EU Demands Apple Repay $14.5 Billion in Irish Tax Breaks 

The European Union's antitrust regulator demanded that Ireland recoup roughly $14.5 billion in taxes from Apple for what the agency said was uncollected taxes over several years.

 
Mondelez Walks Away After Hershey Spurns Raised Bid 

Mondelez ended its bid to acquire Hershey after the famed chocolate-bar maker rebuffed a new takeover offer and indicated it would be difficult to strike a deal before next year.

 
Scotiabank Boosts Dividend as Revenue and Profit Rise 

Bank of Nova Scotia reported earnings and profit growth that came in above analysts' expectations in its latest quarter. The Canadian bank also raised its quarterly dividend.

 
Abercrombie & Fitch Reports Drop in Quarterly Sales 

Abercrombie & Fitch posted a decline in quarterly sales and gave a more cautious outlook for the year, as the apparel retailer struggled to attract shoppers to its mall-based outlets.

 
KKR to Buy Call-Center Software Maker Calabrio 

KKR & Co. said it would buy call-center software maker Calabrio, a bet that high-tech customer-interaction tools will give some businesses an edge.

 
Hanjin Shipping Moves Closer to Bankruptcy 

Hanjin Shipping's creditors said they would no longer give the South Korean company financial support, pushing it close to bankruptcy.

 
EU Scrutinizes WhatsApp Data-Sharing Plan 

European privacy regulators are investigating messaging service WhatsApp's plan to share user information including phone numbers with its parent, Facebook Inc., adding to pressure on both sides of the Atlantic over the social media firm's privacy practices.

 

(END) Dow Jones Newswires

August 30, 2016 08:09 ET (12:09 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.