CSX Loses $6 Billion in Value After CEO Takes Medical Leave 
 

CSX shares fell 12%, erasing nearly $6 billion in market value, after CEO Hunter Harrison was placed on medical leave, highlighting the risk the railroad's board took when it agreed to hire the 73-year-old railroad veteran despite the emergence of unspecified medical problems earlier in the year.

 
With Fox Deal, Disney Adds Hulu to Its Digital Kingdom 
 

Walt Disney's plan to buy a large portion of 21st Century Fox's assets would double its 30% stake in Hulu-and for the first time a single company would control the streaming service.

 
Airbus Upheaval Triggers Search for New CEO 
 

Airbus is hunting for a new chief executive to navigate it through a spell of heavy turbulence, with Europe's largest plane maker facing investigations over alleged corruption and far-reaching departures among its senior ranks.

 
H&M Shares Plunge as Pivot to Digital Falls Short 
 

Shares in Hennes & Mauritz's dropped more than 15% after the Swedish fashion retailer reported weaker-than-expected fourth-quarter sales as it continues to grapple with the shift toward online shopping.

 
Deutsche Bank Had Flagged Manafort-Related Transactions 
 

Deutsche Bank earlier this year flagged around $30 million in potentially suspicious transactions as part of an internal investigation into its role as a conduit for money involving Paul Manafort or people and entities connected to him, according to a person briefed on the matter.

 
Property Data Firm Xceligent Files for Chapter 7 Protection 
 

The board of Xceligent Inc., one of the largest commercial real-estate data firms in the U.S., has filed for chapter 7 liquidation following a year-long legal battle with rival CoStar Group Inc. over alleged data theft.

 
Harvard Agrees to Spin Out Real-Estate Team to Bain 
 

Harvard University's endowment reached an agreement to spin out its direct real estate investment team into a new business for Boston private-equity firm Bain Capital.

 
Private-Equity Firm Silver Lake Plays Rare Role: Predator 
 

By Wall Street custom, private-equity firms rarely "go hostile" on a company they seek to acquire. That's what makes Silver Lake Management's decision to back Broadcom's $105 billion hostile takeover bid for rival chip maker Qualcomm all the more remarkable.

 
Steinhoff's Interim Chief Resigns Amid Accounting Probe 
 

Embattled retail giant Steinhoff International Holdings NV said its executive chairman, who was supposed to pick up the pieces after the company's chief executive resigned last week amid accounting irregularities, has stepped down.

 
China's HNA Starts Bond Buyback to Ease Investor Worries 
 

HNA said it bought back some of its bonds following recent price declines, another attempt to calm investors' concerns about its liquidity and financing pressures.

(END) Dow Jones Newswires

December 15, 2017 09:00 ET (14:00 GMT)

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