GM Under Pressure by Einhorn to Split Stock in Two Classes 
 

General Motors is facing pressure from investor David Einhorn to boost its languishing stock price.

 
China's Tencent Buys 5% Stake in Tesla 
 

Tencent has taken a 5% stake in Tesla, making the biggest company in China one of the largest owners of Elon Musk's cash-hungry electric car maker.

 
Chipotle Removes Preservatives From Its List of Ingredients 
 

Chipotle said it has eliminated preservatives and other unwanted additives from its menu, seeking to match consumer demand for foods they perceive as more natural.

 
Amazon Launches Grocery Pickup Stores in Seattle 
 

Amazon.com said it was launching a new grocery-store pickup service, pushing deeper into brick-and-mortar retail as it moves to capture more of what people spend on food.

 
SpaceX Aims for Historic Rocket Launch With Reused Booster 
 

Elon Musk's SpaceX will strive to make history once again, highlighting benefits of reusable boosters with the launch of the first large, liquid-fueled rocket powered by engines previously fired in space.

 
Trump Touts Ford's Plan to Invest in Three Michigan Plants 
 

President Donald Trump steered attention back to the auto industry Tuesday, saying in a tweet that Ford is planning to announce investment in three Michigan plants, indicating the moves will result in jobs.

 
Amazon to Buy Middle East E-Commerce Site Souq.com 
 

Amazon.com is acquiring Dubai-based Souq.com, placing one of its biggest global bets in recent years on the small but rapidly-expanding Middle Eastern online shopping market.

 
Ocean Rig Files for U.S. Bankruptcy Protection 
 

Offshore drilling contractor Ocean Rig UDW filed for bankruptcy protection in the U.S. to block distressed debt investors from interfering with its debt restructuring.

 
Aviva Looks to Sell Friends Provident International 
 

U.K.-based insurer Aviva is looking to sell Friends Provident International, its unit that serves high-net-worth clients in Asia and the Middle East, in a deal that could fetch up to $750 million, with China's Fosun and ANA among those interested in buying it.

 
Embattled Chinese Dairy Loses Contact With Co-Owner 
 

China Huishan Dairy Holdings, battling reports of financial irregularities and coming off an 85% share-price drop Friday, said it has lost contact with a top executive and co-owner who abruptly left the company last week.

(END) Dow Jones Newswires

March 28, 2017 11:15 ET (15:15 GMT)

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