Subscribe: WSJ.com: Business
http://www.wsj.com/xml/rss/3_7148.xml
Added By: Feedage Forager Feedage Grade A rated
Language: English
Tags:
activist investor  activist  aerospace  billion  business  company  corp  deal  investor  largest  new  oil  retail  world’s largest 
Rate this Feed
Rate this feedRate this feedRate this feedRate this feedRate this feed
Rate this feed 1 starRate this feed 2 starRate this feed 3 starRate this feed 4 starRate this feed 5 star

Comments (0)

Feed Details and Statistics Feed Statistics
Preview: WSJ.com: Business

WSJ.com: Business



Business



Last Build Date: Sat, 27 May 2017 00:33:21 EDT

Copyright: copyright © 2017 Dow Jones & Company, Inc.
 



Chairman of Meatpacker at Center of Brazil Corruption Probe Resigns

Fri, 26 May 2017 22:40:14 EDT

The chairman of the world’s largest meat producer, JBS SA, stepped down Friday, weeks after telling prosecutors his company bribed Brazilian politicians, including President Michel Temer, in exchange for taxpayer-subsidized loans and other favors.



Anadarko's Colorado Operations Draw Criticism After Second Deadly Blast

Fri, 26 May 2017 19:39:17 EDT

A second deadly accident in Colorado involving Anadarko Petroleum Corp. is spurring criticism of the company’s oil and gas operations in the state.



NASA's Latest Capsules Expected to Pose Greater Risks Than Projected

Fri, 26 May 2017 23:08:22 EDT

NASA’s next-generation manned spacecraft, initially envisioned to be roughly 10 times safer than the retired space shuttle fleet, will fall significantly short of that goal, according to industry and former agency officials.



Trump's Fix for Post Office's Deep Losses: Cut Back Saturday Delivery

Fri, 26 May 2017 16:33:00 EDT

President Donald Trump’s proposed budget would let the U.S. Postal Service cut back on delivery days, a move that helps the unprofitable agency save money while putting it at odds with longstanding congressional demands.



Newell Continues Reshaping Itself by Punting Its Winter Sports Business

Fri, 26 May 2017 11:01:24 EDT

Newell Brands reached a deal to sell its Winter Sports Business to private-equity firm Kohlberg for about $240 million, in its latest move to pare down its portfolio.



Caesars, Exiting Bankruptcy, Seeks Growth Beyond Gambling

Fri, 26 May 2017 14:12:52 EDT

The casino giant, close to wiping out $10 billion in debt, faces a shifting market.



UPS, China's S.F. Express Plan Special Delivery Business

Fri, 26 May 2017 11:41:05 EDT

United Parcel Service and its largest Chinese counterpart are planning a joint venture as they look to rising demand for deliveries from China to the U.S.



Best Buy Defies Slump in Retail

Fri, 26 May 2017 09:46:21 EDT

Best Buy, the electronics giant left for dead a few years ago, is bucking America’s retail slump by turning its cavernous stores from a potential drag on its business into a way to fend off Amazon.



Viacom Networks to Return on Suddenlink Communications

Thu, 25 May 2017 22:12:07 EDT

Viacom Inc.’s television networks will make at least a limited return to the lineup of Suddenlink Communications, ending a more than two-year dispute over costs to carry the media giant’s channels.



Startup's Rocket Reaches Space, but Falls Short of Orbit

Fri, 26 May 2017 12:35:31 EDT

RocketLab, a startup widely seen as a trailblazer for frequent, ultralow-cost access to space, failed to reach orbit on its first flight.



Activist Investor's Pressure Builds on BHP Over Energy

Fri, 26 May 2017 09:01:57 EDT

The clash between BHP Billiton Ltd. and activist hedge fund Elliott Management Corp. is narrowing to one issue that could determine the future of the Anglo-Australian mining giant: Should it remain in the oil and gas business?



GM Sued by Diesel Truck Owners Over Emissions

Thu, 25 May 2017 15:42:08 EDT

General Motors Co. was accused in a lawsuit by owners of diesel-powered trucks of using illegal emissions software that allowed the vehicles to bypass government emissions tests and pollute far beyond legal limits on the road.



Saudi Aramco Struggles to Disengage From Royal Family's Whims

Fri, 26 May 2017 13:06:02 EDT

The kingdom is hoping to launch what would be the world’s largest IPO, but first it has to decide whether the oil giant will continue as a de facto arm of the monarchy.



Each Cigna Employee to Get Five Shares

Thu, 25 May 2017 10:00:04 EDT

Cigna plans to give every employee five shares of stock, an unusual move that the company said was aimed at bolstering employee commitment as it moves ahead after the demise of its merger deal with Anthem.



Coal Mines Reimagined as New Power Source

Fri, 26 May 2017 01:57:21 EDT

Coal-mine companies in the U.S. and Germany are trying to turn their old mines into enormous power-storage systems, using century-old technology to keep the lights on when a shortage of wind or sun makes new technologies inadequate.



BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks

Thu, 25 May 2017 10:06:41 EDT

Two of the world’s largest asset managers are strongly considering a public rebuke to Exxon Mobil over climate change at the company’s annual meeting next week.



