Credit Suisse to Pay Fine, Admits Defrauding Investors to Settle Mozambique Charges

The company agreed to pay $475 million and forgive $200 million Mozambique owes to investors in coordinated settlements with U.S. and European authorities over loans the bank made in the country.

 
Bank of New York Mellon's Profit Rises on New Business, Asset Growth

The custody bank's results joined rival State Street in beating Wall Street's expectations.

 
Boeing's First Astronaut Flight on Starliner Faces Further Delay

The aerospace giant said its space vehicle might not carry astronauts until the end of next year, potentially putting it a year behind a previous date to deliver people to orbit.

 
Snap CEO Evan Spiegel Says Regulation Alone Won't Fix Social Media

Business practices need to support users' well-being, the chief executive says at WSJ Tech Live conference.

 
Netflix Co-CEO Says He 'Screwed Up' When Defending Dave Chappelle Special

"I should have recognized the fact that a group of our employees was really hurting," Ted Sarandos said in an interview.

 
SPAC Shareholders Approve Deal That Will Take WeWork Public

Special purpose acquisition company BowX Acquisition said its shareholders approved the previously announced business combination with the shared-workspace company.

 
Netflix Finds Even 'Squid Game' Only Has So Much Reach

While the new blockbuster series is helping to lift subscriber growth, a projection that is only in line with forecasts tempers the reaction following a stock-price surge.

 
Omnicom's Revenue Improves as Effects of Pandemic Fade

The ad agency holding company says revenue is growing across sectors and regions

 
United Airlines' Profit Dented by Delta Variant

The carrier, whose profit was boosted by federal aid, said the spread of the highly transmissible strain of Covid-19 slowed flying during the third quarter but hasn't derailed its recovery.

 
'Dave Chappelle Is Welcome on Substack,' CEO Says

Speaking at WSJ Tech Live, Chris Best says that censoring controversial remarks doesn't work and contradicts free speech.

(END) Dow Jones Newswires

October 20, 2021 01:00 ET (05:00 GMT)

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