China Life Buys Sprawling Portfolio of Small Market U.S. Real Estate 
 

China Life Insurance Group is buying a 95% stake in 48 commercial properties scattered throughout the U.S. in deal that values the portfolio at $950 million and highlights the growing appetite among foreign investors for real estate in markets they mostly have ignored until now.

 
Ford Looks to New CEO Jim Hackett For 'Tech-Savvy Energy' 
 

Jim Hackett likes to talk about "design thinking" and "fitness of use." His test now as new Ford CEO is to translate those catch phrases into meaningful change at the auto giant.

 
Brazilian Meatpacker JBS Shares Fall 30% Amid Insider-Trading Accusations 
 

Shares of Brazilian meatpacker JBS plunged more than 30%, costing the company about $2 billion, after President Michel Temer accused its owners of insider trading as part of a bitter battle over the country's corruption scandal.

 
Maxus Energy Wins Court Approval of Chapter 11 Plan 
 

Maxus Energy Corp. won confirmation Monday of a chapter 11 liquidation plan that spells out how its assets will be used to address New Jersey's contaminated Passaic River.

 
Another Gloomy Day for Amgen 
 

Nothing is going right for Amgen these days. It now says its experimental osteoporosis treatment, Evenity, is unlikely to win approval from the Food and Drug Administration this year.

 
CBS Extends Leslie Moonves's Contract Through 2021 
 

CBS said it reached a two-year contract extension with Chief Executive Leslie Moonves, who is now expected to stay with the media company through June 30, 2021

 
Amid Slide in DVD Sales, Redbox to Rent Some Movies Sooner 
 

Redbox got a boost in its efforts to compete with digital outlets Monday as Hollywood's largest studio agreed to make its movie discs available earlier in the company's movie-rental kiosks.

 
Remember 'Avatar'? Disney Hopes So With $500 Million Bet on Theme Park 
 

Disney is betting the most successful movie ever will prolong a hot streak for its theme parks. But will tourists flock to a place inspired by an eight-year-old film?

 
Solar-Energy Giant Was Manipulating Sales Data, Say Former Managers 
 

Former managers at one of the largest U.S. solar-energy companies say they manipulated a key sales metric around the time of the company's 2015 initial public offering.

 
Citigroup to Tap Nasdaq for Blockchain Payment Technology 
 

Citigroup Inc. and Nasdaq Inc. are partnering to match up the blockchain with real money.

(END) Dow Jones Newswires

May 23, 2017 01:15 ET (05:15 GMT)

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