News Highlights: Top Company News of the Day
May 12 2021 - 11:30PM
Dow Jones News
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."
Ethereum Luminary Makes $1 Billion Covid-19 Donation in Shiba Inu Coin
The alternative cryptocurrency used by Vitalik Buterin in his
contribution is piggybacking off the popularity of dogecoin.
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.
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.
Bumble's Debut Has Been a Buzz Kill
The dating app's banter hasn't delivered the picture it sold in
its initial public offering.
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.
German Regulator Orders Digital Bank N26 to Improve Controls
Germany's financial regulator told N26 Bank, a hot digital
startup with operations in Europe and the U.S., to implement proper
controls to prevent money laundering, taking the unusual step of
appointing a special monitor.
Insight Partners Backs Government Technology Provider CivicPlus
The provider of websites and other technology to local
governments has received a $290 million cash infusion from the
investment firm.
Crown, Regulator Reach Agreement on Sydney Casino; Final Decision Pending
Troubled Australian casino operator Crown Resorts Ltd. and the
gambling regulator in New South Wales state have reached an
agreement that could pave the way for Crown to open a new casino in
Sydney, pending a final decision.
(END) Dow Jones Newswires
May 12, 2021 23:15 ET (03:15 GMT)
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