P&G Trying to Stop 'Dangerous' Tide Pods Challenge, CEO Says

Procter & Gamble CEO David Taylor on Monday outlined steps the company is taking to keep teens from eating Tide laundry pods for sport, a behavior he called a "dangerous trend" fueled by social media.

 
Former Fiat Executive Pleads Guilty to Illegal Payments for UAW Leaders

A former Fiat Chrysler executive pleaded guilty to making illegal payments to union leaders and to filling a false tax return that failed to include $840,000 in income illegally siphoned from the company.

 
News Corp's Murdoch Urges Facebook to Pay Publishers for Content

News Corp Executive Chairman Rupert Murdoch said if Facebook is serious about promoting "trusted content" and filtering fake news out of its news feed, it should pay publishers fees similar to those cable distributors pay to TV channels.

 
Bacardi Buying Patrón Tequila in Deal Valuing Brand at $5.1 Billion

Bacardi Ltd. is acquiring the maker of Patrón tequila in a deal that values the premium brand at $5.1 billion, one of the biggest liquor buys in years as rivals scramble to own more top-shelf spirits.

 
Adobe CFO Garrett to Retire, Company Books Charge, Raises Guidance

Adobe Systems Inc. finance chief Mark Garrett is retiring from the company after spending more than a decade in that role.

 
Netflix Says Catch Me if You Can

Netflix has set a new subscriber record, with growing viewers in global markets.

 
Netflix Continues Landing Customers

Netflix Inc. again posted strong subscriber growth even as it faces increased competition for viewers and programming.

 
FirstEnergy Gets $2.5 Billion From Elliott, Bluescape Investor Group

FirstEnergy has raised $2.5 billion in a private stock offering from a group led by activist investor Elliott Management and private-equity firm Bluescape.

 
Big Drugmakers Pay Big Prices for Promising Biotechs

Celgene and Sanofi are the latest big drugmakers willing to pay heft premiums for acquisitions amid an increasingly scarce roster of companies with promising products.

 
Five Missing After Well Explosion in Oklahoma

Five oil-field workers in Oklahoma were missing Monday after a natural gas well blowout 150 miles east of Oklahoma City, local officials said.

(END) Dow Jones Newswires

January 22, 2018 23:15 ET (04:15 GMT)

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