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.

 
Madison Square Garden Entertainment to Acquire MSG Networks 
 

The deal, valued at more than $900 million, reunites the two companies and aims to tap into the rise of sports gambling.

 
WeWork Plans to Go Public in $9 Billion SPAC Merger 
 

WeWork has agreed to merge with a special-purpose acquisition company, in a deal that would take the shared-office provider public nearly two years after its high-profile failure to launch a traditional IPO.

 
Voting-Machine Company Dominion Sues Fox News Over Election Claims 
 

Dominion Voting Systems is seeking $1.6 billion in damages for what it alleges were defamatory on-air comments about the company's products in the aftermath of the presidential election.

 
ThredUp Fetches $1.3 Billion Value in IPO 
 

Shares of ThredUp opened 30% above the listing price in their market debut, the latest e-commerce company to go public this year following Poshmark and Mytheresa.

 
Startups Axios and the Athletic Discuss Merger, Consider SPAC Deal 
 

The potential combination would create a larger portfolio of digital publishers and be the latest example of a company going public through a blank-check firm.

(END) Dow Jones Newswires

March 26, 2021 19:15 ET (23:15 GMT)