GM Plans at Least $1 Billion in Fresh U.S. Investment 
 

General Motors this week will announce plans to invest at least $1 billion across several U.S. factories, two people familiar with the plan said.

 
Noble Energy to Buy Oil and Gas Company Clayton Williams 
 

Noble Energy will pay $2.7 billion to buy Clayton Williams Energy in a deal that will give it a combined 120,000 acres of oil-rich property in West Texas.

 
 
 

Rolls-Royce Holdings said it had settled a longstanding corruption probe with U.S., British and other authorities at a cost of more than $800 million.

 
How a Growth Push Derailed a Big Lender to Small Businesses 
 

CAN Capital, the online lender to small businesses, turned profits for years before most digital competitors opened. But it stumbled in the past year after chasing new firms' rapid growth rates.

 
Big Pharma's Newest Headache: Rival Drugmakers 
 

The world's best-selling drugs face new competition.

 
Lenovo Thought It Knew How to Fix Brands-Then It Bought Motorola 
 

Success with a deal for IBM personal computers led China's Lenovo to underestimate the difficulty of reviving smartphone company Motorola Mobility. "We underestimated the differences of the culture and the business model," says the CEO.

 
Essilor, Luxottica to Create $49 Billion Eyewear Giant 
 

Luxottica, maker of Ray-Ban, has agreed to a merger with French optical-lens maker Essilor, placing its Italian founder at the helm of a globe-spanning colossus with brands gracing European catwalks and California beaches.

 
Zohar CLO Funds Sue Lynn Tilton 
 

The Zohar investment funds at the heart of Lynn Tilton's $2.5 billion distressed-debt empire sued their founder, accusing Ms. Tilton of pillaging more than $1 billion from investors and the companies she manages.

 
Ringling Bros. Shutdown: The End of the Circus Industry? 
 

For generations, the Ringling Bros. and Barnum & Bailey circus proved itself an enduring family entertainment, a show so popular that its self-proclaimed status as "The Greatest Show on Earth" was simply accepted as a matter of fact.

 
Australia Utility Duet Accepts Takeover Worth Nearly $5.5 Billion 
 

Australian utility Duet Group has agreed to a takeover bid worth nearly $5.5 billion from Hong Kong tycoon Li Ka-shing's Cheung Kong Infrastructure.

 
 

(END) Dow Jones Newswires

January 16, 2017 23:15 ET (04:15 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.