News Highlights: Top Company News of the Day
March 19 2019 - 01:30AM
Dow Jones News
Boeing's Design for Its 737 MAX Jet Draws Scrutiny
Federal investigators and lawmakers are asking the same question
about Boeing's 737 MAX jet: Did U.S. safety regulators rigorously
follow longstanding engineering and design standards in approving a
suspect stall-prevention feature?
Blackstone Nears Deal to Acquire Servpro
Blackstone Group is nearing a deal to acquire cleaning- and
emergency-restoration services provider Servpro Industries for more
than $1 billion including debt.
U.S. Chip Makers Fear Trap in a Trade Deal With China
U.S. semiconductor companies want no part of any trade deal that
calls for stepped-up purchases from China, worried that would give
Beijing more control over their industry.
Warner Bros. CEO to Step Down Amid Probe Into Conduct
Kevin Tsujihara will step down as chief executive of AT&T's
Warner Bros. studio following a report that he had an inappropriate
relationship with an actress.
ESPN, UFC Reach Exclusive Pay-Per-View Deal
Ultimate Fighting Championship has struck a seven-year agreement
with ESPN for the rights to sell and stream its pay-per-view bouts
exclusively on its ESPN+ streaming service, starting in April.
Flower Delivery Firm FTD Says It Could Go Out of Business by Summer
Flower delivery firm FTD Companies issued a grim warning about
its future on Monday, saying it could go out of business or shrink
its operations by this summer if it doesn't raise enough money to
pay down its debt.
BNP Paribas Insurance Arm Increases Green Investment Goal
BNP Paribas Cardif, the insurance unit of BNP Paribas, said it
is aiming for 3.5 billion euros in green investments by the end of
2020, up EUR1.1 billion from its previous goal.
Goldman Sachs Implements Its Own 'Rooney Rule' in Diversity Push
Managers at Goldman Sachs Group will be required to interview
two diverse candidates for any open job, a push the firm hopes will
change its heavily white, male workforce.
Former Union Official Charged in Corruption Probe at Fiat Chrysler
A former vice president for the United Auto Workers union was
charged Monday with allegedly receiving tens of thousands of
dollars in illegal payments from Fiat Chrysler Automobiles NV
executives, according to federal prosecutors-the latest in a
widening probe into allegations of corruption in the union's top
ranks.
Aerospace Manufacturer Nordam Group Cleared to Exit Bankruptcy
Nordam Group Inc. won court approval Monday of a chapter 11 exit
plan that brings in new money from private-equity giant Carlyle
Group and pays all creditors in full.
(END) Dow Jones Newswires
March 19, 2019 01:15 ET (05:15 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.