What's News: Business & Finance -- WSJ
August 15 2020 - 3:02AM
Dow Jones News
This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the U.S.
print edition of The Wall Street Journal (August 15, 2020).
Federal prosecutors have opened a criminal probe into whether a
senior NASA official improperly told a high-ranking Boeing
executive about the status of a lunar-lander contract, spurring the
company to revise its bid.
Americans' shopping surpassed pre-pandemic levels last month,
but the U.S. economy still faces threats as it digs out of a
recession.
Germany's stock-market regulator allowed its staff to trade
shares in Wirecard while the agency was investigating the firm.
The CEO of the firm behind "Fortnite" is now spearheading a
battle that app developers have waged for years against Apple and
Google.
Buffett's Berkshire unloaded billions of dollars of bank stocks
as the U.S. economy reeled during the coronavirus lockdown.
U.S. stocks ended the week roughly where they started, leaving
the S&P 500 hovering just below its February record.
A federal judge denied a motion filed by GM to revive its
civil-racketeering lawsuit against Fiat Chrysler.
Canada's antitrust watchdog said it has launched a civil
investigation into Amazon.com.
(END) Dow Jones Newswires
August 15, 2020 02:47 ET (06:47 GMT)
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