Prudential Financial Inc., the second-largest U.S. life insurer, joined a $54 million venture to build an office in Raleigh, North Carolina, as the company invests institutional funds to generate fee income.
Boeing Co., the No. 1 planemaker, said it’s close to sealing the first order for a 737-8 Max airliner in a business jet layout, and that government buyers are showing interest in the new 787 Dreamliner and 747-8 models.
Todd Akin, whose remarks on abortion and rape led fellow Republicans to urge him to quit as the party’s Senate candidate in Missouri, reiterated his vow to stay in the race as authorities investigate threats against him.
T. Boone Pickens, who’s been saying for more than a year that Congress was poised to pass his plan to subsidize natural-gas vehicles, may not have been expecting opposition led by fellow billionaire Charles Koch.