MSNBC Taps Alex Wagner as Rachel Maddow's Successor 

The veteran political correspondent is set to host the channel's 9 p.m. hour starting in August

GE CEO Larry Culp to Also Run Aviation Business 

The company is shaking up leadership in its jet-engine business as it prepares for a breakup.

McDonald's Names New CFO, Promoting From Within 

The fast-food company has tapped a new finance chief as it works to revamp its U.S. franchise system and manage high inflation.

Credit Suisse Found Guilty in Money-Laundering Case Tied to Cocaine Ring 

Credit Suisse and a former employee were found guilty in a Swiss federal criminal court of helping a Bulgarian crime ring launder money related to cocaine trafficking.

Digital World Acquisition Discloses Federal Subpoenas 

The special-purpose acquisition company, which has plans to merge with Donald Trump's social-media company, also said a board director has resigned.

Crypto Hedge Fund Three Arrows Defaulted on Loan, Says Broker 

Three Arrows has defaulted, failing to make loan payments tied to large bets in the digital-currency realm, crypto broker Voyager Digital said.

India's Zomato Bites the Bullet on Quick Commerce 

Tech firm Zomato's acquisition of instant delivery firm Blinkit is coming across as a risky bet in a tough market environment. But does Zomato have the option to wait?

Taiwan's GlobalWafers to Invest $5 Billion in New Texas Plant 

The silicon facility would reduce reliance on imports by supplying wafers to companies such as Intel and Taiwan Semiconductor Manufacturing Co., and create 1,500 U.S. jobs.

No Government Money, No Problem for Moderna and Pfizer 

Congressional gridlock on Covid-19 funding might lead to vaccine inequity, but it won't be a bad thing for the manufacturers, which will charge a higher price in the private market.

McKinsey Clients Won Puerto Rico Contracts as Firm Advised Government 

McKinsey & Co. has been a top government consultant since 2016 in Puerto Rico, helping the U.S. territory's financial overseers manage its spending. In that time, corporate clients of the consulting firm have won tens of billions of dollars of government business, new disclosures show.


(END) Dow Jones Newswires

June 27, 2022 15:00 ET (19:00 GMT)

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