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American Airlines Delays Pile Up After Technical Issue
The airline had briefly halted all flights on a high-pressure day due to holiday travel.
Nippon’s U.S. Steel Acquisition Plan Referred to Biden for Review
The Japanese company urged Biden to reflect on the steps it has taken to address national security concerns.
Banks Sue Federal Reserve Over ‘Lack of Transparency’ in Stress Testing
The Fed said Monday it planned to review the stress-testing regime for banks and planned to seek public comment on planned changes.
Swiss Airbus Jet Makes Emergency Landing in Austria
One crew member was in intensive care after engine problems and smoke in the cabin and cockpit forced the landing, the airline said.
Party City Shutdown Hastened by Lower Inventory Valuation
Retail chain Party City said a controversial inventory valuation has accelerated the company’s collapse in its second bankruptcy in less than two years.
Business Ownership Reporting Deadline Extended Following Appeals Court Reversal
The ruling comes as the Corporate Transparency Act has been on a rollercoaster ride in recent weeks.
Bahamas Resort Contractor CCA Files for Bankruptcy Facing $1.6 Billion Judgment
Subsidiary China State Construction Engineering has been in legal proceedings with the former developer of Baha Mar for years.
DexCom, Abbott Agree to Settlement in Patent Litigation
The companies have been involved in global patent litigation, with each accusing the other of infringing certain patents, and each filing counterclaims and actions seeking to invalidate the other party’s patents.
CFPB Sues Rocket Homes Over Alleged Kickbacks
The lawsuit alleged that the real estate company incentivized brokers and agents to steer homebuyers to the mortgage division of its parent company, Rocket Mortgage.
J.P. Morgan Asset Management Quietly Appoints New Head of U.S. Equity
Jonathan Sherman, a 20-year JPMorgan Chase veteran, succeeds Lee Spelman, who has assumed a senior advisory role.
(END) Dow Jones Newswires
December 25, 2024 07:15 ET (12:15 GMT)
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