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Last Build Date: Thu, 18 Jan 2018 00:31:36 EST

Copyright: copyright © 2018 Dow Jones & Company, Inc.

Pipeline Builders Try New Growth Strategy: Bigger Pipes

Wed, 17 Jan 2018 17:08:32 EST

As environmentalists and local activists make it difficult to build new oil and gas lines, energy companies are simply supersizing old pipes that already exist.

For GE, a Breakup Is No Quick Fix

Wed, 17 Jan 2018 22:52:17 EST

While GE’s core Aviation, Power and Healthcare divisions would be among the biggest players in their markets, separating them would require unraveling intertwined operations, pensions and debts.

Dentsply Sirona Taps Outsider for CEO After Forced Resignations

Wed, 17 Jan 2018 13:58:42 EST

Dentsply Sirona has named a new chief executive, months after the dental supply company forced three of its top executives to resign after a soured merger.

Buybacks, Pension Contributions and Savings: Companies Tout Tax Benefits

Wed, 17 Jan 2018 21:52:18 EST

Some of the biggest U.S. companies are promising significant annual savings, bigger pension contributions, higher dividend payments and more extensive stock buybacks as executives start to discuss the impact of the federal tax overhaul.

Nissan Expects to Build New U.S. Plant

Wed, 17 Jan 2018 02:18:48 EST

Nissan Motor’s chief executive said the company believes it will need to build a new plant in the U.S. in four or five years, when the car maker would be ready for another push to expand.

Troubles Push GE to Consider a Breakup

Wed, 17 Jan 2018 06:21:10 EST

General Electric is considering breaking itself apart, its chief executive said, after disclosing more problems buried in one of its major units.

The Bad Bet That Insurers Can't Shake

Tue, 16 Jan 2018 19:08:23 EST

The $6.2 billion charge that GE disclosed Tuesday is related to billions of dollars of coverage for long-term-care policies that had been sold by other insurers to consumers.

Cloud Peak in Deal to Supply Coal to Japan

Tue, 16 Jan 2018 18:19:18 EST

One of the country’s biggest coal companies has a deal to send nearly one-quarter of its exports to Japan, the latest boost from Asian markets that have been helping U.S. coal miners recover from one of their bleakest eras.

Nestlé Sells Butterfinger and BabyRuth Unit to Italian Candy Maker

Tue, 16 Jan 2018 17:17:59 EST

Ferrero International, the Italian confectionery maker, muscled further into the North America market, agreeing to pay $2.8 billion in cash to buy Nestlé’s U.S. chocolate business that includes the Butterfinger and Baby Ruth brands.

Chevron Returns to Iraqi Kurdistan's Oil Fields

Tue, 16 Jan 2018 15:06:30 EST

Chevron is resuming drilling in Iraqi Kurdistan and taking steps to send staff there again, a sign that tensions between Baghdad and the Kurdistan Regional Government are easing.

BP's Deepwater Horizon Bill Grows by $1.7 Billion

Tue, 16 Jan 2018 17:06:48 EST

BP will take a $1.7 billion charge in its fourth-quarter earnings because of settlement claims related to the 2010 disaster in the Gulf of Mexico.

Blackhawk Network to Be Taken Private for $2.57 Billion

Tue, 16 Jan 2018 11:00:52 EST

Blackhawk Network Holdings said Tuesday that it reached a deal to sell itself in a go-private transaction worth about $2.57 billion.

Maersk, IBM Partner on Blockchain for Global Trade

Tue, 16 Jan 2018 10:58:38 EST

Shipping giant Maersk said it would enter a joint venture with IBM to create a more efficient and secure platform for organizing global trade using blockchain technology.

Carillion Fails, Forcing Government to Step In

Tue, 16 Jan 2018 09:00:17 EST

Carillion, one of the U.K. government’s biggest contractors, is to be wound down, renewing a political debate in Britain over the role of private-sector companies in the delivery of public services.

