Boeing 737 MAX Electrical Problem Affects More Locations on Aircraft

A potential electrical problem that led airlines to pull dozens of the plane maker's 737 MAX jets from service last week affects more areas of the flight deck than previously known, Boeing said.

 
IBM's Earnings Are Coming. Watch for More Details on Its Spinoff.

When the tech company reports earnings on Monday, investors are likely to focus on any new details about IBM's planned spinoff of its managed information services business.

 
NASA Picks SpaceX to Build New Lunar Lander

The decision is the latest in a string of lunar-related wins for the Elon Musk-controlled company.

 
GM to Help Build $2.3 Billion Battery Plant in Tennessee

Factory will be the second for the auto maker's joint venture with LG Chem, one of the largest makers of batteries for electric vehicles.

 
Morgan Stanley Books Archegos Loss, but Profit Hits a High

The bank lost $911 million when Archegos Capital Management imploded last month, tarnishing a record-setting quarter.

 
Indianapolis Mass Shooting: At Least Eight Dead at FedEx Facility

The gunman arrived at the parking lot, got out of his car and started shooting. After killing people outside and inside the facility, he apparently killed himself.

 
Apple Reveals How Much It Pays When You Stream a Song

The company pays the music industry a penny per stream on its service, a disclosure it made as part of an effort by music-streaming services to show they are artist-friendly.

 
Hertz Bankruptcy Bidding War Heats Up With New Counteroffer

Knighthead Capital Management and Certares Management, which previously offered to buy Hertz out of bankruptcy but were eclipsed by a competing group, returned with a sweetened bid.

 
Simon & Schuster Won't Distribute Policeman's Book About Breonna Taylor Shooting

The book's author, Jonathan Mattingly, was one of the three Louisville police officers who fired their weapons during last year's raid.

 
ESG Insights - Johnson & Johnson Under the Microscope

This week, The Wall Street Journal's ESG research analysts looked at J&J's vaccine pause, Microsoft's acquisition of Nuance, the Veolia-Suez deal, Air Canada and more.

(END) Dow Jones Newswires

April 16, 2021 19:00 ET (23:00 GMT)

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