Seven Airlines Close Billions of Dollars in Loans With Treasury 
 

The U.S. Treasury said it has closed loans to seven passenger airlines and joined with the industry to call on Congress to extend more aid to prevent massive job cuts later this week.

 
Boeing to Move All 787 Dreamliner Production to South Carolina 
 

Boeing will set plans this week to consolidate 787 Dreamliner assembly in South Carolina, people familiar with the matter said, ending production of that jetliner in Washington state.

 
NextEra Energy Made Takeover Approach to Duke Energy 
 

NextEra Energy recently made a takeover approach to Duke Energy, according to people familiar with the matter, testing the waters for what would be a $60 billion-plus combination of two southern utilities.

 
Silver Lake Launches New 25-Year Investment Strategy Backed by Mubadala 
 

Abu Dhabi sovereign-wealth fund Mubadala Investment Co. is making an investment in Silver Lake and contributing $2 billion to help the technology-focused private-equity firm launch a new long-term strategy, according to people familiar with the matter.

 
Disney to Lay Off 28,000 Employees as Disneyland's Reopening Unclear 
 

Walt Disney said it would lay off about 28,000 employees at its domestic theme parks, citing continuing restrictions due to the Covid-19 pandemic, particularly its inability to reopen Disneyland in Southern California.

 
Twitter Partner's Alerts Highlight Divide Over Surveillance 
 

Dataminr sells a service to police that monitors Twitter's full feed and sends alerts including tweets about protests-putting the pair at odds with privacy advocates.

 
Bankruptcy Judge Approves Sale of Remington Businesses 
 

Remington Outdoor won court approval of a series of sales that will bring in more than $156 million to its coffers in bankruptcy court amid concerns that the deals will endanger what could be more than $100 million of insurance that could compensate gun victims.

 
Senator Questions Drugmaker Purdue's Bankruptcy Venue Choice 
 

Sen. Tammy Baldwin (D., Wis.) on Tuesday asked Purdue Pharma LP's board to turn over any emails and other information documenting the company's decision to change its New York address for receiving legal documents from Albany to White Plains about six months before filing for chapter 11 last year.

 
Micron Sees Some Flashing Pain 
 

A shift toward NAND flash will weigh somewhat on profits because of pricing pressure and higher costs associated with a new manufacturing process.

 
Kroll Agrees to Pay $2 Million to Settle Allegations It Broke Credit-Ratings Rules 
 

The deal marks the SEC's second such settlement in less than five months.

(END) Dow Jones Newswires

September 30, 2020 05:15 ET (09:15 GMT)