GE Chief Adds Some Caution to 2018 Profit Goal

Wed, 24 May 2017 14:01:34 EDT

Jeff Immelt, General Electric Co.’s chief, said the conglomerate would likely need additional cost cuts to reach a closely watched 2018 profit target, given current struggles in global oil and gas markets.



Investor Loeb to Seek Changes to Dow-DuPont Post-Merger Plan

Wed, 24 May 2017 17:10:12 EDT

Activist investor Dan Loeb plans to publicly push for changes to the complicated combination and breakup of Dow Chemical and DuPont, according to a presentation reviewed by The Wall Street Journal.



J.Crew's Mickey Drexler Confesses: I Underestimated How Tech Would Upend Retail

Thu, 25 May 2017 06:29:25 EDT

The retail legend didn’t understand how speed and price would drive internet shoppers. After 10 quarters of falling sales, the brand wants to create a more accessible image and add digital marketing.



France's Safran Cuts Offer for Zodiac Aerospace by About 15% to $8.2 Billion

Wed, 24 May 2017 17:09:03 EDT

French aerospace supplier Safran said it cut its bid price for Zodiac Aerospace about 15% to about $8.2 billion after renewed profit headwinds came to light at the beleaguered plane cabin-interior specialist.



Chinese Car Maker Geely Expands Fleet With Lotus, Proton Deals

Wed, 24 May 2017 17:39:40 EDT

The Chinese auto maker that owns Volvo Cars plans to acquire a large stake in the Malaysian parent of Lotus—and a majority of the British sports-car brand itself—as it looks to further extend its global reach.



Health-Tech Startups Pivot as Obamacare Uncertainty Mounts

Thu, 25 May 2017 07:23:57 EDT

Many health-technology startups are revamping their business strategies and others are finding it tougher to attract fresh capital amid the prospect of repeal of the Affordable Care Act.



CF Corp to Buy Fidelity & Guaranty Life

Wed, 24 May 2017 10:50:47 EDT

An acquisition company created by a former Blackstone Group partner and Fidelity National Financial’s chairman reached a deal to buy life insurance provider Fidelity & Guaranty Life in an all-cash deal worth about $1.84 billion.



Gillette Faces New Attack From an Old Razor Rival

Wed, 24 May 2017 16:04:41 EDT

Edgewell Personal Care Co., maker of Schick, the No. 2 U.S. razor brand, is mounting a direct challenge to the Procter & Gamble unit with an online subscription service that sells blades that fit on a Gillette handle but cost less.



Honeywell to Decide on Aerospace Spinoff by the Fall

Tue, 23 May 2017 16:13:39 EDT

Honeywell International will decide whether to break off its aerospace division by the fall and it continues to work with advisers after activist Third Point made a public push last month for a spinoff.



AT&T's Vision of TV: 'Game of Thrones' in Mobile-Size Bites?

Tue, 23 May 2017 15:59:52 EDT

The CEO of AT&T, which hopes to acquire Time Warner, outlined a plan for TV that includes mobile-friendly programming and targeted advertising.



Why OPEC Wants to Extend Oil Cuts: Aramco's Coming IPO

Wed, 24 May 2017 08:16:00 EDT

Saudi Arabia is pushing the OPEC oil cartel and other big producers to extend crude production cuts for another nine months to give a boost to the coming IPO of Saudi Arabian Oil Co.



Arconic's Challenges Remain Despite Elliott Settlement

Tue, 23 May 2017 14:31:54 EDT

The settlement reached between Arconic and Elliott Management puts an end to a big distraction, but it doesn’t change the aluminum-products maker’s tough task of meeting aggressive sales and profit goals set by the activist investor.



Target to Pay $18.5 Million to Settle Massive 2013 Data Breach

Tue, 23 May 2017 14:42:39 EDT

Target Corp. on Tuesday agreed to pay $18.5 million to resolve an investigation by state prosecutors into its massive 2013 hack, a deal that represents the largest multi-state data breach settlement in history.



Alexion's Shakeup Continues as Four Executives Exit

Tue, 23 May 2017 13:43:12 EDT

Alexion Pharmaceuticals Inc.’s new chief executive is reshaping the top ranks of the organization following an internal investigation into sales practices.



Can Ford's New Chief Pull Off Another Michigan Miracle?

Tue, 23 May 2017 12:49:28 EDT

Jim Hackett made his mark as a change agent by recruiting football coach Jim Harbaugh to Michigan in 2014.



Simon Property Group to Invest $1 Billion to Redevelop Mall Assets

Tue, 23 May 2017 12:33:34 EDT

Shopping mall landlord Simon Property Group plans to invest an additional $1 billion to redevelop its properties for the modern retail age.



Sears Pushes Back Debt Payments

Tue, 23 May 2017 11:07:43 EDT

Sears Holdings Corp. said Tuesday that it had reached an agreement to extend the maturities for some of its debt.



China and Russia Take on Airbus and Boeing With New Plane

Tue, 23 May 2017 09:37:53 EDT

China and Russia have joined forces to build a large passenger airliner designed to challenge Airbus and Boeing, in the latest sign of strengthening Sino-Russian ties.



Chevron Tax Strategy Faces Crackdown

Wed, 24 May 2017 06:23:32 EDT

A tax dispute between Australia and Chevron has the potential to cost the company billions of dollars and open a new front in global efforts to crack down on aggressive tax strategies used by many multinationals.