The Street
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Business · CupertinoEx-Apple employee sentenced to three years in prison after $17 million fraud scheme. Dhirendra Prasad admitted to conspiracy to commit mail fraud and conspiracy to defraud the United States. Judge also ordered him to pay back $17.4 million in ill-gotten gains.See the Story
Apple employee who defrauded company of millions sentenced to three years in prison
57% Left coverage: 7 sources
Business · New YorkBig banks including JPMorgan Chase & Co. and PNC Financial Services Group Inc. PNC are vying to buy First Republic Bank in a deal that would follow a government seizure of the troubled lender, according to people familiar with the matter.
See the Story
JPMorgan, PNC Bid to Buy First Republic as Part of FDIC Takeover
52% Center coverage: 21 sources
Business · ArlingtonBoeing said Wednesday it will increase output of 737 Max planes to 38 a month later this year, up from 31 a month, despite a production issue affecting some aircraft. It is also planning to raise output of the 787 Dreamliner to five planes a month later this year from a current rate of three.See the Story
Boeing plans to boost 737 Max production to 38 planes per month despite manufacturing snag
61% Center coverage: 13 sources
Bill Gates · LondonMicrosoft Corp.’s $69 billion takeover of Activision Blizzard Inc., suffered a hammer blow after Britain’s antitrust watchdog vetoed the gaming industry’s biggest ever deal, saying it would harm competition on the cloud. Microsoft said it plans to appeal the decision.See the Story
Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard
55% Center coverage: 150 sources
CFO · UnionBed Bath & Beyond filed for bankruptcy protection in New Jersey Sunday. The US home goods retailer warned last year that it had "serious doubt" about surviving. The chain has closed hundreds of stores, cut jobs and taken other steps in recent years in a bid to shore up its finances.See the Story
Bed Bath & Beyond files for bankruptcy protection
60% Center coverage: 290 sources
Business · Los GatosNetflix shares fell Tuesday after the streaming giant posted earnings and said it was pushing back its broad rollout of its password-sharing crackdown. Originally, Netflix said the rollout would take place late in the first quarter, but on Tuesday it said it would do it in the second quarter.See the Story
Netflix delays password-sharing crackdown rollout, posts mixed results
57% Center coverage: 77 sources
Ron DeSantis · OrlandoFlorida Gov. Ron DeSantis (R) said Monday that the state might consider building a prison or potentially another amusement park next to land owned by Disney amid his administration’s ongoing feud with the entertainment giant.See the Story
DeSantis floats building prison on land next to Disney World
39% Left coverage: 114 sources
