News Highlights: Top Company News of the Day
July 16 2018 - 5:15AM
Dow Jones News
Boeing, Airbus Strain to Deliver the New Jets They Have Promised
Some airlines have been left waiting for months for new planes
as aircraft makers face a supply-line crunch for items including
engines and wing components. That has angered executives and, in
some cases, even stranded passengers.
Boeing Mulls Its First New Airliner Since Dreamliner
The aerospace giant plans to decide next year whether to pursue
a new multibillion-dollar commercial airliner project-its first in
about 15 years.
Global Trade Spat Unnerves Plane Makers
Aerospace executives at plane makers Boeing Co. and Airbus SE,
along with their suppliers, said they are worried new trade
barriers could drive up plane manufacturing costs and lead airlines
to put off purchases.
Investors Watch Effect of Rate Rises on Bank of America Earnings
Here's what to look for when the second-largest U.S. bank by
assets reports second-quarter results Monday.
General Atlantic Invests $250 Million in Lending Startup Greensill
Private-equity firm General Atlantic has made a minority
investment in U.K. lending startup Greensill Capital, continuing
its strategy of placing bets on companies that use technology to
try to disrupt the traditional financial system.
Abraaj Founder Avoids Prosecution for $48 Million Bounced Check
The founder of embattled private-equity firm Abraaj Group has
reached a settlement on a $48 million bounced-check allegation,
allowing him to avoid prosecution.
'Skyscraper' Gets a Rocky Start
"Skyscraper," starring Dwayne Johnson as a former FBI agent
trying to rescue his family from a burning tower, had a soft
opening for an action movie that cost around $125 million to
make.
China Snubs Xiaomi With Pushback on Founder-Friendly Listings
China's two main stock exchanges said investors on the mainland
won't be able to use a trading link with Hong Kong to buy into
companies with super-voting shares, a setback for recently listed
smartphone-maker Xiaomi.
Pentagon Nears New F-35 Deal
After months of wrangling over price and other terms, the
Defense Department said it had reached a multi-billion-dollar
"handshake deal" with Lockheed Martin on buying the next batch of
F-35 combat jets.
A Spray Form of Ambien Now Costs Over 800% More
A small Colorado drugmaker recently raised the price for a spray
form of sleep aid Ambien by as much as 843%, the latest example of
how some firms are increasing prices despite mounting pressure.
(END) Dow Jones Newswires
July 16, 2018 05:00 ET (09:00 GMT)
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