Boeing to Pay $2.5 Billion to Resolve MAX Probe
The plane maker plans to admit wrongdoing to resolve a criminal probe into whether its employees misled regulators about safety issues before and after two fatal crashes.
Sheldon Adelson Takes Medical Leave From Casino Empire
Mr. Adelson, a billionaire and GOP megadonor, is stepping away for cancer treatment amid the Covid-19 pandemic upheaval.
Comscore Nears Deal With Charter, Qurate Retail and Cerberus
Comscore is nearing a deal with Charter Communications, Qurate Retail and private-equity firm Cerberus Capital Management aimed at bolstering the finances of the troubled media-measurement company and potentially strengthening its commercial relationships, according to people familiar with the matter.
Tesla's Elon Musk Overtakes Bezos as World's Wealthiest Person
The value of Tesla's shares rose around 6% intraday Thursday, enough for Elon Musk to surpass Amazon's Jeff Bezos in the Bloomberg Billionaires Index.
SoFi to Go Public Through $8.7 Billion Blank-Check Combination
The transaction is expected to provide up to $2.4 billion in cash proceeds.
Twitter Faces a Trumpless Future
Removal of the widely followed president may hurt engagement, but the social network needs to bear the cost.
Bed Bath & Beyond Posts Quarterly Sales Decline
The retailer reported a 77% increase in digital sales, but a 5% drop in sales as the pandemic continued to sap its bottom line.
Federal Investigators Probing AmEx Card Sales Practices
Inspectors general offices at the Treasury, FDIC and the Federal Reserve, as well as banking regulators at the OCC, are investigating the company's business-card sales practices.
NPC Reaches Deals to Sell Assets to Flynn Restaurant Group, Wendy's
NPC International, the bankrupt Wendy's and Pizza Hut franchisee, agreed to sell its restaurants in separate deals worth roughly $800 million involving Flynn Restaurant Group and Wendy's International.
Walgreens Says Pandemic Hurting Visits to Pharmacies
Pharmacy foot traffic is down as Covid-19 precautions thwart the seasonal flu and people skip routine medical care and generally avoid stores.
(END) Dow Jones Newswires
01-07-21 1915ET