News Highlights: Top Company News of the Day
November 21 2018 - 11:15PM
Dow Jones News
Regulators Seek Clarity on Boeing 737 Safety Systems After Lion Air Crash
U.S. regulators are pressing for clarity on automated
flight-control systems in Boeing's latest 737 models, as they seek
to address inconsistencies in how airlines have informed pilots
about one of the features.
Half of Jobs at Amazon's Two New Headquarters Won't Be Tech Positions
Ghosn's 'Inside Man,' Jailed in Japan, Quietly Wielded Power at Nissan
Greg Kelly, the Nissan board member and former executive jailed
with Carlos Ghosn in Japan, was well-known inside the company as a
gatekeeper and confidant to the former CEO.
U.K. Cafe Chain's Audits Come Under Scrutiny
A U.K. regulator launched an investigation into Grant Thornton's
audits of Patisserie Holdings' financial statements following the
discovery of accounting irregularities.
New Airbus CFO to Face Volatile Cash Flow, Brexit Issues
Airbus's new finance chief will start his role as the aerospace
giant is struggling to stabilize its volatile cash flow and faces
potential working capital headwinds from supply-chain disruptions
linked to Brexit.
Standard Chartered's New York Branch Compliance Monitoring to End
A compliance monitor for Standard Chartered's New York branch,
put in place following settlements concerning sanctions and
money-laundering failures, will no longer be required after Dec.
31.
Spanish Language Broadcaster LBI Media Files for Bankruptcy
Senior lender HPS Investment will take control of broadcaster
under debt-restructuring deal
Goldman Sachs Sued Over 'Central Role' in 1MDB Scandal
An Abu Dhabi sovereign-wealth fund accused Goldman Sachs of
playing a "central role" in an international corruption scandal,
saying it enabled bribes to former top executives at the fund.
IKEA to Slash Thousands of Jobs in Restructuring
IKEA, in its most dramatic restructuring ever, is slashing
thousands of jobs and creating new ones as the furniture giant
scrambles to cope with fast-changing shopper behavior that has
hammered brick-and mortar retailers globally.
How Deutsche Bank is Dealing With its Big Weakness
Deutsche Bank stock got hit again this week for its links to the
vast money laundering probe at Danish lender Danske Bank. What
investors didn't notice was the German bank quietly getting on with
a critical bit of its repair job: sorting out its funding.
(END) Dow Jones Newswires
November 21, 2018 23:00 ET (04:00 GMT)
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