U.S. Drops Probe of Auto Makers in California Emissions Deal 
 

The Justice Department has closed its antitrust investigation of four auto makers that had reached a tailpipe emissions deal last summer with California, said people familiar with the matter.

 
Bank of America Keeps CEO's Pay at $26.5 Million 
 

Bank of America greenlighted a $26.5 million pay package for its top executive in 2019 after the bank's shares marked their best run in years.

 
Airbus in Advanced Talks to Acquire Bombardier Stake in A220 Program 
 

Airbus is in advanced talks to acquire Bombardier's remaining stake in a commercial jet family that the Canadian company once said would transform it into a major global aviation player, people familiar with the matter said.

 
New SoftBank Tech Fund Falls Short of $108 Billion Fundraising Goal 
 

The technology giant will raise far less than anticipated for its next fund after investors, disillusioned by bad bets like WeWork and by the chaotic and unorthodox way the fund operates, have refused to put up new cash, people familiar with the matter said.

 
Mondelez International Under Investigation by European Union 
 

Mondelez International said it is being investigated by the European Union over allegations the company has violated competition law.

 
FedEx to Start Mixing Express, Ground Operations 
 

The delivery company is bringing the two operations closer together to hold down costs in its struggle to adapt to e-commerce shifts.

 
Goldman Private-Equity Push Takes a Hit 
 

The two heads of Goldman Sachs Group's flagship private-investing business quit Friday, the latest senior departures at the firm and ones that threaten to undermine a big fundraising push.

 
AbbVie Gives Strong Adjusted Earnings Growth Guidance for 2020 
 

The biopharmaceutical company has forecast better-than-expected results for 2020 as it works to close its acquisition of Allergan PLC.

 
Ford Names New Chief Operating Officer in Leadership Shake-Up 
 

Ford elevated a longtime marketing executive to the No. 2 job, betting his experience fixing operations in Europe and guiding the company's future technology bets will help reverse a multiyear profit decline.

 
Nokia, Ericsson Shares Rise After U.S. Floats Idea of Buying Stakes 
 

Shares in Ericsson and Nokia rose after the Trump administration floated the idea that the U.S. could buy a stake in either of the telecom-equipment manufacturers.

(END) Dow Jones Newswires

February 07, 2020 19:15 ET (00:15 GMT)