As Takata Deal Deadline Looms, Claimants in Air-Bag Cases Worry
Continue Reading Below
Lawyers for people claiming injury from Takata Corp.'s defective air bags pressured the company to finalize its deal to sell most of its business as the deadline looms this week.
Activist Investor Marathon Slams Restaurant Deal
Activist investor Marathon Partners Equity Management said the proposed acquisition by restaurant operator J. Alexander's Holdings Inc. of 99 Restaurants is a rotten deal for shareholders.
Amazon Hopes Alexa Will Offer Traction for Music App
Amazon Music listeners will now be able to ask Alexa to DJ on-the-go. Amazon.com said it would launch the personal assistant technology in its mobile music streaming apps on Tuesday.
Continue Reading Below
In India, a Big GE Deal Goes Off the Rails
General Electric Co. is in danger of losing one of its largest industrial contracts after a political shake-up in India, highlighting the risk of the conglomerate's chase to win business in far-flung markets by investing heavily in local operations.
China Fishery Trustee Targets HSBC in Bankruptcy Probe
The court-appointed trustee in charge of China Fishery Group Ltd. isn't backing down in a bankruptcy battle with HSBC Ltd., which he is investigating for aggressive collection tactics that allegedly had a "severely negative impact" on the fishing enterprise.
Atlas Air Worldwide Accuses Pilots' Union of Work Slowdown
Atlas Air Worldwide Holdings Inc. accused its unionized pilots of intentionally slowing down work, causing "widespread and significant" flight delays, in the latest labor dispute between a union and an air-cargo carrier.
CFTC Fines Citigroup Over Swaps Reporting
The Commodity Futures Trading Commission fined two Citigroup subsidiaries for failing to properly report swap transactions, the latest in a series of such penalties by the regulator.
Morgan Stanley to Pay $13 Million Over UIT Supervision
Wall Street's self-regulator ordered Morgan Stanley to pay $13 million in fines and restitution to clients for failing to properly supervise trades that increased charges and fees to customers of certain investment funds.
Facebook Shares Sink as Bad News Piles Up
A series of controversies are colliding Monday to send Facebook Inc. shares to their worst day since November.
Longtime SoFi Tech Executive to Step Down
Social Finance's top technology executive, who is also the wife of former CEO Mike Cagney, plans to leave the firm.
(END) Dow Jones Newswires
September 26, 2017 01:15 ET (05:15 GMT)