Intel CEO Resigns Over Relationship With Employee

Intel CEO Brian Krzanich resigned after the company determined he violated company policy by having a past, consensual relationship with an Intel employee.

 
Deutsche Bank Breaks Up Its Global Corporate-Strategy Group

Deutsche Bank AG's global corporate-strategy team is being dismantled and the executive who runs it, Ali Almakky, is leaving that role, according to people familiar with the matter.

 
Kroger's New Approach to Stocking Shelves Is Boosting Earnings

Kroger delivered stronger than expected earnings and sales growth on Thursday, sending its stock up around 10% in early trading.

 
Darden Restaurants Sees 2.2% Same-Store Sales Growth

Darden Restaurants made $175.4 million from continuing operations, or $1.40 a share, up 40% from the same quarter a year ago. Same-store sales rose by 2.2%, beating estimates from analysts.

 
This $2.5 Billion Wildfire Charge May Be Just the Beginning for California Utilities

The parent of California's largest investor-owned utility plans to take a $2.5 billion charge related to a spate of deadly wildfires that swept the northern part of the state last October.

 
AmTrust Goes Private in $2.95 Billion Cash Deal

AmTrust Financial Services announced that shareholders have approved its plan to be taken private by two New York families and a private-equity firm.

 
Standing Between Comcast and Fox: Media Titans' Rocky Relationship

Tensions between Comcast CEO Brian Roberts and 21st Century Fox Executive Chairman Rupert Murdoch are complicating Comcast's pursuit of the biggest media deal in years. Both Comcast and Disney, who are vying for Fox's entertainment assets, are seeking to counter the challenge of cord cutting and new technology rivals.

 
AT&T Unveils $15-a-Month Video Service

The service, tentatively named WatchTV, aims to use a "skinny bundle" of channels to recapture some of the millions of cord-cutters who dropped cable and satellite television.

 
Insurers to Expand Presence in Affordable Care Act Marketplaces

After years of pullbacks, insurers are increasing their footprints in the Affordable Care Act marketplaces next year, despite uncertainty including the latest court challenge to the health law.

 
GM Gives Product Chief More Responsibility Over Cadillac Turnaround

General Motors is shuffling the roles of two top executives, giving its product chief more responsibility over the turnaround of its ailing luxury brand.

(END) Dow Jones Newswires

June 21, 2018 19:15 ET (23:15 GMT)

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