HSBC to Be Released From U.S. Deferred Prosecution Agreement

HSBC is to be released from a controversial agreement that let it avoid U.S. criminal charges in 2012, after it was judged to have sufficiently improved its systems to keep out financial criminals.

 
Steinhoff Seeks to Shore Up Finances With Extra Advisers

Steinhoff has appointed additional outside advisers as the retail giant battles a burgeoning financial crisis that has engulfed the firm since it disclosed possible accounting irregularities last week.

 
J.P. Morgan Chase's Sapphire Reserve Card Gets a New Chief

J.P. Morgan Chase is bringing in a new executive to run one of its hottest products, the Sapphire Reserve credit card, at a time when doubts have surfaced within the bank about its financial prospects.

 
Disney Deal for Fox Would End Era of the 'Big Six' Studios

Walt Disney would likely significantly scale back Fox's movie studio if the company nails down a deal to buy most of the assets of 21st Century Fox, as part of Chief Executive Robert Iger's plan to transform the company into a direct-to-consumer digital powerhouse to rival Netflix.

 
Qatar, Britain Finalize Deal for 24 Jet Fighters

The government of Qatar and British weapons maker BAE Systems have finalized a multibillion deal for 24 combat jets, continuing a weapons buying spree by the Middle East country.

 
Boeing Gives Up on Fighter-Jet Deal With Canada

Boeing Co. said Friday it believes Canada will follow through on its threat and abandon plans to buy 18 F/A-18 Super Hornet aircraft in a $5.2 billion deal, in the latest fallout from heightened trade tensions between Ottawa and Washington.

 
Hospital Giants in Talks to Create U.S.'s Largest Operator

Ascension and Providence St. Joseph Health are in talks about a possible merger that would put 191 hospitals in 27 states under a single owner, as a series of major deals are poised to consolidate control of the health-care landscape into fewer hands.

 
Trump Vows Punishment for Wells Fargo

President Trump threw himself into a debate about the direction of a consumer-finance regulator, pledging punishment for Wells Fargo despite his administration's promise to ease postcrisis financial regulation.

 
Jony Ive Returns to Apple to Oversee Design Teams

Ive resumes control of industrial-design and user-interface teams, which he stepped away from to focus on development of Apple's new headquarters.

 
'Coco' Tops Box Office Again as 'Star Wars' Waits in Wings

The animated family film ""Coco" topped the box office for a third time on a quiet, pre-"Star Wars: The Last Jedi" weekend in theaters.

(END) Dow Jones Newswires

December 11, 2017 07:15 ET (12:15 GMT)

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