Boeing urges workers to 'protect the company’s reputation' over holiday break

PUGET SOUND BUSINESS JOURNAL

Boeing has asked workers who make the 737 Max jet at its Renton factory and others to protect the company's reputation over the holiday break.

In an internal memo sent to employees Tuesday, Boeing advised employees to avoid sharing details about the grounded jet, Seattle public radio station KUOW reported.

Earlier this week, Boeing announced it was suspending production at its Renton plant sometime in January after failing to win Federal Aviation Administration recertification of the 737 Max as safe to fly by year's end. read more »

Goldman Sachs may admit guilt, pay $2 billion fine to settle U.S. 1MDB probes

REUTERS

Goldman Sachs Group Inc is in talks with the U.S. government and a state regulator to possibly pay up to $2 billion and admit guilt to resolve investigations into its role in a Malaysia corruption scandal, according to a source familiar with the matter. read more »

Roundup suit lawyer accused of $200 million extortion plot

CBS NEWS

Law enforcement officials have arrested a Virginia lawyer involved in litigation over the health risks of Monsanto's Roundup weed killer product, with prosecutors accusing him of trying to extort an unnamed company into a $200 million consulting fee with his legal firm. read more »

Bank of England executive urged to quit over security breach

THE GUARDIAN

The Bank of England’s chief operating officer should resign immediately after a security breach that gave paying hedge funds early access to Mark Carney’s market-moving press conferences, according to a former member of the Bank’s monetary policy committee.

High-frequency traders could have used the information to gain an advantage over their rivals. Carney’s comments, which are broadcast online, can often move currency and bond markets if they give hints as to the future path of interest rates. read more »