IKEA CEO Quits Less Than Four Years Into the Job 
 

IKEA Chief Executive Peter Agnefjäll has resigned in a surprise move less than four years after formally stepping into the role.

 
France's Safran Cuts Offer for Zodiac Aerospace by About 15% to $8.2 Billion 
 

French aerospace supplier Safran said it cut its bid price for Zodiac Aerospace about 15% to about $8.2 billion after renewed profit headwinds came to light at the beleaguered plane cabin-interior specialist.

 
What J.Crew Missed: Technology's Radical Impact on Retail 
 

Fashion executive Mickey Drexler concedes he didn't see how speed and price would drive web shoppers. After 10 quarters of falling sales, the retailer wants to create a more accessible image and add digital marketing.

 
Investor Loeb to Seek Changes to Dow-DuPont Post-Merger Plan 
 

Activist investor Dan Loeb plans to publicly push for changes to the complicated combination and breakup of Dow Chemical and DuPont, according to a presentation reviewed by The Wall Street Journal.

 
CF Corp to Buy Fidelity & Guaranty Life 
 

An acquisition company created by a former Blackstone Group partner and Fidelity National Financial's chairman reached a deal to buy life insurance provider Fidelity & Guaranty Life in an all-cash deal worth about $1.84 billion.

 
Gillette Faces New Attack From an Old Razor Rival 
 

Edgewell Personal Care Co., maker of Schick, the No. 2 U.S. razor brand, is mounting a direct challenge to the Procter & Gamble unit with an online subscription service that sells blades that fit on a Gillette handle but cost less.

 
BMO Reports Slower-Than-Expected U.S. Business Activity 
 

Bank of Montreal said loan and deposit growth in the U.S. moderated in its latest quarter on slower-than-anticipated business activity.

 
Ford CEO Shift Hands Larger Roles to Two Key Lieutenants 
 

New CEO Jim Hackett is handing greater sway to lieutenants Joe Hinrichs and Jim Farley.

 
Tech Startups Feel Squeeze as Obamacare Uncertainty Mounts 
 

Many health-technology startups are revamping their business strategies and others are finding it tougher to attract fresh capital as they confront the possible repeal of the Affordable Care Act.

 
Videogame Software Startup Unity Is Valued at $2.8 Billion 
 

Unity Technologies is putting the finishing touches on a $400 million funding round of financing that values the videogame technology company at about $2.8 billion, according to people familiar with the matter.

(END) Dow Jones Newswires

May 24, 2017 13:00 ET (17:00 GMT)

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