Suez Canal Crisis Sends Shipping Lines Scrambling for Alternatives
The industry is rerouting ships and forecasting delays and congestion at ports in the longer term.
News Corp Nears Deal to Buy Houghton Mifflin Harcourt's Consumer-Publishing Arm
The deal would add a portfolio of high-profile novels from authors such as George Orwell, Philip Roth and J.R.R. Tolkien to News Corp's HarperCollins Publishers division.
CM Life Sciences II SPAC Nears Deal to Combine With SomaLogic
The special-purpose acquisition company focused on life sciences is nearing a deal that would value the protein-analysis company at around $1.25 billion.
Ex-Tiger Asia Founder Triggers $30 Billion in Large Stocks Sales
ViacomCBS and Discovery stocks fall, as ex-Tiger Asia founder Bill Hwang's firm takes losses.
'Last Mile' Hubs Raise Concerns in Brooklyn Neighborhood
Amazon and UPS have plans to open package-distribution centers in the waterfront Red Hook enclave, promising jobs but also generating traffic fears.
Monarch Bets $600 Million That Bankrupt Travel Assets Will Recover
Monarch Alternative Capital LP is betting roughly $600 million in three bankruptcy cases that the travel industry will bounce back from the coronavirus pandemic.
Boeing Resumes 787 Dreamliner Deliveries
The plane maker's Dreamliner delivery to United Airlines on Friday marked its first since production problems prompted a halt in October.
Eritrea Withdraws From Ethiopia's Restive Tigray Region
The move could mark a turn in the nearly five-month conflict or simply a tactical retreat in the face of international pressure.
U.S. Condemns Chinese Boycotts of Companies Shunning Xinjiang Cotton
The Biden administration said it stood with businesses that have forsworn cotton produced in the region where Chinese authorities operate internment camps, which Beijing has denied are used for forced labor.
VW to Seek Damages From Former CEO in Diesel Scandal
Volkswagen said it would seek compensation from former CEO Martin Winterkorn and the former CEO of its Audi luxury car unit, Rupert Stadler, for damages suffered in the wake of the diesel scandal that has cost the German car maker more than $35 billion in damages and fines.
(END) Dow Jones Newswires
03-28-21 2115ET
