Vale Says Experts Blame Deadly Dam Collapse on Drainage Problems

Vale SA said experts hired by the miner have concluded that drainage problems were largely to blame for the collapse of its dam in January that killed 270 people in Brazil.

 
China Raises Concerns on Boeing's 737 MAX Proposed Changes

China's aviation regulator has raised concerns about the reliability and security of Boeing's proposed changes to the 737 MAX jet's software and flight control systems needed to put the plane back in service.

 
Southwest to Share Boeing Agreement Proceeds With Employees

Southwest Airlines said it would share with its employees proceeds from its agreement with Boeing to compensate Southwest for a part of projected financial damages related to the grounding of the Boeing 737 MAX aircraft.

 
Safeway Owner, Rival Grocers Bet on Smaller Warehouses

Food retailers such as Albertsons are making big bets on small warehouses to bulk up their growing delivery businesses, as supermarkets try different approaches to get groceries to customers more efficiently.

 
Delta Buys Stake in Private-Jet Operator

Delta Air Lines is buying a minority stake in Wheels Up, a private-jet operator, that will extend the Atlanta-based carrier's operations to more premium passengers.

 
Aramco Valuation Hits Crown Prince's $2 Trillion Target

Shares in Aramco jumped on their second day of trading to reach Saudi Crown Prince Mohammed bin Salman's coveted valuation target of $2 trillion.

 
Cigarette Makers Can Filter Tougher Smoking Rules

The threat of stricter tobacco controls in the U.S. has wiped billions of dollars off the stock-market valuations of big cigarette companies. But they have more ways to cope with the fallout than investors are giving them credit for.

 
Standard Chartered Sells Bank Permata Stake

Standard Chartered has agreed to sell its interest in Indonesia's Bank Permata for $1.3 billion to Bangkok Bank.

 
FAA Probes Alleged Production Issues at Boeing Plant

The Federal Aviation Administration said it is investigating alleged production issues at a Boeing factory near Seattle, where the plane maker assembles the 737 MAX.

 
Fiat Chrysler Workers Approve New Contract, Ending Detroit Labor Talks

A lengthy round of labor talks in Detroit has ended after the United Auto Workers said it secured a new four-year contract with Fiat Chrysler, the last of three deals negotiated this year by the union.

(END) Dow Jones Newswires

December 12, 2019 09:15 ET (14:15 GMT)

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