Last Build Date: Sun, 22 Jan 2017 00:32:13 ESTCopyright: copyright © 2017 Dow Jones & Company, Inc.
Fri, 20 Jan 2017 18:29:44 ESTWal-Mart Stores was following through Friday on plans to cut nearly 1,000 corporate jobs.
Fri, 20 Jan 2017 16:55:01 ESTMerck will pay $625 million plus royalties on Keytruda sales to Bristol-Myers Squibb and Ono Pharmaceutical to settle a suit alleging the cancer drug violates their patent for a method of harnessing the body’s immune system to fight cancer.
Fri, 20 Jan 2017 22:56:46 ESTU.S. oil producers, optimistic that higher crude prices are here to stay, have issued 2017 budgets that call for dramatically greater spending to tap new wells.
Fri, 20 Jan 2017 16:37:16 ESTAT&T said its new streaming-video service, DirecTV Now, added at least 200,000 paying subscribers in December, its first month of operation.
Fri, 20 Jan 2017 11:19:15 ESTLas Vegas Sands agreed to pay a $6.96 million criminal penalty to settle a U.S. investigation into violations of the antibribery law over payments the company made to a business consultant in China.
Fri, 20 Jan 2017 11:18:39 ESTMcDonald’s is advancing into new territories such as Siberia and encountering familiar rivals such as KFC and Burger King, which built scores of restaurants in the past few years.
Fri, 20 Jan 2017 14:54:04 ESTHerbalife said Friday that the Securities and Exchange Commission is investigating its anticorruption efforts in China.
Fri, 20 Jan 2017 09:48:54 ESTUnion leaders said they planned to advance long-running efforts to organize a big Boeing jetliner plant in South Carolina with a petition to the National Labor Relations Board for an employee vote later this year.
Fri, 20 Jan 2017 08:27:55 ESTFord Motor Co. said it plans to take a $3 billion pre-tax charge against its fourth-quarter earnings related to its pension and retiree-benefit plans, following a change in its pension accounting the company made a year ago.
Fri, 20 Jan 2017 07:55:03 ESTHeineken is in talks with Japan’s Kirin Holdings to acquire its struggling beer operations in Brazil, a move that could strengthen the Dutch brewer in one of the world’s largest beer markets.
Fri, 20 Jan 2017 10:01:10 ESTThe PG-rated, mid-budget drama featuring three African-American women as a trio of brilliant NASA workers during the age of the Space Race and Jim Crow has garnered attention in Hollywood because of its continuing box-office triumphs.
Thu, 19 Jan 2017 21:46:55 ESTAn aircraft flying near the launch area forced the cancellation of Thursday’s planned liftoff of a $1.2-billion Air Force missile-tracking satellite from Cape Canaveral Air Force Base in Florida.
Thu, 19 Jan 2017 19:34:40 ESTSouth Korea’s Hyundai Merchant Marine said it will buy a fifth of the company that runs the biggest container terminal at Long Beach, Calif., the U.S.’s No. 2 port, a month after dropping out of a joint bid for a controlling stake.
Fri, 20 Jan 2017 00:28:06 ESTHunter Harrison has spent several years trying to assemble a transcontinental railroad empire. This week the 72-year-old maverick set aside that pursuit but not his desire to run one of America’s biggest railroads.
Thu, 19 Jan 2017 23:51:09 ESTThe Pentagon said Thursday that SIG Sauer had won a $580 million contract to supply the U.S. Army with new handguns, ending a long-running contest that had attracted fierce criticism from a senior military chief.
Thu, 19 Jan 2017 17:32:23 ESTAnthem Inc. will stop requiring U.S. patients and doctors to obtain prior authorization from the health insurer before receiving coverage of medication to treat opioid addiction, under a settlement with New York state’s attorney general.
Fri, 20 Jan 2017 08:34:05 ESTCommunications company Avaya Inc. filed for chapter 11 bankruptcy protection Thursday as the company extended its decadelong string of annual losses.
