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.

 
Ford North America President Leaves Following Misconduct Allegations

Raj Nair, Ford's president of North America, has left the car company following allegations of misconduct, the company said.

 
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.

 
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.

 
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 Causes 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 Gains Sling TV Customers but Retention Is a Problem

Dish Network Corp. said its Sling TV streaming-video service has signed up 2.2 million subscribers in the company's first disclosure of a figure, but Chairman Charlie Ergen said customer retention is a significant challenge.

 
JPMorgan Chase to Build Giant New Headquarters in Manhattan

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

(END) Dow Jones Newswires

February 21, 2018 17:15 ET (22:15 GMT)

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