Also

* Boeing Co. said Spain’s Air Europa agreed to buy 16 of its Next-Generation 737 planes worth a total of $1 billion at list prices.

* Warner Music Group Corp., the world’s third-largest record company, named Todd Moscowitz president of its new Independent Label Group as part of an effort to develop emerging talent.

* Ford Motor Co. has begun offering no-interest loans nationwide on the gasoline-electric hybrid Escape sport utility vehicle amid slowing sales.