EasyJet Takes Steps to Secure Non-British EU Operating Certification

British discount carrier easyJet said it had begun formal talks to seek a license in another European Union country to preserve traffic rights that are at risk after the U.K. voted to leave the trading bloc.

 
Deutsche Bank's Jeff Urwin to Oversee Americas Operations

Deutsche Bank's global head of investment banking, Jeff Urwin, is taking on expanded management-board duties, adding oversight of all operations in the Americas region at the corporate level, the German bank said in an internal employee memo.

 
Gran Tierra Energy to Buy PetroLatina for $525 Million

Oil and natural gas producer Gran Tierra Energy Inc. said Friday it agreed to buy PetroLatina Energy Ltd. in a $525 million cash deal, widening its reach in Colombia by adding what it called a "prolific" production site to its portfolio.

 
Thor Industries to Buy Jayco

Recreational vehicle maker Thor Industries said that it agreed to acquire smaller peer Jayco for roughly $576 million in cash, expanding its offerings in towable RVs.

 
KaloBios Emerges from Bankruptcy, Buys Tropical Disease Drug

KaloBios Pharmaceuticals said that it had emerged from chapter 11 bankruptcy and had acquired the rights to buy a tropical disease drug.

 
AstraZeneca Ends European Licensing Pact With Valeant

The British pharmaceutical giant says the Canadian drugmaker will continue to lead development and marketing of psoriasis drug brodalumab in the U.S.

 
LendingClub Fund Has Its Version of June Swoon

A fund managed by LendingClub that invests in the company's online consumer loans expects to report its first-ever negative month, according to investor documents reviewed by The Wall Street Journal.

 
Tesla Draws Scrutiny After Autopilot Feature Linked to a Death

U.S. auto-safety regulators are investigating what is believed to be the first fatal crash involving a Tesla Motors car that was driving itself, ratcheting up scrutiny on a technology that has been evolving with little oversight.

 
Nearly Half of Williams Directors Resign

Nearly half of the directors of Williams Cos. resigned Thursday after they failed to oust the company's chief executive following its collapsed merger with Energy Transfer Equity LP, according to people familiar with the matter.

 
Bank of Portugal Receives Four Bids for Novo Banco

Portugal's central bank said Thursday that it received four bids for Novo Banco SA, the good bank created out of the collapse of Banco Espírito Santo SA.

 
Ryanair Eyes Bigger Share Buyback After Brexit Vote

Ryanair Holdings said it would seek shareholder approval to buy back more of its shares to exploit any further market volatility after Britain's decision to leave the European Union caused a sharp drop in the value of the stock.

 
Jury: Oracle Should Pay $3 Billion to HP Enterprise

A jury in Silicon Valley on Thursday delivered a resounding victory to Hewlett Packard Enterprise Co., finding that Oracle Corp. should pay the computer maker $3 billion in damages-the full amount it sought-for actions that contributed to the decline of a once-lucrative line of high-end computers.

 
Apple in Talks to Acquire Jay Z's Tidal Music Service

Apple Inc. is in talks to acquire Tidal, a streaming-music service run by rap mogul Jay Z, according to people familiar with the matter.

 
Zenefits Hashes Out Deal With Investors, Cutting Valuation

Embattled health-benefits broker Zenefits struck a deal with some investors to cut its valuation by more than half to $2 billion, giving them additional shares in exchange for releasing the company of potential legal claims.

(END) Dow Jones Newswires

July 01, 2016 08:38 ET (12:38 GMT)

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