GE Nears Deal to Sell Industrial-Engines Unit

General Electric is nearing a deal to sell a unit that makes large industrial engines to private-equity firm Advent International for $3 billion or more, people familiar with the matter said.

 
'Jurassic World' Sequel Falls Short of Previous Installment

"Jurassic World: Fallen Kingdom" opened to an estimated $150 million in the U.S. and Canada. That is a healthy debut by most measures, but 28% below the $208.8 million start for the first "Jurassic World."

 
Intel's Chip Stumble Is Letting Rivals Pull Ahead

The next chief of Intel will take over just as the chip giant is falling behind for the first time in an expensive race to shrink the circuitry on chips.

 
AT&T Expressed Interest in CBS Before Time Warner

Before AT&T CEO Randall Stephenson set his sights on Time Warner, he expressed interest in acquiring CBS and met with Shari Redstone.

 
GE Factories in Wisconsin, South Carolina Caught in U.S. Trade Fight

GE's MRI business offers a window into the complex interconnections of global trade, where components made in one country get assembled in another and may be sold back into the first.

 
Why Size Alone Won't Help Old Media Beat Netflix

Even if incumbents such as Disney and AT&T bulk up, tech companies like Netflix, Amazon, and Apple will still have more leeway to spend.

 
Conagra, General Mills Square Off in Battle to Revive Packaged Foods

Earnings this week will offer an update on who's winning the race to revive older food brands.

 
Why Big-Ticket Items May Soon Cost You More Online

The U.S. Supreme Court's ruling enables states to collect sales tax from all online purchases, eliminating the advantage of buying some big-ticket items from websites like Amazon.com.

 
SL Green to Buy Stake in 245 Park Avenue From HNA

SL Green Realty is buying a stake in the office building from the Chinese conglomerate, which has been under pressure from regulators to sell its assets.

 
SEC Probes Whether Firms Rounded Up Earnings Results

The SEC is investigating whether companies have engaged in improper rounding up of quarterly earnings, people familiar with the matter said.

(END) Dow Jones Newswires

June 24, 2018 23:00 ET (03:00 GMT)

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