Bloomberg An American Airlines Group Inc. mechanic pleaded guilty to attempted destruction of an aircraft for tampering with a critical flight-monitoring device on a jet in Miami. Abdul-Majeed Marouf Ahmed Alani, 60, entered the plea in federal court in Miami to a single count, the US Attorney for the Southern District of Florida said in a statement. Alani told investigators …

Bloomberg Boeing Co.’s incoming boss David Calhoun faces a daunting task when he takes over as chief executive officer next year: rescuing the 737 Max while mending the company’s fractured relationship with US regulators. But that’s just the first of the hurdles awaiting him. Calhoun, who takes the reins January 13, will be leading a once-proud company whose reputation for …

Bloomberg Saudi Arabia and Kuwait agreed to resume oil production in a shared border region more than four years after halting output. Their agreement allows for “the resumption of oil production from the joint fields,” the Saudi energy ministry said on Twitter. The oil fields in the so-called neutral zone can produce as much as 500,000 barrels a day — …