(Bloomberg) — US lawmakers struck a deal to exempt two Boeing Co. 737 Max models from a new cockpit requirement set to take effect next week, a victory that will help the planemaker avoid an expensive redesign and potentially lengthy certification delays.
South African President Cyril Ramaphosa emerged from a ruling party electoral conference with a stronger mandate, yet still has to overcome a series of political hurdles to tackle a daunting economic to-do list.
Amazon.com Inc. settled European Union antitrust investigations over how the U.S. ecommerce giant allegedly abused rivals’ sales data to unfairly favor it own products and squeeze out other traders on its platform.
Germany rejected a claim that it plans to buy Russian oil early next year, saying that it will instead import crude oil from Kazakhstan.
US lawmakers have agreed to a $1.7 trillion funding bill and plan to ram the compromise legislation through the House and Senate this week to avert a Dec. 24 government shutdown.
Finland’s government proposed temporary grants to help households struggling with high power bills.
Legislation reducing the disparity in cocaine sentencing was left out of a must-pass government funding bill, after the Justice Department took executive action last week to end the disparity that disproportionately affects Black defendants.
Wells Fargo & Co. agreed to a $3.7 billion settlement with the Consumer Financial Protection Bureau over illegal activity that affected over 16 million accounts, according to an agency statement.
A pair of Morgan Stanley executives who were on its block-trading desk have departed the firm after being placed on leave and left in limbo amid a US probe into their group’s work.
New US home construction continued to decline in November and permits plunged as high borrowing costs paired with widespread inflation eroded housing affordability and demand.
