquisition by Japan's Nippon Steel, moving the merger closer to completion while the deal faces regulatory scrutiny and political opposition. Nippon's proposal to buy U.S. Steel has been opposed by several U.S. lawmakers on national security grounds, with President Joe Biden expected to voice concerns over the...