Bloomberg Boeing Co. plans to extend work on 787 Dreamliner jetliners at its main widebody factory north of Seattle for months after it shutters production there next year and shifts final assembly to South Carolina. The planemaker intends to used the freed up space at the Everett, Washington plant to inspect and repair any defects in the carbon-composite airframes of …

Bloomberg Mitsubishi UFJ Financial Group Inc.’s next banking unit chief vowed to target business in Asia, while signaling the potential for cutbacks in developed markets as plunging interest rates dent profitability. “In Asia, we will pursue growth,” Junichi Hanzawa, 55, told reporters after being appointed president of MUFG Bank Ltd. “In Europe and the US, where interest rates are very …

Bloomberg The Federal Reserve, showing confidence in how banks are weathering the pandemic, gave industry leaders a green light to resume billions of dollars in stock buybacks. Lenders including JPMorgan Chase & Co. and Goldman Sachs Group Inc. said they’ll take the Fed up on its offer. The loosening of restrictions marks a partial but significant win for firms that …