Volkswagen's Ex-CEO Denies Prior Knowledge of Emissions Cheating 
 

Martin Winterkorn, Volkswagen former chief executive denied having any personal knowledge of the German car maker's diesel-emissions cheating in his first major public appearance since the scandal broke in September 2015.

 
Union Pacific Boosted by Easing Commodities Slump 
 

Union Pacific Corp. said slumping demand for the commodities it transports eased in the fourth quarter, helping the company post a better-than-expected profit.

 
Amazon, Apple End Exclusivity Deals for Audiobooks World-Wide 
 

EU antitrust regulators welcomed a move by Amazon.com to end exclusivity obligations for the supply and distribution of audiobooks with Apple.

 
Samsung Heir Felt Pressured by  South Korean President, Prosecutors Say 
 

The de facto head of Samsung conglomerate told investigators probing his alleged role in a corruption scandal that South Korean President Park Geun-hye coerced him into contributing funds to entities linked to a friend of hers.

 
IBM CEO: Executives Like Trump's Pro-Business Promises 
 

The prospect of lower U.S. corporate tax rates and scaled-back regulations is tempering businesses' worries about global political uncertainty, IBM Chief Executive Ginni Rometty said.

 
Safran to Buy Plane-Cabin Specialist Zodiac for $9 Billion 
 

Safran has agreed to buy cabin-interiors specialist Zodiac Aerospace for $9 billion, in the latest sign of consolidation among suppliers to the world's top plane makers.

 
BHP, Vale Lay Out Plan to Reach Brazil Dam-Failure Settlement 
 

BHP Billiton, Vale and their Brazilian iron-ore joint venture have agreed on a plan with federal prosecutors there for negotiating a settlement of a $47.5 billion civil claim linked to a dam failure that killed 19 people in 2015.

 
M&T Bank Reports Earnings Growth 
 

M&T Bank said its fourth-quarter earnings rose, helped by higher mortgage revenues and loans.

 
BNY Mellon Assets Fall, Hurt by Outflows and Strong Dollar 
 

Bank of New York Mellon said outflows and exchange rates pushed down assets under management during its latest quarter on a sequential basis, even as higher interest rates helped bolster profit.

 
BB&T Takes Rate Hit as Revenue and Profit Rise 
 

BB&T Corp. said profit and revenue rose in its latest quarter as recent acquisition costs diminished but took a charge related to the increase in interest rates.

(END) Dow Jones Newswires

January 19, 2017 09:00 ET (14:00 GMT)

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