Top Company News of the Day: Boeing, Purdue, Hyundai, Kia

Boeing 737 MAX Victims’ Families Can Seek Compensation for Pain and Suffering, Judge Rules

The aircraft maker has admitted responsibility for the 2019 crash, but has contested factoring victims’ precrash pain and suffering into damages.

Purdue’s Sacklers Win Appeal, Regain Legal Shield Against Opioid Suits

An appeals court has reinstated a Purdue bankruptcy settlement protecting members of the wealthy Sackler family, who haven’t personally filed for bankruptcy, from opioid litigation.

Hyundai, Kia Thefts Continue Months After Fix

The automakers rolled out a software update in February aimed at stopping a surge in vehicle thefts, but the problem continues to plague car owners.

HP and HPE look to AI for future growth as legacy businesses cool

HP Inc. continues to navigate a tough economy, with all eyes on artificial intelligence and a PC rebound later in the year, and HPE posts “solid quarter.”

Sam Bankman-Fried Could Have Some Charges Dropped if Bahamas Objects

The Justice Department said it would drop some of the criminal charges against FTX founder Sam Bankman-Fried if the Bahamas says they violate the terms of his extradition to the U.S.

Ex-Coinbase Manager Settles SEC’s Crypto Insider-Trading Claims

The deal ends a lawsuit closely watched for its focus on which digital assets are securities.

Theranos Founder Elizabeth Holmes Reports to Texas Prison

The entrepreneur starts her 11-year prison term after her conviction for defrauding the blood-testing company’s investors.

Goldman Sachs Prepares Another Round of Layoffs Amid Deal Drought

The financial giant is readying cuts that will impact a range of employees, including managing directors and other senior executives, people familiar with the matter said.

Your Favorite Book Won’t Be Turned Into a TV Show Anytime Soon

Authors whose books are being adapted into movies and TV shows are the latest to be affected by the Writers Guild of America’s strike.

Amtrak’s New $2 Billion High-Speed Acela Fleet Slowed by Century-Old Tracks

Alstom struggles to adjust as the company’s railcars run on a route shared with freight and commuter trains.

Source: Dow Jones Newswires


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