Nestlé Unmoved by Demands From Activist Investor Third Point

Newly minted Nestlé Chief Executive Mark Schneider is facing the first big challenge of his short career in packaged foods.

 
With 54 Million to Go, This Airbag Recall Is Never Going To End

Japan's Takata has filed for bankruptcy protection and agreed to sell most of its business. But it could go on for years supplying parts for the tens of millions of its potentially deadly air bags that still need to be replaced.

 
Amazon's Grocery Ambitions Spell Trouble for Food Brands

Amazon's deeper push into the grocery business threatens to further pinch packaged-food companies already coping with slowing sales.

 
Google Could Be a Day Away From At Least $1 Billion EU Antitrust Fine

The European Union's antitrust watchdog will as soon as Tuesday hit Google with a fine of more than $1 billion and demand changes to the company's business practices, according to people familiar with the matter.

 
Rio Tinto Rebuffs Glencore Again in Bidding for Australian Coal Assets

Glencore suffered another setback in the bidding for Australian coal mines, after the commodity giant's rival Rio Tinto said it would rather take a sweetened offer from a Chinese-owned company.

 
In Unilever's Radical Hiring Experiment, Resumes Are Out, Algorithms Are In

To diversify its candidate pool, Unilever has ditched resumes and traditional campus recruiting. Its new process relies on algorithms to sort candidates and targets young potential hires where they spend much of their time: their smartphones.

 
Credit Suisse Denies Charging Excessive Fees in Mozambique Loan Scandal

The Swiss lender says audit by the risk management firm Kroll Inc. is 'incorrect and misleading.'

 
Berkshire Hathaway Buys 9.8% Stake in Store Capital

Warren Buffett's Berkshire Hathaway has picked up a 9.8% stake in real-estate investment trust Store Capital, at a time when many investors are growing concerned about the health of the commercial real-estate sector.

 
Arconic to Stop Selling Cladding Involved in London Fire

Arconic said Monday it will stop selling one type of aluminum cladding after the material was suspected to have contributed to the spread of a deadly fire through a London apartment tower.

 
Anthem Says Senate Health Bill Will Bolster Individual Insurance Market

Anthem Inc. said it believes that the Senate Republicans' health bill will bolster the individual insurance market, an endorsement for the legislation as many other insurers have suggested it could undermine the marketplaces created by the Affordable Care Act.

(END) Dow Jones Newswires

June 26, 2017 13:16 ET (17:16 GMT)

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