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Last Build Date: Thu, 17 Aug 2017 00:34:38 EDT

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

Jim Hackett's Blank-Check Acquisition Company Finds a Target

Wed, 16 Aug 2017 23:06:30 EDT

Investors this spring gave former Anadarko Petroleum CEO Jim Hackett $1 billion to go forth and find yield. Now he’s putting that money into the merger of exploration outfit Alta Mesa Holdings and pipeline company Kingfisher Midstream.

Elliott Moves to Block Berkshire Bid for Oncor; Buffett Stands Pat

Wed, 16 Aug 2017 21:55:21 EDT

Elliott Management has purchased a slice of debt that would ensure the hedge fund’s ability to block Warren Buffett’s deal to buy power-transmission business Oncor, according to people familiar with the matter.

Mexican Supreme Court Backs América Móvil on Fees

Wed, 16 Aug 2017 19:37:35 EDT

Mexico’s Supreme Court ruled a law requiring dominant phone carrier América Móvil SAB to complete calls from rival networks without charge is unconstitutional, leaving it up to regulators to determine interconnection fees.

Judge Temporarily Shields Car Makers From Some Air-Bag Lawsuits

Wed, 16 Aug 2017 15:02:03 EDT

A bankruptcy judge issued a temporary stay shielding Honda, Toyota, Subaru and other automobile manufacturers from many lawsuits over defective air bags made by Takata.

MoviePass Says Success Will Bring Cooperation

Wed, 16 Aug 2017 14:59:23 EDT

Digital ticketing company MoviePass said it plans to quickly amass subscribers and use the resulting market power to convince the film industry to work with it.

More CEOs Quit Trump Council

Wed, 16 Aug 2017 14:31:10 EDT

Leaders at GE, 3M, Campbell Soup and United Technologies said Wednesday they were resigning from a White House council on manufacturing. As the news unfolded President Trump tweeted that he was disbanding the group.

Target's Lower Prices Pay Off as Sales Rise

Wed, 16 Aug 2017 12:43:09 EDT

Customers spent more at Target in its most recent quarter, as the retailer embarked on a plan to refresh its interiors and cut prices. The retailer also raised its profit outlook for the fiscal year.

UnitedHealth Names David Wichmann as New CEO

Wed, 16 Aug 2017 11:55:10 EDT

UnitedHealth Group said its current president, David Wichmann, will next month succeed Stephen Hemsley as chief executive, a widely expected transition at the top of the nation’s largest health insurer.

Chinese Crackdown Reopens Debate on Multilevel Marketing

Wed, 16 Aug 2017 20:00:23 EDT

A Chinese crackdown on pyramid schemes has reopened an old debate about U.S. multilevel marketing firms like Herbalife, which conduct a significant amount of business there.

Bayer Joins Fight Against Citrus Greening Disease

Wed, 16 Aug 2017 17:20:42 EDT

Florida’s battered citrus industry is gaining a new partner in its decadelong fight against a disease ravaging the state’s groves: the German pharmaceutical and chemical giant Bayer.

Akzo Nobel, Elliott Make Peace After Protracted Spat

Wed, 16 Aug 2017 12:32:47 EDT

Akzo Nobel reached a truce with Elliott Management giving the activist investor board representation following a monthslong standoff over Elliott’s push to force the Dutch chemicals company into talks over a $28 billion takeover bid.

Fiat Chrysler Joins BMW-Led Self-Driving Car Tech Alliance

Wed, 16 Aug 2017 11:45:20 EDT

Fiat Chrysler said it’s joining a BMW-led consortium to develop self-driving car technology, a move that comes more than a year after the group was formed with an aim of producing fully automated vehicles by 2021.

Verizon to Compete With AT&T for Public-Safety Customers

Wed, 16 Aug 2017 06:01:39 EDT

Verizon Communications Inc. said it is building dedicated lanes at the core of its U.S. network for firefighters and other first responders, a bid to compete with AT&T Inc.’s plans for its own public-safety network.

AMC Objects to $10/Month MoviePass Plan

Tue, 15 Aug 2017 20:50:43 EDT

The nation’s largest movie theater chain isn’t ready to embrace a plan to bring Netflix-style subscription pricing to multiplexes.

In the Philippine Casino Industry, Even the House Can't Win

Wed, 16 Aug 2017 06:38:52 EDT

Manila’s casino sector promised to become one of Asia’s most important gaming hubs. But money laundering and security concerns may change those odds.

GM's Barra in Tight Spot Among Executives on Trump's Advisory Panels

Tue, 15 Aug 2017 19:51:56 EDT

Among the executives under pressure to step down from President Donald Trump’s business-advisory councils, General Motors Co. Chief Executive Mary Barra may have more to lose than most.

Advance Auto Parts Stock Falls After Profit Miss

Tue, 15 Aug 2017 19:35:05 EDT

Advance Auto Parts’ stock is on track to have its biggest single-day decline as a public company as the retailer on Tuesday dimmed its outlook on sales growth.

