Year: 2020

German prosecutors are probing whether the electronic-payments giant used fictitious revenue to inflate its sales and fool investors. The company and its auditors say $2 billion that is missing probably never existed.

Safety fixes after the first Boeing 737 MAX crash became snarled in Federal Aviation Administration delays and repetitive analyses, wasting any chance U.S. regulators had to prevent the second fatal accident, according to an investigation by the Transportation Department’s internal watchdog.

McDonald’s is pausing the reopening of dine-in service in the U.S. as coronavirus cases continue to spread across states.

The company had been reopening locations but is now temporarily closing dozens of stores in Texas, California and other states.

Major auto makers reported sharp drops in second-quarter U.S. vehicle sales, as sweet discounts and financing deals weren’t enough to offset factory and dealership closures from the Covid-19 pandemic.