U.S., EU Suspend Tariffs Imposed in Boeing-Airbus Dispute 

The U.S. and the European Union agreed Friday to suspend tariffs on wine, luggage, produce and other goods related to a longstanding dispute over government subsidies to Boeing and Airbus, in a sign of easing trade tensions.

Broadcom's No-Cancel Culture 

The chip maker is using its heft to hedge against double ordering amid a global production shortage of semiconductors.

India Threatens Jail for Facebook, WhatsApp and Twitter Employees 

The country is flexing its new powers over big platforms while companies are counting on the world's second-largest population for growth.

Norsk Hydro Sells Rolled-Products Business to KPS Capital Partners 

The Norwegian energy and aluminum company agreed to sell the business to U.S. private-equity firm KPS in a deal worth $1.66 billion.

Volkswagen Core Brand Accelerates E-Mobility Shift 

Volkswagen said that its namesake brand plans to increase the share of fully-electric-vehicle sales in Europe to more than 70% by 2030.

Hollywood Eyes Recovery as Movie Theaters Reopen in New York City and San Francisco 

With movie theaters in two major box-office markets poised to reopen this weekend, the industry is hoping consumers are ready to go to the movies again

Reddit Names Its First Finance Chief 

Drew Vollero previously led social-media company Snap through its public listing.

U.S. Blacklisted China's Xiaomi Because of Founder's Award 

The Defense Department labeled smartphone maker Xiaomi as a company that supports China's military partly due to an award given to its founder for his service to the state, along with Xiaomi's ambitious investment plans in advanced technologies such as 5G and artificial intelligence.

Saks Owner to Separate E-Commerce and Stores 

Insight Partners has put up $500 million for a minority stake in Saks.com, valuing the business at $2 billion.

Costco, Kroger Deserve Some Respect 

While pandemic-era sales growth won't be sustainable for major grocers, pandemic-era efficiency gains will survive.


(END) Dow Jones Newswires

March 05, 2021 15:00 ET (20:00 GMT)

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