Nation & World
Boeing lands a big order
Boeing won an $8.5 billion order from Japanese lessor SMBC Aviation Capital as Asian aircraft-leasing companies bet on demand for new planes to serve the region’s travel growth. The order is for 80 737 Max 8 models for delivery between 2018 and 2022, the lessor said in a statement in Tokyo Monday. The contract value is based on list prices and purchasers usually get a discount. The deal is the largest single order of 737 Maxs by a lessor, according to the statement.
Feds speed up Dynegy deal
Duke Energy said Monday that the Justice Department and Federal Trade Commission have granted early termination of the waiting period tied to the $2.8 billion sale of its non-regulated Midwest commercial generation business to Dynegy Inc. The deal, announced in August, includes Duke’s retail business in Ohio and ownership interests in 11 power plants. The transaction is expected to close by the end of 2015’s first quarter. It still needs approval from the Federal Energy Regulatory Commission.
Emails raise more questions about GM recalls
Emails released in a court case show that General Motors Co. ordered a half-million replacement ignition switches nearly two months before telling the government that its small cars should be recalled because the switches were defective. The emails, released Monday by Texas personal injury attorney Robert Hilliard, once again raise questions about what GM knew about the defective switches and when, and how forthcoming the company was in congressional testimony and an investigation. GM says it is standard procedure to start the parts-ordering process before a recall decision is made.
Online sale kicks off Target holiday push
Target wants to extend Black Friday well before Thanksgiving. The Minneapolis-based retailer is kicking off its holiday push with a one-day online sale Monday that will last from noon to midnight time with nine items that can be ordered online and picked up at stores. Target Corp. also is giving early access to some of the deals reserved for the holiday kickoff by holding a pre-sale on a handful of Black Friday deals at its stores and online Nov. 26, the day before Thanksgiving.
AP to FBI: Don’t impersonate us again
The Associated Press on Monday demanded assurances from the Justice Department that the FBI will never again impersonate a member of the news media, following revelations that an agent in Seattle portrayed himself as an AP journalist as part of a criminal investigation. In a letter to Attorney General Eric Holder and FBI Director James Comey, the president and CEO of the news cooperative, Gary Pruitt, also demanded to know who authorized the 2007 impersonation, what process was followed for its approval and whether such operations are still being carried out.
Google battles Ebola
Google is launching a campaign to help fight Ebola by contributing $2 for every dollar people donate to a slew of nonprofits such as Save the Children and the Doctors Without Borders. In addition, the company is also giving $10 million to support nonprofits as they work to contain the disease, which has killed nearly 5,000 people so far. Separately, Google Inc. CEO Larry Page’s Family Foundation is donating another $15 million.
• McDonald’s is recalling a Hello Kitty-themed whistle given to children in Happy Meals, citing a chance they could choke on some of its parts.
• The Takata exploding air bags controversy continues to grow with Nissan reporting to the National Highway Traffic Safety Administration that it will recall 52,000 more vehicles to fix the problem.
Bloomberg News Source, The Associated Press and Los Angeles Times contributed.