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Last Build Date: Wed, 24 May 2017 00:34:26 EDT

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

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

Tue, 23 May 2017 23:43:20 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

Tue, 23 May 2017 09:41:43 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.

Ford Looks to New CEO Jim Hackett For 'Tech-Savvy Energy'

Tue, 23 May 2017 10:32:50 EDT

Jim Hackett likes to talk about “design thinking” and “fitness of use.” His test now as new Ford CEO is to translate those catch phrases into meaningful change at the auto giant.

Brazilian Meatpacker JBS Shares Fall 30% Amid Insider-Trading Accusations

Tue, 23 May 2017 10:19:38 EDT

Shares of Brazilian meatpacker JBS plunged more than 30%, costing the company about $2 billion, after President Michel Temer accused its owners of insider trading as part of a bitter battle over the country’s corruption scandal.

Ford Replaces CEO Amid Pressure on Profit, Share Price

Tue, 23 May 2017 10:21:26 EDT

Ford is replacing CEO Mark Fields with Jim Hackett, who heads its innovation unit. The company has been considering leadership changes amid dissatisfaction with the stock price and a drive to clarify strategy.

Arconic, Elliott Reach Deal to End Proxy Contest

Mon, 22 May 2017 17:55:42 EDT

Arconic struck a deal to give hedge fund Elliott Management seats on its board of directors, a settlement that ends a bruising five-month battle days before the vote.

Streaming Services Are Music to Vivendi's Ears

Tue, 23 May 2017 04:22:58 EDT

A resurgent music industry, fueled by the rise of streaming services, is tempting the parent company of Universal Music Group to cash in on the music company with an initial public offering.

Remember 'Avatar'? Disney Hopes So With $500 Million Bet on Theme Park

Mon, 22 May 2017 16:41:11 EDT

Disney is betting the most successful movie ever will prolong a hot streak for its theme parks. But will tourists flock to a place inspired by an eight-year-old film?

Maxus Energy Wins Court Approval of Chapter 11 Plan

Mon, 22 May 2017 14:26:01 EDT

Maxus Energy Corp. won confirmation Monday of a chapter 11 liquidation plan that spells out how its assets will be used to address New Jersey’s contaminated Passaic River.

CBS Extends Leslie Moonves's Contract Through 2021

Mon, 22 May 2017 15:05:50 EDT

CBS said it reached a two-year contract extension with Chief Executive Leslie Moonves, who is now expected to stay with the media company through June 30, 2021

Amid Slide in DVD Sales, Redbox to Rent Some Movies Sooner

Mon, 22 May 2017 16:58:14 EDT

Redbox got a boost in its efforts to compete with digital outlets Monday as Hollywood’s largest studio agreed to make its movie discs available earlier in the company’s movie-rental kiosks.

Huntsman Strikes Merger Deal With Clariant

Mon, 22 May 2017 11:54:07 EDT

Huntsman Corp. and Switzerland’s Clariant AG struck a deal to merge, creating a chemicals giant worth about $14 billion as companies in the industry seek ways to cut costs and boost revenue.

Airbus Seeks Outside Help to Review Compliance Amid Corruption Probes

Mon, 22 May 2017 09:58:34 EDT

European plane maker Airbus has established a new compliance review group led by outsiders amid allegations of corruption being investigated by British and other fraud watchdogs.

Huntsman, Clariant Agree to Merge

Mon, 22 May 2017 10:29:32 EDT

Huntsman and Switzerland’s Clariant reached an agreement to merge in an all-stock deal that would create a chemicals giant worth about $14 billion, as companies in the industry seek ways to cut costs and boost revenue.

U.S., Saudi Arabia Expect Deals, Investments Worth $300 Billion

Mon, 22 May 2017 03:01:55 EDT

Saudi Arabia and the U.S. are expected to agree during Donald Trump’s trip to business deals and potential investments worth $300 billion, solidifying the U.S.-Saudi commercial relationship as the kingdom’s economy cracks open.

Cathay Pacific Cuts 25% of Managerial Jobs in Bid to Stem Losses

Mon, 22 May 2017 20:48:36 EDT

Cathay Pacific, one of Asia’s largest airlines, said it would lay off about 600 people as it grapples with tough competition and bad bets on oil prices, despite robust travel demand in the region.

Kohler Co. Unveiling First Enhanced Showroom

Sun, 21 May 2017 17:34:49 EDT

Kohler Co. is rolling out the first of its enhanced showrooms in Manhattan’s Flatiron District, where customers will be able to try out shower heads and other new bathroom technology.

PPG Chief Paints Ambitious Picture in Bid for Dutch Rival

Sun, 21 May 2017 23:42:53 EDT

PPG Industries, the world’s largest paint maker, may seem as exciting as watching its products dry. But Chief Executive Michael McGarry, a bowler who likes to keep a low profile, is pursuing Dutch rival Akzo Nobel, in one of the boldest trans-Atlantic bids in recent memory.

U.S.-Saudi Defense Deals Open Up Jobs

Sun, 21 May 2017 14:05:16 EDT

The arms agreements with Saudi Arabia formally signed by the U.S. over the weekend could help protect domestic jobs in an industry that has culled tens of thousands of workers over the past five years, but also boost employment in the Gulf nation.

Boeing Sees Potential Widebody Jet Sale to Saudi Airline

Mon, 22 May 2017 10:47:58 EDT

Boeing Co. said Sunday it had agreed to the potential sale of 16 widebody jets to a Saudi Arabian airline and a range of equipment for the country’s armed forces.

Arconic Board Vote to Test Power of Activist Investors

Mon, 22 May 2017 09:53:40 EDT

The future of Arconic Inc. is up for grabs this week in a tightly fought shareholder vote that will test the growing power of activist investors.

Got Milk? Too Much of It, Say U.S. Dairy Farmers

Sun, 21 May 2017 20:40:03 EDT

U.S. dairy farmers made a big bet on strengthening global demand for their milk, but it hasn’t panned out due to economic troubles in some emerging economies and a world-wide boom in agricultural output.

Virginia Man Charged In Fake Fitbit Takeover Offer

Mon, 22 May 2017 10:25:02 EDT

A Virginia man was arrested Friday on charges of inflating the stock price of Fitbit Inc. last year while profiting from the temporary run-up in the company’s share price.

Ron Burkle's Americold Explores Sale or IPO

Fri, 19 May 2017 18:15:08 EDT

Americold, a big owner of temperature-controlled warehouses backed by investor Ron Burke, is exploring a sale or IPO, according to people familiar with the matter.

European Firms Sprint Ahead as Economy Regains Health

Sat, 20 May 2017 11:09:54 EDT

Europe’s largest companies are on track to record their strongest quarter of profit growth in almost seven years, benefiting from something the continent hasn’t seen since before the global economic crisis: a willingness among consumers—and other companies—to spend again.

AT&T Wireless Store Workers Begin Weekend Strike

Fri, 19 May 2017 15:42:47 EDT

Thousands of AT&T Inc. employees walked off the job Friday afternoon, starting a three-day protest to demand more protections for retail workers, call-center staffers and technicians.

Is the Retro Adidas Craze Over? Foot Locker Says So

Fri, 19 May 2017 23:28:51 EDT

The Adidas retro craze that upended the athletic-shoe market a few years ago has cooled, Foot Locker said as it reported lackluster quarterly results.