Bloomberg Boeing Co told US regulators that it didn’t see the need to undertake a potentially costly fix for a wiring issue on the company’s grounded 737 Max, according to two people familiar with the briefing. The planemaker found in an audit last year of the 737 Max that wires were bundled improperly in a way that could trigger a …

Bloomberg Walmart Inc’s Jetblack, a personal-shopping service for busy urban families, will cease operations on February 21, according to a company spokesman. The brainchild of Walmart’s online chief Marc Lore, Jetblack will be integrated into the parent company’s operations and its technology applied to other parts of the retailer. Nearly 300 employees will be let go as part of the …

Bloomberg Kraft Heinz Co, the iconic food giant created in a merger five years ago, was downgraded to junk by two credit raters, raising fresh worries among investors that a slowing economy could threaten the broader corporate bond market. The packaged-food company was cut one level to BB+ by S&P Global Ratings, following Fitch Ratings last week. It will now …