Boeing Nears Fix for 777 Engine Covers

The plane maker has been working to address concerns about the aircraft components after one broke apart on a United Airlines jet over Colorado this year, people briefed on the matter said.

 
Elon Musk Says Tesla Suspends Accepting Bitcoin for Vehicle Purchases

Tesla chief says bitcoin will be used for transactions "as soon as mining transitions to more sustainable energy".

 
Police Arrest Tesla Driver for Operating Car From Back Seat

The California Highway Patrol charged a Tesla Model 3 driver with reckless driving in the Bay Area after police received 911 calls.

 
CDC Recommends Covid-19 Vaccine for 12- to 15-Year-Olds

The Centers for Disease Control and Prevention took the step after its vaccination advisory panel voted Wednesday to recommend the shot.

 
Ericsson to Pay Nokia $97.2 Million to Settle Damages Claim

Ericsson said it would pay Nokia $97.2 million to settle a damages claim relating to previously announced allegations that it violated the U.S. Foreign Corrupt Practices Act.

 
Volvo Cars to Explore Possible IPO

The Swedish auto maker, which is owned by China's Geely, has discussed a potential listing for some time.

 
WeWork CEO Says Least Engaged Employees Enjoy Working From Home

Conversely, Sandeep Mathrani said Wednesday at The Wall Street Journal's Future of Everything Festival, 'Those who are uberly engaged with the company want to go to the office two-thirds of the time, at least.'

 
SAP Discloses Investment by Chairman's Charity in Joint Venture

The German software company said the Hasso Plattner Foundation had invested in a financial-services joint venture SAP had created, and denied any wrongdoing in not disclosing the investment earlier.

 
Pershing Square Holds Nearly 6% of Domino's Pizza, Bill Ackman Says

The billionaire investor said he puts the pizza chain in the category of "super-durable growth companies," speaking at The Wall Street Journal's Future of Everything Festival.

 
By Chloe Co-Founder Sues Investors Over Trademark

Celebrity chef Chloe Coscarelli is suing investors in the vegan restaurant chain that bears her name for alleged trademark infringement in the past.

(END) Dow Jones Newswires

May 12, 2021 19:15 ET (23:15 GMT)

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