Pilot Told Colleague He Unintentionally Misled Regulators on Boeing 737 MAX

A senior Boeing pilot told a colleague he unintentionally misled federal regulators about a key system on the plane maker's 737 MAX, according to a transcript of instant messages reviewed by The Wall Street Journal.

 
J&J Recalls Baby Powder on Asbestos Concern

Johnson & Johnson launched a voluntary recall of about 33,000 bottles of its baby powder after a test showed sub-trace-level asbestos contamination.

 
Schlumberger's Overseas Segments Drive Revenue Growth

Oil-field-services company Schlumberger Ltd. reported a surprising increase in revenue for the latest quarter, driven by growth in markets outside North America.

 
Oracle Co-CEO Mark Hurd Dies

Oracle says Co-CEO Mark Hurd, who had taken a medical leave of absence in September, has died.

 
UAW Deal Turns Headlights on GM's Planning

General Motors, the top U.S. automaker, will need to reassure investors in its financial results that cost-savings targets and downturn preparation are on track.

 
Soda Comeback Drives Sales Gains at Coca-Cola

Coca-Cola's carbonated soft drinks are making a comeback, as the company's third-quarter sales rose in large part thanks to variations on its namesake cola.

 
American Express's Earnings, Top Line Rise

American Express's profit and revenue climbed in the third quarter, along with its provision for losses.

 
State Street Profit Beats Estimates, Lifts Stock

State Street posted quarterly results that beat Wall Street estimates and offered investors some signs of a turnaround. The custody bank's shares jumped.

 
Fashion Sourcing Platform Zilingo Designs $100 Million Push Into U.S.

Singapore-based fashion technology startup Zilingo is investing $100 million to launch operations in the U.S. as it builds out its supply-chain business connecting apparel brands with factories and suppliers.

 
The Chip Industry Gets a Strong 5G Signal

Industry bellwether TSMC thinks consumer adoption of 5G smartphones warrants a dramatic expansion of its investment plans.

(END) Dow Jones Newswires

October 18, 2019 15:00 ET (19:00 GMT)

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