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Situational awareness:

  • Indonesia's Lion Air has begun prepping for a domestic IPO, seeking to move past an October crash that triggered the crisis surrounding Boeing's 737 MAX plane. (Bloomberg)
  • The Pentagon has launched an investigation into whether acting Defense Secretary Patrick Shanahan violated ethics rules by favoring his former employer, Boeing. (Axios)
  • Tencent posted its biggest-ever profit decline in its fourth quarter, thanks to higher spending to offset a gaming slowdown. (TheStreet)