Banks Fined $1.8 Billion Over Use of Banned Messaging Apps

Eleven banks and brokerages, including Goldman Sachs and Bank of America, admitted they violated rules that require storage of written communications. 


 
Cal-Maine says avian flu could continue to hit egg supplies after this year

Shares of Cal-Maine Foods Inc. reports mixed quarterly results and warns that the avian flu outbreak will continue to hit egg supplies this year "and possibly beyond." 


 
Airfares in Focus as American-JetBlue Antitrust Trial Begins

The Justice Department says internal company documents show the airlines' partnership in the Northeast hurts competition, but the carriers say real-world evidence is in their favor. 


 
Blackberry stock slips even as results come in above expectations

BlackBerry Ltd. shares slipped in the extended session Tuesday even after the cybersecurity and IoT company's results exceeded the Wall Street consensus. 


 
Tyson Foods Promotes Chairman's Son to CFO Role

Tyson promoted the chairman's son to be its new finance chief as the meat producer navigates higher costs for worker wages and animal feed. 


 
Goldman Sachs Banks $9.7 Billion for Buyouts

Goldman Sachs's asset-management arm collected $9.7 billion for its latest private-equity fund to invest in buyouts after almost two years of raising capital for the vehicle. 


 
Meta Shuts Down Influence Efforts Started in China, Russia

The Facebook parent removed separate networks that were running covert influence campaigns related to U.S. politics and the war in Ukraine. 


 
Cracker Barrel Profit Falls as Inflation Weighs on Customers

The restaurant chain says weak summer travel, fewer older guests and inflation-weary customers crimped sales. 


 
Celsius CEO Alex Mashinsky Steps Down

The crypto lender, which filed for bankruptcy in July, said it had more than $20 billion in assets at its peak. 


 
Oracle to Settle SEC Foreign Bribery Charges For the Second Time

Oracle Corp. agreed to pay more than $23 million to settle allegations it violated antibribery laws, the Securities and Exchange Commission said.


(END) Dow Jones Newswires

09-27-22 2115ET