Ford Hires BlackBerry Employees to Work on Connected Cars 
 

Ford Motor is hiring 400 engineers from BlackBerry's mobility-solutions unit to help develop internet-connected vehicles, giving a boost to the auto maker's software development efforts.

 
Volkswagen, States Reach More Emissions-Cheating Settlements 
 

Volkswagen AG reached additional emissions-cheating settlements with state attorneys general in the U.S., adding to the big financial hit the German auto giant has suffered from rigging diesel-powered vehicles to dupe government regulators.

 
Pimco Names Head of Private Strategies 
 

Pacific Investment Management Co. hired a former Blackstone Group executive, Gregory Hall, to lead its private-equity investment teams.

 
McDonald's Upgrades Quarter Pounder, Using Fresh Beef 
 

McDonald's will switch to fresh beef from frozen in its Quarter Pounder burgers at the majority of its restaurants nationwide by mid-2018 in one of the biggest moves the company has made to turn around its struggling U.S. business.

 
Texas Regulators Give Preliminary 'No' to NextEra Takeover of Oncor 
 

NextEra Energy Inc.'s proposed takeover of one of the largest electricity transmissions businesses in the country, Oncor, is in big trouble with key Texas energy regulators.

 
Canadian Imperial Bank Raises PrivateBancorp Bid 
 

Canadian Imperial Bank of Commerce has raised the stakes of its takeover bid for PrivateBancorp Inc., upping the deal price by about $1 billion.

 
Lululemon Investors See Red as Company Cites Lack of Colorful Clothing 
 

Shares of Lululemon plunged Thursday after the company issued a weak outlook, blaming spring clothing that wasn't colorful enough to entice shoppers to its website or stores.

 
GE Chief Says 'Climate Change Is Real' in Rebuke to Trump Policy 
 

General Electric CEO Jeffrey Immelt defended efforts to reduce emissions and fight climate change after President Trump reversed rules pushing utilities to use cleaner fuels.

 
H&M Falters as Zara Owner Inditex Speeds Ahead 
 

Sweden's Hennes & Mauritz reported a 3% fall in first-quarter net profit from a year earlier on lower-than-expected sales growth and increased markdowns. The results come as a blow amid strong momentum at its main rival, Zara owner Inditex.

 
'You Are All Liars:' Toshiba Shareholders Vent After Westinghouse Bankruptcy 
 

Toshiba shareholders denounced management at a shareholders' meeting and asked why the Japanese conglomerate had plowed billions of dollars into a U.S. nuclear business that is now in bankrupcty proceedings.

 
 

(END) Dow Jones Newswires

March 30, 2017 13:00 ET (17:00 GMT)

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