Boeing finds debris in fuel tanks of many undelivered 737 MAX jets
Boeing Co has found debris in the fuel tanks of dozens of undelivered 737 MAX jets amid ongoing inspections as the Chicago-based planemaker struggles to restore the trust of airlines and the wider public in the grounded fleet.
U.S. Treasury’s Mnuchin: Tax certainty needed on global basis
U.S. Treasury Secretary Steven Mnuchin said on Saturday it was very important to have tax certainty on a global basis and that the OECD was very close to consensus on a framework for minimum corporate tax.
Federal prosecutors probing if Boeing pilot knowingly lied to FAA: NYT
Federal prosecutors investigating Boeing Co are examining whether the U.S. planemaker knowingly misled the Federal Aviation Administration while it was seeking approval for its 737 MAX jet, the New York Times reported, citing two people familiar with …
Boeing finds debris in fuel tanks of many undelivered 737 MAX jets inspected so far
Boeing Co has found debris in the fuel tanks of dozens of undelivered 737 MAX jets amid ongoing inspections as the Chicago-based planemaker struggles to restore the trust of airlines and the wider public in the grounded fleet.
U.S. SEC probes Altria’s investment in Juul: source
U.S. regulators have opened a probe regarding Marlboro maker Altria Group Inc’s investment in e-cigarette maker Juul Labs Inc, according to a person familiar with the matter.
EBay in discussions with multiple parties for sale of classified business
EBay Inc is in discussions with multiple candidates regarding a potential transaction for its classified-ads business, the company said on Friday.
Morgan Stanley to get $375 million termination fee if E*Trade walks away from deal
Morgan Stanley will receive a $375 million breakup fee if E*Trade Financial Corp walks away from its $13 billion deal for the discount brokerage, the U.S. bank said on Friday.
Wells Fargo to pay $3 billion to U.S., admits pressuring workers in fake-accounts scandal
Wells Fargo & Co has agreed to pay $3 billion to resolve criminal and civil probes into fraudulent sales practices and has admitted to pressuring employees in a fake-accounts scandal, U.S. officials said on Friday, wrapping up one of the last major investigations looming over the bank.
Factbox: Remaining hurdles for scandal-hit Wells Fargo
Wells Fargo & Co has racked up well over $7 billion in penalties since a sales practices scandal erupted in 2016, and continues to face headwinds.
Stocks slip as coronavirus fears spur safe-haven buying
Global equity markets slumped on Friday as the fast-spreading coronavirus drove investors into safe havens, with gold hitting a fresh seven-year high and the yield on the 30-year U.S. Treasury bond sliding to an all-time low.