USA Compression Partners to Buy Business from Energy Transfer Partners

Tue, 16 Jan 2018 10:08:27 EST

USA Compression Partners LP will buy Energy Transfer Partners LP’s compression business in a deal with a total transaction value of about $1.8 billion.

Energizer to Buy Spectrum's Batteries and Lighting Unit for $2 Billion

Tue, 16 Jan 2018 06:34:26 EST

Energizer Holdings said Tuesday it will buy Spectrum Brands Holdings’s battery and portable lighting business for $2 billion in cash.

Utility Jobs Lost as New Power Plants Need Fewer Workers

Tue, 16 Jan 2018 03:55:41 EST

As coal and nuclear power plants close due to competitive pressures, the number of people employed in making electricity for the U.S. is shrinking.

Airbus Boss Takes Aim at Trump's Trade Stance

Tue, 16 Jan 2018 05:54:49 EST

Airbus Chief Executive Tom Enders has flatly accused the Trump administration of protectionism, while criticizing rival Boeing for exploiting such sentiments.

Shell Bids a Long Goodbye to Middle Eastern Oil

Tue, 16 Jan 2018 10:34:28 EST

Royal Dutch Shell is giving up on its last oil fields in Iraq, leaving the world’s second-biggest oil company with a dwindling footprint in the Middle East—a region it helped build into a petroleum powerhouse.

Platinum, Clinging to Its Status as a Top Precious Metal, Faces a Crisis

Tue, 16 Jan 2018 03:18:27 EST

With industrial uses on the wane, producers are cutting jobs, selling assets and spending millions of dollars in advertising. Their Hail Mary is to entice a new generation of jewelry buyers to switch from gold.

Airbus Pumps Out Record Number of Jets in 2017

Mon, 15 Jan 2018 10:52:44 EST

Boeing and Airbus both built more jets last year than ever, but not enough to lessen their backlogs. The delivery frenzy has been a boon to both planemakers but it has strained manufacturing and supply lines around the world.

Lego Clicks With China's Tencent to Develop Online Games

Wed, 17 Jan 2018 04:47:02 EST

Lego is joining forces with Chinese internet giant Tencent to jointly develop online games for children in China, the latest move by the Danish toy maker to increase its focus on digital content.

HBO to Talent: You Won't Get This Much Love at Netflix

Tue, 16 Jan 2018 15:00:02 EST

Time Warner’s HBO is trying to stand apart from rival Netflix in the TV-production arms race, staking a claim as the most-selective platform, launching fewer new shows but booking more profits.

Amazon's Grocery Sales Increased After It Devoured Whole Foods

Tue, 16 Jan 2018 04:18:09 EST

Whole Foods’ brand items like bacon, coconut water and frozen blueberries helped Amazon gobble up more U.S. online grocery sales last year. Products carrying the natural foods chain’s brand helped push sales at Amazon’s online grocery-delivery service, AmazonFresh, up 35%.

Airbus Seeks Resolution to Germany Corruption Probe

Sun, 14 Jan 2018 10:25:43 EST

The European plane maker said it is seeking to bring to a close a corruption case in Germany involving the export of combat aircraft and that it has suffered an unrelated legal setback in Taiwan.

New CSX Chief Has Unfinished Work on Railroad

Mon, 15 Jan 2018 12:12:37 EST

CSX’s new CEO, Jim Foote, will seek to assure investors he can carry on the vision of predecessor Hunter Harrison.

Disney Says Sandberg, Dorsey Won't Seek Board Re-Election

Sat, 13 Jan 2018 07:24:51 EST

Two tech titans are leaving Walt Disney Co.’s board of directors as the media giant moves into their territory, creating conflicts.

Wal-Mart Plans to Cut Over 1,000 Corporate Jobs

Sat, 13 Jan 2018 17:07:31 EST

A day after promising to give its store workers raises and bonuses, Wal-Mart Stores Inc. is preparing to hand out pink slips at its headquarters.

Chipotle Pays to Keep Two Executives Past CEO Search

Fri, 12 Jan 2018 18:23:45 EST

Chipotle Mexican Grill Inc. is giving two of its top executives retention bonuses while the burrito maker searches for a new CEO.

