updated - April 9, 2020 Thursday EDT
The U.S. Department Transportation’s Federal Aviation Administration (FAA) has announced in a press release that Boeing Commercial Airplanes has agreed to pay $12 million to settle its multiple pending and potential enforcement cases.
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Alibaba Group Holding Limited has announced in a press release that it is appointing Matthew Bassiur as vice president and head of Global Intellectual Property Enforcement, effective January 2016.
Icahn Enterprises has raised its bid for Pep Boys: Manny, Moe & Jack, a full-service and tire automotive aftermarket chain, to $16.50 a share, or about $919 million, according to a report from The Wall Street Journal.
U.S. Steel Corporation has announced in a press release that it will be postponing the construction of the Electric Arc Furnace at its Fairfield Works in Birmingham, Alabama.
NetApp, Inc. has announced in a press release that they will be acquiring SolidFire Inc., a market leader in all-flash storage systems built for the next-generation data center, for $870 million in cash.
Crown Resorts Limited has announced in a press release that James Packer has resigned as a director of the company, effective immediately. Packer’s resignation has intensified speculations that he is closer to bidding for the company.
The Bank of Nova Scotia (Scotiabank) has announced in a press release that it may consider strategic options for its 49 percent stake in Thanachart Bank Public Company Limited.
BioMarin Pharmaceuticals Inc. has announced in a press release that the U.S. Food and Drug Administration (FDA) will be delaying its decision on the company’s new drug application.
Pandora's new royalty rates represent a 15 percent increase over the company's 2015 effective per-performance payment system.
China National Chemical Corp. (ChemChina) has improved its offer to acquire Syngenta AG and mark the biggest acquisition by a Chinese company, people with knowledge of the matter told Bloomberg.
Century Aluminum Company has said in a press release that Century Aluminum of South Carolina, Inc., its wholly-owned subsidiary, has reached an agreement in principle with Santee Cooper.
Amazon.com, Inc. is looking to launch its own air delivery service, as the company is negotiating to lease 20 Boeing 767 jets, cargo industry executives told The Seattle Times.
GlaxoSmithKline plc (GSK) has announced in a press release that it will be acquiring Bristol-Myers Squibb’s late-stage HIV R&D assets and its portfolio of preclinical and discovery stage HIV research assets. The HIV assets complement GSK’s global HIV business ViiV Healthcare’s existing portfolio.
Zurich Insurance Group has announced in a press release that it will be acquiring 100 percent of Rural Community Insurance Services, a leading provider of agricultural insurance in the U.S., from Wells Fargo & Company. The acquisition will expand Zurich’s existing portfolio of products and services, and strengthen its top five position in the U.S. commercial insurance.
The China Southern Airlines Company Ltd. has said in a statement that it will be purchasing 110 airplanes from Boeing Co. worth more than $10 billion.
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