Boeing Finds New Problem With 737 MAX Fuselages

Boeing says it will have to fix misdrilled holes on about 50 new 737 jets, likely delaying deliveries to airlines. 


 
CNN Overhauls Its Morning Lineup in Latest Shake-Up

Production of 'CNN This Morning' is moving from New York to Atlanta, a shift for the news network. 


 
Restaurant Giants Cite Misinformation Over Israel-Hamas War for Sales Hit

McDonald's weakness in Middle East is offset by higher U.S. sales in the fourth quarter, which were boosted by menu prices and promotions. 


 
Snap to Lay Off 10% of Workers

Snap said it plans to reduce its workforce by about 10% to trim costs as the Snapchat parent company grapples with a soft advertising market. 


 
Gap Taps Fashion Designer Zac Posen as Creative Director

The retailer is trying to reignite creativity after years of slumping sales. 


 
Merck to Buy Elanco's Aqua Business for $1.3 Billion

Merck struck a deal to buy Elanco Animal Health's aqua business in a deal that expands the drugmaker's animal-health business. 


 
Tyson Foods' stock soars 4% after profit beat offsets fifth straight sales miss

The parent of food brands Tyson, Hillshire Farm, Jimmy Dean and Ball Park beat profit estimates for its fiscal first quarter, overshadowing a fifth straight sales miss. 


 
Caterpillar's stock rises toward a record after another big profit beat

Sales rose above forecasts due to higher pricing, strength in the energy and transportation business. 


 
Estée Lauder stock soars toward best day in 13 years after earnings, job cuts

Estée Lauder's stock soared Monday, after the beauty-products company reported fiscal second-quarter profit that beat expectations by a wide margin, and said it would cut up to 5% of its workforce. 


 
Wegovy Maker to Boost Production Capacity With Multibillion-Dollar Deal

Novo Nordisk's controlling shareholder buys Catalent, one of the world's largest drug contract manufacturers, for $16.5 billion, including debt.


(END) Dow Jones Newswires

02-05-24 1515ET