Weinstein Co. Advances Toward Sale 
 

Weinstein Co.'s owners have entered exclusive negotiations to sell the embattled studio to a group led by businesswoman Maria Contreras-Sweet for a little more than $500 million, people close to the talks said.

 
Clash Between Founder and Protégé Plunges Och-Ziff Into Crisis 
 

Och-Ziff Capital Management faces turmoil as founder Daniel Och upends plan for James Levin to succeed him as head of the U.S.'s largest publicly traded hedge fund. Behind the rift: money and control.

 
Musk Could Net Billions by Hitting Tesla's New Milestones 
 

Tesla unleashed a bold pay package for Chief Executive Elon Musk that again ties his compensation entirely to key performance benchmarks. This time, the goals take the electric-car maker to cosmic heights, including an ultimate aim of hitting $650 billion in market value.

 
Bank of America Expands Office Space in L.A. 
 

Bank of America has renewed its office lease in downtown Los Angeles and taken more space as competition for office tenants heats up among landlords.

 
Disney to Pay $1,000 Bonuses 
 

Walt Disney Co. will pay $1,000 cash bonuses to more than 125,000 workers and put $50 million into a new program to cover tuition costs for hourly workers, the company said Tuesday.

 
Minnesota Public Radio Defends Firing of Host Garrison Keillor 
 

Two months after cutting ties with Garrison Keillor, Minnesota Public Radio offered a lengthy explanation that appeared to contradict the prominent radio host's own account of his ouster over allegations of inappropriate behavior.

 
Court Drops Government's Appeal of MetLife Case 
 

A federal appeals court dismissed a case involving MetLife Inc.'s designation as a "systemically important financial institution," the last step in the insurer's path to shedding the label.

 
Consumer Brands Can't Cut Their Way to Growth 
 

Procter & Gamble and Kimberly-Clark are under pressure to invest in expansion.

 
Sexual-Harassment Suit Naming Ad Agency Shines Light on Client Dealings 
 

A former staffer at IPG's Initiative media agency claims she was sexually assaulted by an employee of Dr Pepper, an important client, and agency executives retaliated against her.

 
United Continental Reports Higher-Than-Expected Earnings 
 

United Continental Holdings Inc. said fourth-quarter net income rose 46% on a modest uptick in revenue and laid out plans to invest in hubs and add capacity to better compete with rivals.

 
 

(END) Dow Jones Newswires

January 23, 2018 21:00 ET (02:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.