CVS to Keep Aetna in Hartford, Conn.

Fri, 12 Jan 2018 18:03:53 EST

CVS Health Corp. has decided to keep Aetna Inc. in Hartford, Conn., reversing the insurer’s plan announced last year to move its corporate offices to New York City.

U.S. Cites 'Notorious Markets' in China, Russia for Suspect Goods

Fri, 12 Jan 2018 18:45:46 EST

The Trump administration targeted markets in Russia, China and other countries for allegedly turning a blind eye to the sale of counterfeit goods and other intellectual-property violations.

Rihanna or Serena? The Endorsement Puzzle for Women's Sportswear

Tue, 16 Jan 2018 09:38:27 EST

To market women’s sportswear, industry executives have long grappled with a perennial debate: Are celebrities or sports stars more effective endorsers?

NASA Safety Watchdogs Raise Concerns About SpaceX, Boeing Spacecraft

Fri, 12 Jan 2018 14:18:10 EST

NASA’s plan to routinely ferry astronauts into orbit using private spacecraft—initially slated to start last year—has slipped until at least the spring of 2019 and unresolved hazards threaten further delays.

Growing Appetites Fuel Record U.S. Meat Production

Fri, 12 Jan 2018 14:42:45 EST

America is producing more meat than ever. Farmers and meatpackers produced a record 99.7 billion pounds of red meat and poultry in 2017, the U.S. Department of Agriculture estimates. They are on track for an even bigger slaughter this year.

Wal-Mart Raises Its Minimum Wage, Plans Bonuses After Tax Overhaul

Fri, 12 Jan 2018 11:30:31 EST

Wal-Mart will raise starting pay to $11 an hour for all its U.S. employees and hand out one-time bonuses of up to $1,000, as the retailer doles out some of its expected gains from the new tax legislation.

One of Britain's Oldest Companies Remakes Itself Again

Fri, 12 Jan 2018 14:11:18 EST

GKN, one of Britain’s oldest companies, has survived more than 250 years by constantly reinventing itself. On Friday, it unveiled its latest big shift, promising to split up the car- and plane-parts maker after rejecting a $9.5 billion takeover offer.

Kering to Spin Off Puma to Its Shareholders

Fri, 12 Jan 2018 10:52:58 EST

Luxury goods company Kering moved to shed most of its controlling stake in the German sportswear company Puma, announcing a plan to distribute 70% of Puma’s shares to Kering shareholders.

Why You Won't Stop Getting Junk Mail

Thu, 11 Jan 2018 21:08:29 EST

Giant supermarkets and grocery startups are still mailing paper fliers and coupons to homes, spending a combined $76 billion last year.

Altice Reverses Course in U.S. and Europe Amid Downsized Ambitions

Thu, 11 Jan 2018 23:57:58 EST

When French billionaire Patrick Drahi spoke in 2016 to top managers at Cablevision—the New York-area firm he had just bought for $10 billion—he told them the key to his success was making decisions fast.

Government Subpoenas Endo Pharmaceuticals for Information on Opioid Products

Thu, 11 Jan 2018 13:52:19 EST

The U.S. Attorney’s Office for the Southern District of Florida has issued a grand jury subpoena to Endo Pharmaceuticals asking for information about opioid-related products, Endo’s parent company announced Thursday.

PwC Banned From Auditing Listed Firms in India for Two Years

Thu, 11 Jan 2018 22:39:03 EST

PricewaterhouseCoopers’ affiliates have been banned by India’s markets regulator from auditing listed companies for two years as punishment for their failure to detect a billion-dollar fraud at outsourcer Satyam Computer Services Ltd.

Michael Wolff's Book on Trump Sells a Million Copies

Wed, 10 Jan 2018 16:58:40 EST

Sales of Michael Wolff’s book “Fire and Fury: Inside the Trump White House” have gotten off to a sizzling start. John Sargent, chief executive of publisher Macmillan, confirmed that a million copies had been sold through Monday.

