Boeing CEO Dave Calhoun to Step Down in Wake of 737 MAX Struggles

Calhoun is set to leave his post at the end of the year. Boeing said its chairman won't stand for re-election. 


 
Fisker Says Talks With Automaker Have Ended

Fisker said its negotiations for a tie-up with a large automaker have broken down, heightening concerns about the EV startup's financial situation. 


 
MSNBC's Joe Scarborough and Mika Brzezinski Condemn Hiring of Ronna McDaniel

The "Morning Joe" hosts are the latest NBC News journalists to object to the addition of the former RNC chairwoman. 


 
Vista Outdoor's stock rises on boosted $3 billion acquisition offer

MNC ups its take-private price to $37.50 a share from $35 a share. 


 
Ericsson to Cut 1,200 Jobs in Sweden Due to Lower Volumes

The Swedish telecommunications-equipment company said it expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious. 


 
China reportedly seeks to block Intel, AMD and Microsoft tech from being used in government computers

Beijing has introduced new procurement guidelines that seek to promote use of Chinese tech 


 
Lufthansa's Stake Acquisition in ITA Airways Could Stifle Competition, EU Says

The European Union said Deutsche Lufthansa's acquisition of a minority stake in ITA Airways, the Italian carrier formerly known as Alitalia, could hinder competition for certain routes in and out of Italy. 


 
Novo Nordisk to Expand Cardio Push with German Buy

Novo Nordisk said it will acquire Cardior Pharmaceuticals for more than $1 billion as the Wegovy maker moves to strengthen its pipeline of drugs to treat cardiovascular disease. 


 
PetroChina Posts Record Profit, but Revenue Misses Estimates

Chinese state-controlled oil company PetroChina said its annual profit rose to a record due to lower operating expenses, but revenue fell on weaker oil prices. 


 
Apple, Meta, Google Probed by EU Under New Law

The investigations add to regulatory headaches for U.S. tech companies under growing scrutiny worldwide.


(END) Dow Jones Newswires

03-25-24 1115ET