Dow Jones Top Company Headlines at 5 PM ET: Boeing in Tentative Agreement to Pay $1.1 Billion to Avoid Trial for 737 MAX Crashes | Salesforce ...

Dow Jones
2025/05/24

Boeing in Tentative Agreement to Pay $1.1 Billion to Avoid Trial for 737 MAX Crashes

The Justice Department expects to file a motion to dismiss Boeing's case by the end of next week.

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Salesforce Back in Deal Talks With Informatica

The two companies had been close to clinching a deal in 2024.

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Booz Allen Cuts 2,500 Consulting Jobs as Trump Cracks Down on Federal Spending

The company, which makes most of its money from government-related work, expects to trim 7% of its workforce. Shares fell 16.5%

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‘It's Time for Nuclear' to Meet Growing U.S. Power Needs, Trump Declares

The administration expects nuclear reactors to be tested and deployed within the president's term.

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Fate of U.S. Steel Takeover in Trump's Hands

Japan's Nippon Steel has pitched a new American plant and billions of additional investments to clinch support for a deal.

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Trump Threatens Fresh Tariffs on EU, iPhones and Rival Devices

President Trump fired new salvos in the global trade war, threatening a 50% tariff on imported goods from the European Union and new duties on iPhones and other smartphones made overseas.

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McDonald's Bids Goodbye to CosMc's, Its Space Alien-Themed Spinoff

Burger chain pulls the plug on beverage-themed offshoot; plans to test drinks in regular locations

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RedBird Strikes $670 Million Deal for Britain's Telegraph Newspaper

The deal ends lengthy saga to find a new owner of the London-based media group.

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Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin

Discussions involve companies co-owned by JPMorgan and others, as lenders brace for the possibility that stablecoins could siphon away deposits and transactions.

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What the Era of ‘Sovereign AI' Means for Chip Makers

As Nvidia and others strike deals with sovereign nations, their business will become politicized as never before.

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Chinese Drugmaker's Shares Jump in Strong Hong Kong Debut

Shares of Jiangsu Hengrui Pharmaceuticals soared Friday morning, as more companies seek to tap Hong Kong's capital markets.

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Oaktree in Takeover Talks With Superior Industries

The top lender, advised by law firm Paul Weiss, is in discussions to take over the aluminum wheel maker struggling with auto parts tariffs.

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America's Sports Betting Boom Is About to Backfire

For every dollar in gambling tax revenue, U.S. states spend under a penny on problem gambling. The gaming industry spends even less. Millions of gamblers are at their mercy.

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Hinge Health Goes Public, Delivering Much-Needed Win for Digital-Health Startups

The NYSE debut is the first major IPO for a venture-backed digital-health company since the pandemic-era boom.

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Rooftop Solar Takes Gut Punch in House Tax Bill

The bill sunsets renewable energy credits, as expected, but includes more stringent provisions and rollback dates that were seen as especially bleak for rooftop solar.

 

(END) Dow Jones Newswires

May 23, 2025 17:00 ET (21:00 GMT)

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