What's News: Business & Finance -- WSJ
14 February 2020 - 8:02AM
Dow Jones News
This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the U.S.
print edition of The Wall Street Journal (February 14, 2020).
Huawei and two of its U.S. subsidiaries were charged with
racketeering and conspiracy to steal trade secrets in a new federal
indictment against the Chinese telecom maker.
A judge ordered the Pentagon to halt work on the JEDI
cloud-computing contract awarded to Microsoft, in a win for
Amazon.
PG&E proposes to pay half its $13.5 billion settlement with
California wildfire victims in the utility company's shares.
GOP senators raised concerns about Shelton's writings and public
statements at a confirmation hearing for the Fed nominee.
Barclays said U.K. regulators are investigating the professional
relationship between CEO Jes Staley and the late Jeffrey
Epstein.
Tesla is facing fresh regulatory scrutiny over its finances as
it looks to raise more than $2 billion from a stock sale.
Airbus is boosting output of its bestselling single-aisle jet,
moving to fill a hole in the market as Boeing's 737 MAX remains
grounded.
U.S. stocks fell, with the Dow, S&P 500 and Nasdaq losing
0.4%, 0.2%, and 0.1%, respectively.
McClatchy, the second-largest U.S. newspaper publisher, filed
for bankruptcy protection.
Canadian National Railway said it would shut down operations in
eastern Canada due to blockades set up by anti-pipeline
activists.
(END) Dow Jones Newswires
February 14, 2020 02:47 ET (07:47 GMT)
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