Boeing's Quality Complaints Mount as Another Whistleblower Comes Forward

A former quality manager will provide written testimony that will be part of a congressional hearing Wednesday. 


 
Tesla Shareholders to Vote on Elon Musk's $55.8 Billion Pay Package

The compensation deal was previously struck down in court. 


 
Travelers Stock Falls. Ballooning Catastrophe Losses Are One Problem.

The property and casualty insurer misses analysts' earnings estimates. 


 
Volkswagen to Cut EV Costs With New Production Platform in China

Volkswagen and XPeng have a new framework deal to co-develop electrified and digitized architecture to be used in VW brand EVs produced in China. 


 
U.S. Bancorp Beats Earnings Estimates, but the Stock Is Falling Anyway

U.S. Bancorp reported first-quarter adjusted earnings of 90 cents a share on revenue of $6.72 billion. 


 
Abbott Labs Stock Is Slipping. Disappointing Guidance Trumps a Strong Quarter.

Healthcare-products firm Abbott Laboratories' first-quarter earnings beat expectations, but second-quarter guidance was light. 


 
ASML Lackluster Orders Miss Forecasts as Demand Recovery Awaited

ASML reported lower orders for the first quarter as chip makers wait for demand to recover before securing key production equipment for the coming years. 


 
General Electric's Power Spinoff Could Be Formidable Once Fully Charged

GE Vernova is expected to turn profitable this year and benefit from growing electricity demand. 


 
VW Workers Vote on Unionizing Tennessee Plant in Latest UAW Push

The union is aiming to use the momentum from the Detroit deals to expand in the South by organizing a factory owned by a foreign automaker. 


 
Nelson Peltz Got Crushed by Disney. Can He Recover?

After his Trian Partners lost its proxy fight, a big bet on Unilever comes into focus.


(END) Dow Jones Newswires

04-17-24 0915ET