Fri, 20 Jan 2017 15:46:10 ESTA dozen major companies have touted the creation of about 130,000 U.S. jobs since Donald Trump was elected president, vowing to keep jobs in America. How many of those come from Mr. Trump’s pressure and how many were already planned is harder to determine.
Thu, 19 Jan 2017 16:39:45 ESTParagon Offshore and its senior lenders have reached a new deal to cut the company’s debt by $2.4 billion, months after a bankruptcy judge denied its original reorganization plan.
Thu, 19 Jan 2017 21:19:59 ESTThe maker of an EpiPen rival said its emergency allergy treatment would return to the market on Feb. 14, adding more competition to the market for the costly products.
Thu, 19 Jan 2017 17:14:46 ESTJulia Haywood, a Boston Consulting Group airline partner who was hired by United Continental Holdings Inc. last summer as its new chief commercial officer, has left the airline to return to the consulting firm, United said Thursday.
Thu, 19 Jan 2017 17:16:26 ESTActivist investor Voce Capital Management is pressing semiconductor-equipment makers Rudolph Technologies and Nanometrics to merge, saying the two would be stronger together.
Thu, 19 Jan 2017 10:10:03 ESTMartin Winterkorn, Volkswagen’s former chief executive, denied having any personal knowledge of the German car maker’s diesel-emissions cheating in his first major public appearance since the scandal broke in September 2015.
Thu, 19 Jan 2017 12:50:14 ESTGerman companies are accelerating their expansion in the U.S., undaunted by President-elect Donald Trump’s threats to limit international trade and uncertainty surrounding his future stance on foreign takeovers.
Thu, 19 Jan 2017 04:55:39 ESTVietnam is putting more of its state-owned companies up for sale, as the country looks to lure foreign investors. The latest: a minority stake in PetroVietnam Oil, known as PV Oil.
Thu, 19 Jan 2017 09:57:08 ESTThe Japanese beer maker is reviewing its investments in China including its minority stake in Tsingtao Brewery because it isn’t satisfied with the current relationship, Asahi’s president said.
Wed, 18 Jan 2017 23:50:08 ESTWoodside Petroleum anticipates production levels will recover from next year as its investment in Australian oil and gas projects starts to deliver. .
Wed, 18 Jan 2017 23:34:43 ESTHunter Harrison, the railroad veteran who announced his early departure from Canadian Pacific Railway, is joining with an activist investor in an attempt to shake up management at rival railroad CSX.
Wed, 18 Jan 2017 22:59:16 ESTVegemite, Australia’s best-known condiment, is among a basket of brands being sold by Mondelez International to Bega Cheese.
Thu, 19 Jan 2017 03:54:08 ESTA Chinese consortium led by China Oceanwide Holdings is nearing a deal to purchase International Data Group, the data and marketing firm that also runs venture-capital firm IDG Ventures.
Thu, 19 Jan 2017 09:51:47 ESTIrish drugmaker Mallinckrodt and a U.S. subsidiary will pay $100 million and agree to other conditions to settle government antitrust allegations they unlawfully prevented competition for Acthar, a drug that has seen enormous price spikes in recent years.
Wed, 18 Jan 2017 19:18:10 ESTThe Federal Communications Commission’s auction of television airwaves is wrapping up after attracting about $18.2 billion in bids, far less than the last sale of government licenses amid weaker demand.
Wed, 18 Jan 2017 19:09:07 ESTLivio DeSimone, a chemical engineer who served as chairman and chief executive of 3M Co. in the 1990s, died Tuesday, the St. Paul, Minn.-based company said. He was 80 years old.
Wed, 18 Jan 2017 19:10:59 ESTCanadian Pacific Railway Ltd. said Chief Executive Hunter Harrison will step down earlier than expected, leaving company President Keith Creel to steer the railroad forward amid a challenging industry environment .
