A surge in oil prices on U.S.-Iran tensions leveled off. (WSJ)
Boeing Co. is considering plans to raise more debt to bolster finances strained by the grounding of its 737 MAX. (WSJ)
American Airlines Group Inc. reached agreement with Boeing on compensation for damage from the grounding of the 737 MAX. (WSJ)
Little Caesars Pizza struck a deal with DoorDash Inc. to add delivery to its operations for the first time in its 60-year history. (WSJ)
An affiliate of glass-container manufacturer Owens-Illinois Group Inc. filed for bankruptcy protection under the weight of thousands of asbestos injury claims. (WSJ)
General Motors Co. sales in China fell 15% last year, the auto maker’s biggest ever sales decline in the country. (WSJ)
Ford Motor Co.'s U.S. vehicle sales were off 3.2% in 2019. (WSJ)
Xerox Holdings Corp. says it has secured financing for its unsolicited $33 billion takeover bid for HP Inc. (WSJ)
Pier 1 Imports Inc. plans to close 450 stores after reporting a bigger loss in the retail chain’s fiscal third quarter. (WSJ)
Information chiefs at several U.S. companies say 5G technology has been “overhyped” and is years from having an impact on business. (WSJ)
Two United Parcel Service Inc. drivers were among the five people killed in a multivehicle crash on the Pennsylvania Turnpike early Sunday. (Harrisburg Patriot-News)
British military vessels will resume accompanying U.K.-flagged ships in the Strait of Hormuz. (Lloyd’s List)
Container spot rates from Asia to Europe and the U.S. soared in the final weeks of 2019. (The Loadstar)
Pirates killed four security workers and kidnapped three seafarers from a vessel off the coast of Nigeria. (Seatrade Maritime)
Adani Group’s port business is buying the operator of the Krishnapatnam deep-water port in Eastern India. (LiveMint)
India’s Reliance Industries Ltd. is launching a retail online marketplace called JioMart to compete with Flipkart and Amazon.com Inc. (Indian Express)
Discount retail chain Save A Lot reached a deal with a majority of its lenders to recapitalize the business and reduce its debt. (Progressive Grocer)
Hyundai Motor Co. Ltd. says it will build flying taxis for Uber Technologies Inc. (Reuters)
|