SAP Admits Iran Sanction Violations to Justice Department

The German software company admitted it provided millions of dollars in software to Iran between 2010 and 2017, becoming the first company to benefit from a Justice Department program that encourages companies to self-report criminal export violations in exchange for leniency. 


 
AstraZeneca Struggles With Data Needed for Covid-19 Vaccine's Approval

The drugmaker is grappling with delays in its efforts to seek U.S. authorization for its shot, with FDA signoff seen as critical to vaccine drives around the world. 


 
Boeing's Latest 737 MAX Problem Spurs FAA Audit

The Federal Aviation Administration is reviewing how a minor change in Boeing production led to a new safety issue for the 737 MAX jet, following a nearly two-year grounding. 


 
Amazon Avoids Recovery Blues

E-commerce growth accelerated and profits soared, even in comparison to last year's pandemic boost. 


 
Endeavor Shares Rise in Market Debut

The entertainment company's shares rose 12.5% in their market debut, capping off a two-year effort to go public. 


 
Pork Plants Face Slower Hog Slaughter After Court Ruling

The U.S. pork industry faces a new speed limit on hog slaughtering after a court ruling that worker groups welcomed and industry officials warned could disrupt farmers and processing plants. 


 
Twitter stock sinks as revenue, earnings beat but user numbers miss expectations

Twitter reported increased quarterly revenue on the strength of ad sales, but its user numbers fell 1 million short of analyst expectations. 


 
Gilead stock falls as COVID-19 drug sales dwindle

Gilead Sciences Inc. reports a mixed quarter late Thursday, with sales below Wall Street expectations even as sales of its antiviral drug used to treat COVID-19 came in above forecast. 


 
Purdue Law Firms to Waive $1 Million in Fees Over Sackler Defense Disclosures

Justice Department bankruptcy watchdogs said three law firms failed to disclose an information-sharing agreement with Purdue's Sackler family owners. 


 
Luxury Retailer Tapestry Names VF Executive as CFO

Luxury retailer Tapestry Inc. has hired VF Corp. executive Scott Roe to lead its finance department.

(END) Dow Jones Newswires

04-29-21 2115ET