Caterpillar Settles Tax Dispute With IRS, Will Pay No Penalties
Analysts had estimated the construction-equipment maker faced potential tax increases and penalties from the IRS totaling more than $2 billion.
Judge Voices Skepticism of Antitrust Challenge to UnitedHealth Deal
In closing arguments, a federal judge questioned the government's effort to block the health insurer's $13 billion acquisition of health-technology firm Change Healthcare.
Twitter Agreed to Pay Whistleblower Roughly $7 Million in June Settlement
The agreement with Peiter Zatko, related to lost pay, didn't prevent him from filing a complaint that is now part of Elon Musk's case against Twitter.
Shopify Hires Morgan Stanley Investment Banker as Its Next CFO
Shopify named investment banker Jeff Hoffmeister as its next chief financial officer, a move that comes after the e-commerce company in July said it would cut its workforce by 10%.
T-Mobile announces $14 billion share-buyback program
T-Mobile US Inc. announced that its board of directors has authorized up to $14 billion in buybacks, in a move that shows how the telecommunications industry has evolved in recent years.
Facebook Parent Meta Platforms Cuts Responsible Innovation Team
Group was put in place to address potential downsides of the company's products; Meta says efforts will continue.
EY Leaders Green Light Split Plan
The breakup of Ernst & Young's auditing and consulting businesses will generate windfalls for the firm's partners if successful.
Rivian, Mercedes to Partner on Electric-Van Factory
The companies signed an agreement to establish a European factory dedicated to the production of electric vans.
GM Courts Mainstream Buyers with $30,000 Electric Chevy Equinox
The SUV, slated to arrive in fall 2023, would be among the least-expensive electric vehicles in the U.S.
United to Invest $15 Million in Flying-Taxi Maker
Airline says it will need hundreds of the aircraft to serve what it expects to be a booming market.
(END) Dow Jones Newswires
09-08-22 2115ET
