Ford and Volkswagen Discuss Developing Vehicles Together

Ford and Volkswagen are exploring how they could work together to better compete globally as cars become more technologically advanced and customer expectations evolve.

 
AT&T in Talks to Acquire AppNexus for About $1.6 Billion

AT&T is in talks to acquire AppNexus, a deal that would give the telecom giant a foothold in digital ad sales as it seeks to challenge Google and Facebook.

 
GE Drops Out of the Dow After More Than a Century

General Electric will drop out of the Dow Jones Industrial Average next week, a milestone in the decline of a firm that once ranked among the mightiest of U.S. blue-chips.

 
U.K. Clears Path for Fox to Partake in Bidding War for Sky

The U.K. government has all but given Rupert Murdoch's Fox permission to partake in a bidding war for British pay-TV giant Sky, clearing one of the last obstacles for a corporate takeover battle that also includes Disney and Comcast.

 
JCDecaux Makes Bid For Australia's APN Outdoor

JCDecaux has made an offer of $812 million to buy Australian advertiser APN Outdoor Group.

 
Vitol Launches Australia's Biggest IPO in Years

Commodities trader Vitol Group is revving up a listing of its Australian fuel supply and marketing business, seeking to raise up to US$2.26 billion in what would be the biggest initial public offering locally in years.

 
Noble Group Shareholders to Get Sweeter Deal

Noble Group Ltd. shareholders are set to receive a sweeter deal, as the embattled commodities trading house has received support from its Abu Dhabi-based investor for its restructuring proposal.

 
Starbucks to Close More Stores Amid Glut of Coffee Shops

Starbucks Corp. said it will close more stores in the increasingly crowded U.S. market where it was a pioneer.

 
Bank of America to Pay $42 Million to Settle SEC Electronic-Trading Charges

Bank of America Merrill Lynch will pay $42 million for misleading clients by routing orders to high-speed trading firms without telling the customers, the Securities and Exchange Commission said Tuesday.

 
McKinsey Investments Weren't Disclosed in Bankruptcy Cases

Its retirement fund invested in hedge funds with financial interests in six bankrupt companies the consulting firm was advising.

(END) Dow Jones Newswires

June 20, 2018 05:15 ET (09:15 GMT)

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