Samsung Releases Arthritis Drug in First Foray Into U.S. Pharmaceuticals

South Korea's Samsung conglomerate, best known for its smartphones and televisions, will make available in the U.S. its lower-price copy of Johnson & Johnson's blockbuster rheumatoid-arthritis drug Remicade.

 
KKR to Buy WebMD in $2.8 Billion Deal

KKR has reached a deal to buy WebMD Health Corp. for $2.8 billion. The New York-based health-information provider had been running an auction after publicly putting itself in play earlier this year.

 
U.K. Opens Corruption Probe in Rio Tinto in Guinea

The U.K.'s Serious Fraud Office said Monday it opened an investigation into suspected corrupt activities by mining giant Rio Tinto in Guinea.

 
Time Looks to Sell Majority Stake in Essence

Time Inc. is looking to sell a majority stake in Essence, the first big move by the publisher since it decided against selling the entire company this spring.

 
Apple Supplier Foxconn Looks at Producing Display Panels in Wisconsin

Taiwan's Foxconn Technology Group, which assembles Apple's iPhones, is nearing a decision to invest in Wisconsin and could hold an event in Washington, D.C., as soon as this week to discuss U.S. investment plans.

 
Alphabet Earnings: What to Watch

Google parent Alphabet Inc. is scheduled to announce second-quarter earnings after the market closes Monday. Here's what you need to know.

 
Blue Apron Soars as Analysts Weigh In

Shares of Blue Apron Holdings are having their best day ever after several of the banks that helped the company go public sounded a bullish note.

 
HNA Details New Ownership Structure

One of China's most acquisitive conglomerates, privately owned HNA Group, has unveiled a new ownership structure in a bid to eliminate doubt over who ultimately controls the group.

 
Telecom Italia CEO Said to Be Leaving Amid Vivendi Tensions

Telecom Italia is set to announce the departure of Chief Executive Flavio Cattaneo, after mounting tensions with shareholder Vivendi, according to people familiar with the matter.

 
Arconic Distances Itself From Grenfell Fire

Arconic Inc. Interim Chief Executive David Hess on Monday expressed sympathy for the victims of a deadly fire last month in London's Grenfell Tower, but stressed the company had no control over the use of its aluminum panels on the building's exterior.

(END) Dow Jones Newswires

July 24, 2017 15:00 ET (19:00 GMT)

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