Hain Celestial Announces CEO Succession Plans

The Hain Celestial Group announced a chief executive officer succession plan Monday, which would allow current CEO Irwin D. Simon to become nonexecutive chairman of the board once his replacement is found.

 
Supreme Court Rules for American Express in Swipe-Fee Antitrust Case

The Supreme Court backed American Express's policy of preventing retailers from offering customers incentives to pay with cheaper cards, a major victory for the company that puts its business model on solid legal ground.

 
Harley-Davidson to Shift Production Overseas to Offset EU Tariffs

Harley-Davidson plans to shift production overseas to avoid European Union tariffs on its iconic motorcycles, the latest manufacturer to reconfigure operations amid a widening global trade fight.

 
GE Agrees to Sell Industrial-Engines Unit

General Electric agreed to sell a unit that makes large industrial engines to private-equity firm Advent International for $3.25 billion, a move that would bring in needed cash for the struggling conglomerate.

 
AT&T Plots Marketplace for TV, Digital Video Ads

AT&T's advertising chief said the company's acquisition of AppNexus is part of a strategy to build a first-of-its-kind marketplace for TV and digital video advertising and give it more firepower against Google and Facebook.

 
Xerox CEO Calls Fujifilm Lawsuit 'Misguided'

Xerox Chief Executive John Visentin responded to Fujifilm Holdings's lawsuit against the company calling it "desperate" and "misguided," marking the new CEO's first public statement about the suit.

 
French Executive at Toyota Makes Nearly Triple Japanese CEO's Pay

Toyota Motor's highest-paid executive got a pay increase of millions of dollars, and he now makes nearly three times as much as his boss.

 
Hearst Magazines President Is Stepping Down

David Carey, the president of Hearst Magazines who helped launch such titles as HGTV Magazine and The Pioneer Woman Magazine, is stepping down from that role at the end of the year.

 
Court Blocks Payday for Chief of Bankrupt Mt. Gox Bitcoin Exchange

Creditors in Mt. Gox, a bitcoin exchange that collapsed in February 2014, are in line for a bigger payday after blocking a liquidation that could have netted former exchange chief Mark Karpelès hundreds of millions of dollars.

 
Gray TV to Buy Raycom in $3.65 Billion Deal

Gray Television agreed to buy fellow television station owner Raycom Media in a $3.65 billion deal that will create a company that reaches nearly a quarter of U.S. TV households.

(END) Dow Jones Newswires

June 25, 2018 15:15 ET (19:15 GMT)

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