Papa John's Founder Recently Held Merger Talks With Wendy's

Papa John's founder and recently ousted Chairman John Schnatter has recently held talks to merge the pizza-delivery company with Wendy's.

 
IBM Rides New Businesses to Higher Revenue, Profit

IBM reported higher profit and sales for its latest quarter, with newer businesses like cloud computing contributing more than half of total revenue.

 
American Express Lifts Its Revenue Forecast for the Year

AmEx said that given its financial performance for the first half of the year, it now expects revenue for the year to increase at least 9%.

 
UnitedHealth Is Among Suitors Circling Tenet's Conifer Business

UnitedHealth Group is among suitors exploring an acquisition of Tenet Healthcare's health-care-management subsidiary, as the industry giant pursues further expansion.

 
Google Hit With Record $5 Billion EU Fine in Android Case

The EU fined Alphabet's Google $5 billion, a record for the bloc that could loosen the company's grip on its biggest growth engine: mobile phones.

 
Justice Department Wants to Speed Appeal of AT&T-Time Warner Deal

The Justice Department on Wednesday sought to fast-track its appeal of the court decision allowing AT&T to buy Time Warner, while offering the first hints of its legal arguments for the next phase of proceedings.

 
Morgan Stanley's Profit Jumps 39%

Morgan Stanley said its second-quarter earnings rose about 39% from a year ago, concluding a big-bank earnings season that showed continued strength in the economy.

 
Lawmaker Questions U.S. Trustee Over McKinsey's Conflict Disclosures

A Republican member of the House Judiciary Committee asked a Justice Department unit to detail how it enforces bankruptcy rules, concerned that undisclosed conflicts at McKinsey & Co.'s restructuring unit may be compromising the nation's bankruptcy system.

 
U.S. Regulators Support Removing Fed Oversight of Zions Bancorp

Regional U.S. banks are moving closer to getting relief from the stricter oversight they have faced since the 2008 financial crisis.

 
Sinclair Changes Divestiture Plans to Address FCC Deal Concerns

Sinclair Broadcast said it will change divestiture plans for three television stations to sweeten its chances of winning approval for its acquisition of Tribune Media and appease criticism from U.S. regulators.

(END) Dow Jones Newswires

July 18, 2018 21:00 ET (01:00 GMT)

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