Broadcom Cuts Offer for Qualcomm Over New NXP Deal Price 
 

Broadcom knocked more than $4 billion off its bid to acquire Qualcomm, firing back a day after Qualcomm sweetened its own offer to acquire NXP Semiconductors by billions.

 
How Jeffrey Immelt's 'Success Theater' Masked the Rot at GE 
 

A culture that disdained bad news contributed to overoptimistic forecasts and botched strategies. GE stock has almost halved since Mr. Immelt resigned as CEO and the company is considering whether to break itself up.

 
Priceline Group Rebrands to Booking Holdings 
 

Priceline Group has changed its name to Bookings Holdings, a move the company says better represents the diversity of its businesses.

 
Hawaiian Dumps Airbus Order for Boeing Jets 
 

Hawaiian Airlines is expected to cancel an order for Airbus SE long-haul jets in favor of buying its first new Boeing Co. 787-9 Dreamliners, according to people familiar with the negotiations.

 
Activist Investor Calls for Spinoff of Some Bloomin' Brands Restaurants 
 

An activist investor is calling for Bloomin' Brands to spin off some of its restaurant brands, revamp its board of directors and adopt more aggressive cost-cutting goals, arguing the Outback Steakhouse-operator is lagging behind its industry peers.

 
R-Rated Behavior of Star Producer Makes Drama for Disney 
 

Tom Schumacher, the executive behind Disney's new "Frozen" musical, has been accused of explicit sexual language and behavior in the workplace, even as he turned the entertainment company into a powerful force on Broadway.

 
Dish Network Highlights Sling TV Subscribers as Pay-TV Declines 
 

Dish Network disclosed how many Sling TV subscribers it has for the first time as the company looks to assure investors it can grow in new businesses while customers continue to drop their traditional television packages.

 
JPMorgan Chase to Build Giant New Headquarters in Manhattan 
 

JPMorgan Chase plans to build a new 2.5 million square-foot headquarters at 270 Park Ave. in New York City, the first major project under a city rezoning plan designed to rejuvenate the building stock in one of its biggest job centers.

 
Lloyds: An Undervalued Cash Cow in Banking 
 

Lloyds Banking Group has become nice little earner for investors, as the U.K. bank launched a share buyback and promises more.

 
SpaceX Indicates Internet System Will Take Longer Than Anticipated 
 

SpaceX's proposed internet-via-space project is slated to launch two experimental satellites on Thursday, even as the company tamps down expectations such prototypes will quickly evolve into a functioning global system.

 
 

(END) Dow Jones Newswires

February 21, 2018 15:15 ET (20:15 GMT)

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