US Business

The FAA said that in order to hold Boeing accountable, it has halted production expansion of the company’s 737 MAX planes and will continue its on-site presence at Boeing and Spirit’s manufacturing facilities.

Musicians are releasing new songs in videogames, in some cases before anywhere else.

The move came weeks after a judge ruled that the $3.8 billion deal would reduce competition and harm cost-conscious fliers.

Vista Outdoor has rejected MNC Capital Partners’ $2.9 billion buyout offer, saying the proposal undervalues the maker of the ammunition and outdoors equipment.

Daimler Truck said it expected flat earnings this year after revenue improved in the fourth quarter and as underlying profits topped forecasts in 2023..

Pearson reported higher operating profits for 2023 that came within its guidance range, as sales fell, and it said it would extend its share buyback by a further $253 million.

Tesla is rolling out more incentives to boost demand for its electric cars in China, the latest salvo in an ongoing price war in the world’s largest EV market.

ITV has sold its stake in digital subscription streaming service BritBox for $322 million and will return the proceeds to shareholders through a share buyback.

Facebook owner Meta said the number of people in those countries using a dedicated tab for news on Facebook dropped more than 80% last year.

Tracy Britt Cool and her partners are on the hunt for midsize businesses with a competitive edge and have raised $220 million.