Computer-Chip Testing Firm Urges Blocking Sale of Rival to China Fund

Wed, 16 Aug 2017 20:43:08 EDT

Cohu, which tests semiconductors, wants to persuade the U.S. Committee on Foreign Investment that the proposed sale of Xcerra to a Chinese state-backed fund would threaten national security.

Are Retail Sales Dead? Depends Where You Look

Tue, 15 Aug 2017 16:49:13 EDT

Consumers spent freely at some stores and stingily others, as Dick’s Sporting Goods and Coach reported weak results while TJX Cos, and Home Depot posted strong quarterly sales.

Shanda Raises Community Health Systems Stake

Tue, 15 Aug 2017 14:13:59 EDT

Shanda Group, a Singapore-based investment group owned by Chinese billionaire Tianqiao Chen, has increased its stake in U.S. hospital operator Community Health Systems to 22.1%.

Johnny Depp's Former Business Managers Face Federal Probes

Tue, 15 Aug 2017 15:52:38 EDT

Federal investigators from three agencies are looking into a top Hollywood business-management firm facing fraud allegations from a former client, actor Johnny Depp, according to people familiar with the matter.

The New Innovator's Dilemma: When Customers Won't Pay for Better

Wed, 16 Aug 2017 05:46:23 EDT

For almost a century, pharmaceutical giant Novo Nordisk rolled out new versions of its core product at higher prices. Then suddenly, governments and insurers decided the older, less expensive versions were good enough.

Air Berlin Files for Bankruptcy Protection After Biggest Investor Ends Support

Tue, 15 Aug 2017 10:31:00 EDT

Air Berlin, Germany’s second-largest airline, said it had filed for bankruptcy protection and was in talks to sell part of its operations to larger rival Deutsche Lufthansa.

Ingram Micro to Invest $10 Million in Warehouse Automation Startup

Tue, 15 Aug 2017 06:00:05 EDT

HDS Global, the warehouse automation startup founded by entrepreneur Louis Borders, has lined up Ingram Micro as its first logistics customer.

D'Oh! Domino's Delivery Can't Cope With France's Apostrophes

Wed, 16 Aug 2017 01:56:30 EDT

Domino’s Pizza Enterprises thought its online delivery platform could be the pièce de résistance of a strategy to fire up sales in France. But it struggled to deal with the abundance of apostrophes.

Three CEOs Quit Trump Advisory Council

Tue, 15 Aug 2017 16:54:12 EDT

Merck’s Frazier, Intel’s Krzanich and Under Armour’s Plank resigned from a manufacturing-advisory council to the Trump administration in an apparent protest of the president’s failure to quickly condemn the white supremacists in Charlottesville, Va.

North Face Parent VF to Buy Dickies Owner for $820 Million

Mon, 14 Aug 2017 19:18:29 EDT

VF, owner of clothing brands such as North Face and Timberland, said it would buy Williamson-Dickie for $820 million in cash, as it works to expand its presence in the workwear-apparel market.

Amazon Issues Eclipse-Glasses Refunds

Tue, 15 Aug 2017 10:00:49 EDT started issuing refunds to consumers who bought certain brands of eclipse glasses after reports that counterfeits were flooding the market.

Jana Takes Stake in Blue Apron

Mon, 14 Aug 2017 22:47:07 EDT

The activist hedge fund whose investment in Whole Foods Market Inc. catalyzed the natural grocer’s takeover by Inc. has taken a 2% stake in meal-kit maker Blue Apron Holdings Inc.

Navistar Ordered to Pay $31 Million Over Faulty Engines

Tue, 15 Aug 2017 06:44:55 EDT

Navistar must pay $31 million in damages for failing to disclose problems with its engines, a Tennessee jury ruled, in the first judgment against the truck maker from dozens of lawsuits filed over a troubled engine model.

Early Peeks at Drug Trials Are Giving Investors Whiplash

Mon, 14 Aug 2017 20:13:35 EDT

Drugmakers’ shares often react strongly to initial reports on a new treatment’s effectiveness—only to dramatically reverse course when the full study is later released.

With New Investment, Cycling Apparel Maker Rapha Hopes to Break Away

Mon, 14 Aug 2017 19:55:15 EDT

A bike apparel retailer favored by Britain’s cycling elite is hoping the grandsons of Wal-Mart’s founder can help it pedal into the big leagues in the U.S. and beyond.

Airlines Dial Up Pampering for Business Class

Mon, 14 Aug 2017 17:12:27 EDT

Airlines are making bigger bets with premium passengers, offering luxury seats loaded with extras that could push up the cost of outfitting a plane by millions of dollars.

Foreign Solar Firms Gain Unexpected Support in Tariff Fight

Mon, 14 Aug 2017 09:10:01 EDT

An unusual alliance of green energy advocates and conservative free-trade organizations is clashing with U.S. solar-panel makers seeking trade tariffs on foreign rivals.