Ford Agrees to Pay $299.1 Million to Resolve Air-Bag Lawsuit 
 

Ford has agreed to pay at least $299.1 million to resolve a class-action lawsuit over its use of defective Takata airbag inflaters in more than 6 million vehicles.

 
Warren Buffett Donates $3.4 Billion of Berkshire Hathaway Stock to Charities 
 

Berkshire Hathaway Inc. Chairman Warren Buffett has donated shares valued at $3.4 billion to five foundations, marking another round in his pledge to donate most of his wealth to charities and philanthropic endeavors.

 
New Research Prompts Selloff in Companies Using Crispr Technology 
 

Shares of companies developing therapies using the gene-editing technology Crispr declined Monday following the publication of research suggesting Crispr could cause far more extensive DNA damage than previously thought.

 
Amazon Website Hit With Glitches as Shoppers Seek Prime Day Deals 
 

Amazon's website and mobile application were plagued by outages as the online retail giant kicked off its annual sales event, Prime Day.

 
Netflix Shares Skid as Subscriber Growth Misses Its Mark 
 

Netflix registered more than a million fewer subscribers than it expected in the second quarter, a sign that the streaming-video site's strong momentum may be slowing. Shares fell 14% in after-hours trading.

 
Former Energy XXI CEO Settles SEC Probe Over Hidden Loans, Perks 
 

The former chief executive of offshore oil and gas driller Energy XXI settled an investigation into more than $10 million in undisclosed loans he took from contractors and a portfolio manager at the firm's largest shareholder.

 
Allied Universal Buying U.S. Security Associates for About $1 Billion 
 

Allied Universal, a provider of facility services and security backed by Wendel, Warburg Pincus and Partners Group, agreed to acquire U.S. Security Associates from Goldman Sachs Merchant Banking Division.

 
Boeing and Airbus Land $43 Billion Worth of Airliner Orders 
 

The deals boost pressure on both plane makers to ramp up production further even as supply-chain bottlenecks that have hampered output this year.

 
Whirlpool Wanted Washer Tariffs. It Wasn't Ready for a Trade Showdown. 
 

Trade barriers can ricochet through an economy in ways even proponents don't expect, as shown by washers, among the first consumer products targeted. The protection against overseas competitors has been more than negated by subsequent metals tariffs. Prices are up and demand is softening.

 
FCC Head Has Concerns With Sinclair-Tribune Media Deal 
 

A top federal communications regulator said he had "serious concerns" about Sinclair Broadcast's $3.9 billion acquisition of Tribune Media.

(END) Dow Jones Newswires

July 16, 2018 21:15 ET (01:15 GMT)