Boeing Reaches Deal With 737 MAX Engine Suppliers 
 

Boeing has agreed to cover payments for jet engines made for its grounded 737 MAX, easing the burden of the production delay on supplier GE.

 
U.S. Auto Makers Start Flying in Parts as Virus Threatens Supply Chain 
 

Auto parts shortages on everything from electronics to brake pads could soon hit North American vehicle factories due to the coronavirus outbreak.

 
FCC Probe Finds Mobile Carriers Didn't Safeguard Location Data 
 

The Federal Communications Commission is seeking hundreds of millions of dollars in fines from top carriers that it found failed to safeguard information about customers' real-time locations, according to people familiar with the matter.

 
Makers of Wipes and Hand Sanitizers Step Up Production as Coronavirus Spreads 
 

Makers of household cleaning products from Purell hand sanitizer to Lysol wipes are boosting production as they brace for a surge in demand due to the spread of coronavirus.

 
Thyssenkrupp to Sell Elevator Unit in $18 Billion Private-Equity Deal 
 

Thyssenkrupp said it would sell its lucrative elevators business to a group led by Advent International and Cinven Ltd. for $18.9 billion, in one of Europe's largest private-equity deals.

 
WPP Shares Plunge on Ad Giant's Gloomy Outlook 
 

Shares of WPP PLC plunged to their lowest level in almost a decade after the world's largest advertising company said sales would be flat for 2020, adding more pressure on Chief Executive Mark Read.

 
Saks Owner to Go Private After Shareholders Approve Bid 
 

Shareholders voted to approve an offer to take the company private, agreeing to sell their stock to investors including Hudson's Bay Executive Chairman Richard Baker.

 
Psychedelics-Drug Startup Raises $24 Million Ahead of IPO 
 

Mind Medicine Inc., maker of an experimental psychedelics-derived drug therapy backed by Shark Tank's Kevin O'Leary, closed a $24.2 million funding round ahead of plans to go public next week.

 
Best Buy Posts Strong Holiday Sales 
 

Comparable sales increased 3.2% during the quarter ended Feb. 1, marking 12 consecutive quarters of sales growth. In the U.S., online sales grew nearly 19% due to high average order values and more shoppers buying online.

 
DoorDash Files for IPO 
 

The move sets up DoorDash to go public as soon as this spring, in what could be one of the first marquee IPOs of the year.

 
 

(END) Dow Jones Newswires

February 27, 2020 15:15 ET (20:15 GMT)

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