FAA Orders Inspections of Hundreds of Boeing 737 MAX Jets Over Possible Cracks
Cracks were found on some models in a structural reinforcement around one of the plane's doors, the agency said.
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Ford Plans a Four-Door Version of Mustang
The design would be a first for the automaker's "pony car" and possibly broaden its consumer appeal.
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The Hottest App in Retail Is Now Worth $20 Billion
Whatnot, a fast-growing live-shopping platform, has nearly doubled its valuation in less than a year.
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Wendy's Withdraws Outlook, Slashes Dividend as Turnaround Struggles to Take Hold
Wendy's withdrew its outlook and slashed its quarterly dividend, as the company's turnaround struggles to pick up steam.
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Singapore Billionaire Sues Brookfield for Allegedly Aborting Planned Real-Estate Joint Venture
Lim Chap Huat, executive chairman of Singaporean real-estate firm Soilbuild Group Holdings, alleges that Brookfield usurped a property deal that the New York-based asset manager had originally pitched as a collaboration with Soilbuild.
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Dream Finders to Buy Beazer for $915 Million
Dream Finders Homes inked a deal to buy Beazer Homes for about $915 million, following several months of talks.
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Under Armour Lowers Revenue Outlook on Soft Demand
The sportswear brand said that traffic trends weakened as the latest quarter progressed, especially in North America and the Asia-Pacific region, prompting the company to step up its promotional efforts.
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Take-Two Logs Higher Sales but Loss Widens
The video-game company recorded higher sales in its fiscal first quarter but losses widened due to discontinued development of a title in its pipeline.
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SK Hynix to Invest $38 Billion on Expansion of Chip Production Capacity
The memory chip maker is seeking to ramp up output to meet growing demand fueled by the AI boom.
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Meta Ordered to Pay $942 Million to Address Harm to Kids From Social Media
A New Mexico judge ordered the social-media giant to create a new $567 million fund in addition to paying $375 million in previously determined civil penalties.
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Allianz Posts Lower Net Profit Amid Portfolio Reshuffle
Europe's largest insurer by market capitalization booked an 11% rise in group operating profit, reaching a new record as it turns to dealmaking to reshape its portfolio.
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Volkswagen Backer Porsche SE Calls for Faster Overhaul After $3.5 Billion Hit
The German automaker's major shareholder urged swift action to improve competitiveness after impairments on its investment.
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Missouri Court Grants Delay for Bayer's Roundup Settlement Hearing
A hearing to consider the final approval of Bayer's proposed $7.25 billion class settlement over its Roundup weedkiller has been postponed to Sept. 14.
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This Fashion IPO's Growth Story Looks Flimsy
Reformation's edge on quality and value appears to be unproven.
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Monte dei Paschi Weighs Options to Fend Off Intesa Bid
The Italian bank said it is weighing options to preserve its integrity, as its chief executive questioned the impact of Intesa Sanpaolo's $35 billion takeover bid.