AIG Directors Weigh Consequences for CEO After Big Setback 
 

Directors of American International Group Inc. are trying to determine whether to blame-and possibly replace-Chief Executive Peter Hancock following a major setback in the insurance giant's turnaround plan, people familiar with the matter said.

 
Prosper Inks $5 Billion Loan-Buying Deal With Investors Including Soros, Jefferies 
 

Prosper Marketplace Inc. struck a deal on Monday to sell up to $5 billion worth of consumer loans to a group of investment firms over the next two years.

 
Uber Fires a Top Software Engineer 
 

Uber Technologies Inc. fired a top software engineer for failing to disclose allegations of sexual harassment at his previous employer, Alphabet Inc.'s Google, a person familiar with the matter said on Monday.

 
Priceline's Profits Jump on Surge in Travel Bookings 
 

Priceline Group's profit rose a better-than-expected 31% in the fourth quarter amid a jump in travel bookings.

 
Warren Buffett's Berkshire Hathaway More Than Doubles Stake in Apple 
 

Warren Buffett said his Berkshire Hathaway more than doubled its stake in Apple since the start of the new year, making the Silicon Valley giant one of Berkshire's biggest equity holdings.

 
London Stock Exchange Remains Hopeful Over Deutsche Börse Merger 
 

London Stock Exchange is still holding out some hope that regulators will approve its planned merger with Deutsche Börse, but a selloff in the companies' shares signals investors fear the deal will collapse.

 
FCC Chairman Doesn't Expect to Review AT&T-Time Warner 
 

The Federal Communications Commission's new chairman, Ajit Pai, doesn't expect the agency to have a role in reviewing AT&T's $85 billion takeover of Time Warner.

 
Johnson & Johnson Prescription Unit List Prices Rose 8.5% Last Year 
 

Johnson & Johnson said it raised the list price of its prescription medicines by an average of 8.5% last year-and 3.5% after discounts-in the health-products company's first effort to address criticism about the high cost of medicines by opening up about its drug-pricing practices.

 
YouTube Exceeds 1 Billion Hours of Video a Day 
 

YouTube viewers world-wide are now watching more than 1 billion hours of videos a day, a milestone fueled by the Google unit's aggressive embrace of artificial intelligence to recommend videos.

 
AT&T Lowers Price of Unlimited Data Plans 
 

AT&T lowered the price of its unlimited data plans less than two weeks after opening them up to all subscribers, and said it would give added discounts to customers who pay for one of its television services.

(END) Dow Jones Newswires

February 27, 2017 17:15 ET (22:15 GMT)

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