Defense Contractor L3Harris to Buy Part of Viasat's Government-Systems Unit 

Russia's invasion of Ukraine has sharpened military's focus on cybersecurity. .

Airlines Face a Shortage of New Boeing, Airbus Jets 

Carriers focus on challenges in planning their networks and increasing flights as plane makers juggle supply-chain, other constraints.

BlackRock Names Martin Small as Next CFO 

The financial giant said Mr. Small will succeed Gary Shedlin as its next finance chief, effective next year.

Prosus Drops $4.2 Billion Takeover of India's BillDesk 

The acquisition of Indian payments platform BillDesk would have been the largest-ever takeover for Amsterdam-listed Prosus, which is majority owned by South African holding company Naspers.

Credit Suisse Has No Time to Lose 

The bank risks getting caught in a doom loop as worries flood into a strategic vacuum while investors wait for a new turnaround plan. Management needs to act quickly to break the cycle.

Nexstar Taps Dennis Miller to Lead the CW Network 

The former Sony executive is named CW's president after a deal for the majority stake of television network is completed.

World's Most Expensive Drugs Can't Cure What Ails This Biotech 

Bluebird Bio has received a lot of attention for pricing two FDA-approved gene therapies at around $3 million, but its financial future remains uncertain.

Google Pulls Translation App From China 

Google discontinued its Google Translate service in mainland China citing low usage, marking another retreat by the U.S. tech giant from the country.

Florida's Strengthened Electric Grid Mostly Withstood Hurricane Ian 

Some Florida utilities have invested billions of dollars in strengthening the state's grid, which the companies say prevented far worse destruction.

Fandom Acquires Online Assets of TV Guide, Metacritic and Others 

The entertainment company's $55 million deal follows a wave of consolidation in the publishing world.


(END) Dow Jones Newswires

October 03, 2022 11:15 ET (15:15 GMT)

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