Redstones Win a Round in CBS Fight
CBS lost the first round in a battle to break free from its controlling shareholder after a judge denied its request for a temporary restraining order against the Redstone family that would have enabled the company to strip the family of its voting power.
Wells Fargo Altered Information on Business Customers' Documents
The alterations by employees in a Wells Fargo unit that handles business banking again raises questions about the bank's risk-management practices.
Store Changes Help Walmart, Macy's, but J.C. Penney Falls Further Behind
A strong U.S. economy and recent store improvements are helping Walmart Inc., Macy's Inc. and many other big retail chains recapture revenue they have lost to online shopping.
FDA Calls Out Drug Makers That Improperly Block Generic Competition
The Food and Drug Administration took the aggressive step of publicly exposing drug companies it says may be gaming the system by improperly blocking competition from generics.
BJ's Wholesale Files for IPO
BJ's Wholesale Club Holdings Inc. filed for an initial public offering Thursday, in a move that is relatively rare for a retailer recently.
The Novartis-Cohen Connection Explained
The controversy involving payments received by Michael Cohen, President Donald Trump's personal attorney, spread across the Atlantic in mid-May, with the disclosure that Swiss pharma giant Novartis had paid a total of $1.2 million to a company used by Mr. Cohen for what Novartis called advice on "health-care policy matters." Dow Jones explains.
Fox News Names Suzanne Scott its First Female CEO
Suzanne Scott, the longtime programming chief of Fox News, has been named chief executive of the top-rated cable news channel in an executive reorganization.
YouTube to Launch New Music-Streaming Service Tuesday
An ad-supported version of YouTube Music will be free, while an ad-free version, YouTube Music Premium, will cost $9.99 a month.
China Approves Toshiba's $18 Billion Sale of Its Memory-Chip Unit
China has approved Bain Capital's $18 billion deal to acquire Toshiba's memory-chip unit, a gesture of goodwill from Beijing as it tries to stave off U.S. trade penalties.
Kroger Turns to U.K. Online Grocer to Lift Its Digital Business
Kroger Co. has struck a deal with a British grocer known for its use of robots to supercharge its online delivery business as the biggest U.S. grocery chain works to fend off Amazon.com and Walmart Inc.
(END) Dow Jones Newswires
May 17, 2018 13:15 ET (17:15 GMT)
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