Siemens, Alstom in Talks to Merge Rail Transportation Businesses

German industrial giant Siemens and French train-maker Alstom are in talks to create a European rail transportation powerhouse to better rival strong competition from China.

 
London Says It Won't Reissue Uber's License

The U.K. capital's top transport authority said Uber was unfit to hold on to its private-car hire license in the city, threatening a shutdown of the service in one of the ride-hailing company's biggest global markets.

 
Investors Wonder What's Next for L'Oréal and Nestlé After Bettencourt Death

The death of Liliane Bettencourt has placed a question mark over the decadeslong ties between L'Oréal and Nestlé, two of the world's largest consumer-goods companies.

 
Why Slow iPhone 8 Sales May Be Good for Apple

When new iPhones hit the market, they usually fly off the shelves. But with the two models that began selling Friday, there are signs demand is tepid-and some analysts say that could be a good thing for Apple Inc.

 
U.S. Commission Backs Import Protection for Solar-Panel Industry

In a 4-0 vote, the International Trade Commission approved a request from U.S. solar-panel makers to receive protection from imports, handing the Trump administration fresh ammunition in its quest to ramp up trade enforcement polices.

 
Equifax Hack Upends CEO's Drive to Be Data Powerhouse

Richard Smith took over as chief executive of Equifax 12 years ago this week. Under him, Equifax's market value more than quadrupled as the credit-reporting company became a data giant-before a systems breach raised questions about the company and its leader.

 
Publisher of Elvis Presley, Ella Fitzgerald Sold for $245 Million

Music-focused private-equity firm Round Hill Music Royalty Partners agreed to buy Carlin Music, one of the largest remaining independent music publishers, according to people familiar with the matter.

 
China Outpaces Silicon Valley in Mobile-Payments Race

China's online juggernauts Alibaba Group Holding and Tencent Holdings are beating Silicon Valley in the race to build mobile-money systems in some of the world's fastest-growing consumer markets.

 
Nintendo Switches on the Growth

Japanese videogame maker Nintendo is having another renaissance, but execution remains an obstacle to realizing investors' lofty expectations.

 
Hewlett Packard Enterprise to Cut 10% of Workforce

Hewlett Packard Enterprise plans to cut its workforce by 10%, according to a person familiar with the plans, the latest cost cuts as the business-technology giant combats increasing competition and higher component prices.

(END) Dow Jones Newswires

September 22, 2017 15:15 ET (19:15 GMT)

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