September 28, 2019

Mylan to pay $30 million U.S. SEC fine related to EpiPen overcharge probe

Mylan NV has agreed to pay a $30 million fine to settle U.S. Securities and Exchange Commission charges it hid from investors the impact of a […]
September 28, 2019

‘System is not broken’ after 737 MAX crashes: review panel chair

The U.S. Federal Aviation Administration process for certifying new airplanes is not broken but needs to be improved, the chair of an international panel of air-safety […]
September 28, 2019

U.S. FAA requiring inspections for cracks on some 737 NG planes

The U.S. Federal Aviation Administration late on Friday said it would require operators of some Boeing 737 NG jetliners to conduct inspections for structural cracks and […]
September 27, 2019

After WeWork debacle, IPO market slams brakes on unprofitable companies

Companies making their debut on the U.S. stock market are getting a rough welcome, especially if they are losing money, casting a shadow over the calendar […]
September 27, 2019

Wall Street drops; White House considers delisting Chinese companies

U.S. stocks fell on Friday after reports that the Trump administration was considering delisting Chinese companies from U.S. stock exchanges, raising worries about a further escalation […]
September 27, 2019

Delta to buy 20% of LATAM for $1.9 billion in regional shake-up

(This September 26 story corrects airline group to SkyTeam alliance instead of the Sky Alliance in paragraph 6) Powered by WPeMatico
September 27, 2019

Wells Fargo taps one-time Dimon protégé Scharf to lead turnaround

After a difficult, months-long search for a new chief executive, scandal-plagued Wells Fargo & Co named as its next leader Charles Scharf, a one-time Jamie Dimon […]
September 27, 2019

Exclusive: Hedge fund D.E. Shaw to push for break-up of Emerson – sources

Hedge fund D.E. Shaw & Co is building a stake in Emerson Electric Co and is planning to push for changes, including a potential split-up of […]
September 27, 2019

In swipe at Trump, China tells U.N. tariffs could plunge world into recession

China’s top diplomat said on Friday that tariffs and trade disputes could plunge the world into recession and Beijing was committed to resolving them in a […]
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