Facebook, Google Have a Tough New Job in Germany: Content Cop

Thu, 11 Jan 2018 05:19:56 EST

Under a German law in effect since Jan. 1, Facebook and other social platforms now are responsible for keeping illegal content off their sites—and finding the job is harder than it looks.

Fox Nears Deal to Buy Local Stations From Sinclair

Wed, 10 Jan 2018 12:11:09 EST

Rupert Murdoch’s 21st Century Fox is nearing a deal to buy about 10 TV stations that Sinclair Broadcast Group is shedding as it seeks regulatory approval for its purchase of Tribune Media.

Sears Obtains New Financing Amid Lower Sales

Wed, 10 Jan 2018 10:41:56 EST

Sears Holdings said it had raised $100 million in new financing and is pursuing an additional $200 million from other parties.

Airbus Is Close to Securing Big Chinese Order, Macron Says

Wed, 10 Jan 2018 14:36:16 EST

China will finalize orders for 184 Airbus A320 aircraft soon, French President Emmanuel Macron said following talks with his Chinese counterpart.

Domino's CEO J. Patrick Doyle to Step Down in June

Wed, 10 Jan 2018 11:13:22 EST

The chief executive of Domino’s Pizza Inc. will step down at the end of June after helping solidify the chain’s standing in global pizza sales.

Toyota, Mazda Choose Alabama for $1.6 Billion Plant

Wed, 10 Jan 2018 06:51:13 EST

Toyota and Mazda will build a new $1.6 billion assembly plant in Huntsville, Alabama, a move that boosts their production capacity in the U.S. and adds to large and growing foreign auto maker presence in the southern state.

Carl Icahn Pushes SandRidge to Make Board Changes

Wed, 10 Jan 2018 08:52:07 EST

Less than two weeks after SandRidge Energy succumbed to investors’ wishes to terminate a deal to buy Bonanza Creek Energy, activist investor Carl Icahn is urging the company to make changes on its board and let his firm appoint a new director.

Boeing Sets Jet Delivery Record

Tue, 09 Jan 2018 16:58:47 EST

Boeing said it delivered a record 763 jetliners in 2017 and secured net orders for 912 planes, as surging airline traffic continues to fuel a multiyear boom for the airline industry.

Air-Cargo Space Is Tight as Even Spaghetti Sauce Is in an ASAP Rush

Tue, 09 Jan 2018 22:37:19 EST

Companies are shipping more items by plane to meet customers’ rising expectations for fast delivery, prompting a scramble for cargo space that has sent airfreight rates soaring and pushed Amazon into the airline business.

John Dickerson to Replace Charlie Rose on 'CBS This Morning'

Tue, 09 Jan 2018 14:17:03 EST

CBS News has tapped John Dickerson to be a co-host of “CBS This Morning,” succeeding Charlie Rose, who was fired in November after allegations of sexual misconduct.

Penguin Random House AcquiresRodale Books

Tue, 09 Jan 2018 12:41:23 EST

Penguin Random House has acquired Rodale Books from Hearst, adding a stable of wellness and cooking titles to the world’s largest consumer book publisher.

Altice to Spin Off U.S. Arm as Part of Broader Overhaul

Tue, 09 Jan 2018 15:59:39 EST

Altice NV intends to spin off its controlling stake in its U.S. arm as part of a broader reorganization that will split the company in two: Altice Europe, which would include its international holdings, and Altice USA Inc.

Target Posts Strong Holiday Gains

Tue, 09 Jan 2018 10:33:56 EST

Target said holiday sales were strong both in its stores and online, as the retailer was boosted by healthy U.S. consumer spending as well as its own turnaround efforts.

U.S. Spy Satellite Believed Lost After SpaceX Mission Fails

Tue, 09 Jan 2018 15:56:48 EST

An expensive, highly classified U.S. spy satellite is presumed to be a total loss after it failed to reach orbit atop a Space Exploration Technologies Corp. rocket on Sunday, according to industry and government officials.