EU Fines J.P. Morgan, HSBC, Crédit Agricole $520 Million for Collusion 
 

European Union antitrust authorities slapped HSBC, J.P. Morgan and Crédit Agricole with fines worth a total of almost $520 million for colluding in the manipulation of a benchmark interest rate.

 
Pfizer Fined $107 Million for Overcharging U.K. for Epilepsy Drug 
 

Pfizer has become the latest drugmaker taken to task for high prices after U.K. authorities slapped the company with a record $107 million fine over the price of an anti-epilepsy drug.

 
Strong Dollar Has Companies Counting the Cost-And Opportunities 
 

The dollar is on a tear, and that is shaping corporate strategy on both sides of the Atlantic. U.S. exporters are bracing for tough times. For European exporters, by contrast, the dollar's strength has created opportunity.

 
AT&T CEO: Time Warner Deal Would 'Disrupt' Cable-TV Model 
 

AT&T Inc. Chairman Randall Stephenson plans to tell senators Wednesday his company's deal with Time Warner Inc. will "disrupt" the long-established cable TV model in ways that will benefit consumers, according to his prepared testimony.

 
Citigroup's Quarterly Trading Seen Up Nearly 20% 
 

Citigroup Chief Financial Officer John Gerspach said Wednesday that fourth-quarter trading would rise close to 20% compared to a year ago.

 
SoftBank Chief's Trump Meeting Fuels Hopes of Megadeal 
 

Shares of Japanese telecom giant SoftBank rose 6.2% after CEO Masayoshi Son met Donald Trump, reviving hopes for a megadeal in the U.S.

 
At Starbucks, CEO Transition 
 
 
 

CEO Howard Schultz's plan to turn over leadership of coffee retailer Starbucks to President Kevin Johnson while staying on to run a major project is unusual, but he insists he will step back from day-to-day decision making.

 
Xerox's Next CEO Expects More Layoffs After Split 
 

Jeff Jacobson declined to say how many jobs would be cut after the service segment is spun off, but he did predict sales declines would ease over the next three years.

 
Nu Skin CEO to Leave for Role in Mormon Church 
 

Nu Skin said Chief Executive and President Truman Hunt will leave the company in mid-2017, after about 17 years in the role, to take a leadership assignment with the Church of Jesus Christ of Latter-day Saints.

 
Trafigura Profit Falls, Despite Booming Oil Volumes 
 

Commodities trader Trafigura Group reported a fall in 2016 annual net profit, as falling margins outweighed buoyant trading volumes in oil and metals.

(END) Dow Jones Newswires

December 07, 2016 09:00 ET (14:00 GMT)

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