Boeing CEO Dave Calhoun to Step Down in Wake of 737 MAX Struggles

Calhoun is set to leave his post at the end of the year. Boeing said its chairman won't stand for re-election. 


 
Fisker Says Deal Talks End, Adding Pressure to EV Maker

The negotiations were critical to giving the California company a lifeline to stave off bankruptcy. Shares traded below a dime. 


 
FTX to Sell Two-Thirds of Anthropic Stake for $884 Million

An Abu Dhabi investor would buy shares for $500 million in the AI startup from the bankrupt cryptocurrency exchange. 


 
MSNBC's Joe Scarborough and Mika Brzezinski Condemn Hiring of Ronna McDaniel

The "Morning Joe" hosts are the latest at NBC to object to the addition of the former RNC chairwoman. 


 
Vista Outdoor's stock rises on boosted $3 billion acquisition offer

MNC ups its take-private price to $37.50 a share from $35 a share. 


 
Qualcomm Abandons Bid to Buy Autotalks, FTC Welcomes Decision

The U.S. mobile-phone chip maker had signed the deal in May 2023 to strengthen its portfolio of Snapdragon chips for auto makers, but the proposed takeover faced competition probes from the U.S. Federal Trade Commission and U.K. regulators. 


 
Consumer Credit Lender CURO Files for Bankruptcy

The company expects to reduce its debt by $1 billion and yield annual cash interest savings of $75 million through restructuring. 


 
Ericsson to Cut 1,200 Jobs in Sweden Due to Lower Volumes

The Swedish telecommunications-equipment company said it expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious. 


 
China reportedly seeks to block Intel, AMD and Microsoft tech from being used in government computers

Beijing has introduced new procurement guidelines that seek to promote use of Chinese tech 


 
China's Battery Champion Says Geopolitical Tensions Won't Derail U.S. Expansion

The chairman of China's battery-making champion said it is in talks with Tesla and other automakers to license its technology in the U.S., as the company sets its sights on expanding in the U.S. market.


(END) Dow Jones Newswires

03-25-24 1315ET