Wed, 18 Jan 2017 19:06:48 ESTSumner Redstone’s ex-girlfriend has asked a California court to appoint an independent doctor to assess his health and, if he lacks mental capacity, appoint a guardian for him, according to documents filed Wednesday.
Wed, 18 Jan 2017 16:49:44 ESTNew York just got a new subway line, but its system remains far from the world’s biggest.
Thu, 19 Jan 2017 09:43:20 ESTAmerican Air and United are set to join Delta in offering cheaper economy-cabin fares in a bid to compete with discount carriers.
Wed, 18 Jan 2017 15:15:58 ESTThe company behind the Eastern Mountain Sports and Bob’s Stores retail chains is exploring its next steps, including a sale or restructuring, according to people familiar with the matter.
Wed, 18 Jan 2017 14:52:24 ESTSome of the biggest aircraft-leasing companies remain leery about entering the Iranian market amid uncertainty over the incoming Trump administration’s policy toward the Islamic Republic.
Wed, 18 Jan 2017 14:49:39 ESTGeneral Motors Co. agreed to pay a $1 million penalty to settle charges from U.S. securities regulators that the Detroit auto giant failed to alert its accountants to a defective ignition switch in a timely manner.
Wed, 18 Jan 2017 12:00:08 ESTHyatt Hotels has acquired the resort and spa company Miraval Group for $215 million, in a transaction that shows how Hyatt is trying to compete against larger rivals by focusing on more affluent guests.
Wed, 18 Jan 2017 22:09:18 ESTTarget warned of weak profits and sales in the critical holiday period, as the retail chain struggled to get shoppers to visit its stores and relied on discounting to compete with Amazon.com for online orders.
Wed, 18 Jan 2017 22:06:21 ESTShares in Pearson plunged more than 30% after the world’s largest education company issued a profit warning for 2018 and said it plans to sell its stake in its Penguin Random House publishing joint venture.
Wed, 18 Jan 2017 07:24:57 ESTEli Lilly agreed to acquire CoLucid Pharmaceuticals, which is developing an oral migraine treatment, for about $960 million, adding a potential near-term launch to its late-stage drug pipeline.
Wed, 18 Jan 2017 14:39:49 ESTSmall and midsize companies are rethinking or delaying entry to Iran following the election of Donald Trump, a break from their bigger counterparts which have struck recent deals despite concerns of fresh sanctions.
Wed, 18 Jan 2017 03:16:26 ESTBayer has pledged to add U.S. jobs and investment after meeting with President-elect Donald Trump, the latest in a string of public displays from companies looking to head off criticism from the incoming administration about job losses.
Wed, 18 Jan 2017 05:41:44 ESTPrime Minister Theresa May’s clarification Tuesday that Britain will leave Europe’s tariff-free, single market, sent companies and trade bodies begging for something to take its place—and fast.
Wed, 18 Jan 2017 14:51:13 ESTOne of the highest-ranking women in corporate America, she became a symbol of the choices women face juggling work and family life.
Wed, 18 Jan 2017 14:51:44 ESTTheranos failed a second major U.S. regulatory inspection of its laboratory facilities, people familiar with the situation said, a setback the Silicon Valley blood-testing firm hasn’t disclosed to investors or patients.
Wed, 18 Jan 2017 16:53:28 ESTHedge fund Elliott Associates LP said Tuesday that it has teamed with Bluescape Energy Partners LLC to buy a combined 9.4% stake in NRG Energy Inc. and pursue changes at the power company to boost its value.
Tue, 17 Jan 2017 18:16:01 ESTAmerica’s largest retailer said it plans to create about 10,000 U.S. jobs this year, touting job growth in the country ahead of Donald Trump’s inauguration.
Tue, 17 Jan 2017 21:11:39 ESTAllergan will pay $15 million in fines and admit to disclosure violations during a hostile takeover bid from Valeant Pharmaceuticals.