Takata Pleads Guilty to Criminal Wrongdoing, Agrees to Pay $1 Billion 
 

Japanese automotive supplier Takata pleaded guilty to criminal wrongdoing and agreed to pay $1 billion in penalties for providing misleading testing reports to auto makers on rupture-prone air bags installed in millions of vehicles.

 
AIG Directors Weigh Consequences for CEO After Big Setback 
 

Directors of American International Group Inc. are trying to determine whether to blame-and possibly replace-Chief Executive Peter Hancock following a major setback in the insurance giant's turnaround plan, people familiar with the matter said.

 
Prosper Inks $5 Billion Loan-Buying Deal With Investors Including Soros, Jefferies 
 

Prosper Marketplace Inc. struck a deal on Monday to sell up to $5 billion worth of consumer loans to a group of investment firms over the next two years.

 
Warren Buffett's Berkshire Hathaway More Than Doubles Stake in Apple 
 

Warren Buffett said his Berkshire Hathaway more than doubled its stake in Apple since the start of the new year, making the Silicon Valley giant one of Berkshire's biggest equity holdings.

 
Morgan Stanley Gave Some Wealth-Management Clients Wrong Tax Information 
 

Morgan Stanley said it had given a "significant number" of wealth-management clients incorrect information that caused some to underpay and others to overpay their taxes.

 
Uber Fires a Top Software Engineer 
 

Uber Technologies Inc. fired a top software engineer for failing to disclose allegations of sexual harassment at his previous employer, Alphabet Inc.'s Google, a person familiar with the matter said on Monday.

 
SpaceX Proposes a Private Manned Mission to Orbit Moon 
 

Elon Musk's SpaceX has proposed taking tourists around the moon in as soon as two years, touting such missions as the evolution of public-private partnerships favored by the Trump administration.

 
Hertz Swings to Loss on Impairment Charges 
 

Hertz Global Holdings Inc. reported a loss in 2016 as it booked more than $254 million in charges amid continued weakness in its car-rental business.

 
Priceline's Profits Jump on Surge in Travel Bookings 
 

Priceline Group's profit rose a better-than-expected 31% in the fourth quarter amid a jump in travel bookings.

 
London Stock Exchange Remains Hopeful Over Deutsche Börse Merger 
 

London Stock Exchange is still holding out some hope that regulators will approve its planned merger with Deutsche Börse, but a selloff in the companies' shares signals investors fear the deal will collapse.

(END) Dow Jones Newswires

February 27, 2017 19:00 ET (00:00 GMT)

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