News Highlights: Top Company News of the Day
Boeing 737 MAX Electrical Problem Affects More Locations on Aircraft
A potential electrical problem that led airlines to pull dozens
of the plane maker's 737 MAX jets from service last week affects
more areas of the flight deck than previously known, Boeing
IBM's Earnings Are Coming. Watch for More Details on Its Spinoff.
When the tech company reports earnings on Monday, investors are
likely to focus on any new details about IBM's planned spinoff of
its managed information services business.
NASA Picks SpaceX to Build New Lunar Lander
The decision is the latest in a string of lunar-related wins for
the Elon Musk-controlled company.
GM to Help Build $2.3 Billion Battery Plant in Tennessee
Factory will be the second for the auto maker's joint venture
with LG Chem, one of the largest makers of batteries for electric
Morgan Stanley Books Archegos Loss, but Profit Hits a High
The bank lost $911 million when Archegos Capital Management
imploded last month, tarnishing a record-setting quarter.
Indianapolis Mass Shooting: At Least Eight Dead at FedEx Facility
The gunman arrived at the parking lot, got out of his car and
started shooting. After killing people outside and inside the
facility, he apparently killed himself.
Apple Reveals How Much It Pays When You Stream a Song
The company pays the music industry a penny per stream on its
service, a disclosure it made as part of an effort by
music-streaming services to show they are artist-friendly.
Hertz Bankruptcy Bidding War Heats Up With New Counteroffer
Knighthead Capital Management and Certares Management, which
previously offered to buy Hertz out of bankruptcy but were eclipsed
by a competing group, returned with a sweetened bid.
Simon & Schuster Won't Distribute Policeman's Book About Breonna Taylor Shooting
The book's author, Jonathan Mattingly, was one of the three
Louisville police officers who fired their weapons during last
ESG Insights - Johnson & Johnson Under the Microscope
This week, The Wall Street Journal's ESG research analysts
looked at J&J's vaccine pause, Microsoft's acquisition of
Nuance, the Veolia-Suez deal, Air Canada and more.
(END) Dow Jones Newswires
April 16, 2021 19:15 ET (23:15 GMT)
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