Goldman Veteran Poached by Private-Equity Firm 
 

A Goldman Sachs partner who oversaw the bank's business of packaging mortgages and other consumer loans for sale to investors is leaving for an investing arm of San Francisco-based buyout shop TPG.

 
Trump Administration Grants Permit to TransCanada for Keystone Pipeline 
 

The Trump administration has signed a presidential permit for TransCanada to build Keystone XL, bringing the oil pipeline closer to fruition more than a year after former President Barack Obama blocked its construction.

 
Wal-Mart Acquires Niche Sites, to the Dismay of Hipsters 
 

Wal-Mart is rapidly buying up hip, small online retailers that appeal to wealthier shoppers in hopes of finally taking on Amazon. The deals give Wal-Mart access to new groups of shoppers, but some have balked at the change.

 
Credit Suisse Chief Gets Pay Bump Despite Loss in 2016 
 

Credit Suisse increased its bonus pool by 6% in 2016 to over $3 billion, despite posting a sizable loss.

 
Theranos Offers Shares for Promise Not to Sue the Company 
 

A deal approved by Theranos's board would give investors who pledge not to sue the battered blood-testing company some shares from founder Elizabeth Holmes's personal stake.

 
Air Products & Chemicals Walks Away From Bid for Yingde Gases 
 

Industrial gas maker Air Products & Chemicals Inc. backed away from its bid to buy China's Yingde Gases Group Co.

 
Samsung's Restructuring Plan Faces Challenges 
 

Samsung Electronics' chief executive said that officials see challenges in restructuring the sprawling Samsung conglomerate, with a continuing review revealing "adverse implications" to switching to a holding-company structure.

 
Lotte Chairman Plans Anew for Hotel-Business IPO 
 

Lotte Group Chairman Shin Dong-bin will revive plans for a public listing of Hotel Lotte after next year, as he plots a new approach to restructuring one of South Korea's most complex business empires.

 
ProShares Doesn't Want to Pay Schwab to Sell Its ETFs 
 

ProShare Advisors LLC has pulled out of an agreement to sell some of its ETFs through a Charles Schwab Corp. distribution system that offers commission-free online trades to consumers.

 
How to Beat Tesla? Mercedes and BMW Take Different Roads 
 

Mercedes-maker Daimler has outperformed BMW in recent years, but the companies' contrasting electric-vehicle strategies could mark a new turning point.

(END) Dow Jones Newswires

March 24, 2017 09:15 ET (13:15 GMT)

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