Nestlé to Explore Options for Skin-Health Unit

Nestlé said it is exploring strategic options for its skin-health unit, the latest move by the Swiss packaged-foods giant to narrow its focus to food and beverages.

 
Aston Martin Prices London IPO

Aston Martin has priced its initial public offering on the London Stock Exchange, valuing the luxury-car maker at between 4.02 billion pounds and 5.07 billion pounds.

 
Bank of America Corporate, Investment Banking Chief to Depart

Bank of America corporate and investment banking head Christian Meissner is leaving the bank, according to an internal memo reviewed by The Wall Street Journal.

 
Profit Repatriation Slows in the Second Quarter After Tax Overhaul

U.S. companies repatriated $169.5 billion in foreign profits between April and June-more than in most recent periods, but underscoring a cautious approach to shifting huge sums across borders.

 
Bank of America to Pay $30 Million in Benchmark-Manipulation Settlement

Bank of America will pay $30 million as part of a settlement with the CFTC related to charges it tried to manipulate a benchmark for interest-rate products.

 
Biggest U.S. Public Pension Looks to China for New Investment Chief

An official with China's foreign-exchange regulator is the lead candidate to become next investment chief of the largest U.S. public pension fund.

 
Tech Bureau Corp Reports Theft of Bitcoin, Other Cryptocurrencies

Osaka-based cryptocurrency exchange operator Tech Bureau Corp said Thursday about $60 million worth of bitcoin and other cryptocurrencies had been stolen through unauthorized access.

 
Crypto Pioneer David Chaum Says He's Built a Better Bitcoin

David Chaum, the godfather of the cryptocurrency movement, is back with a plan to address bitcoin's biggest shortcoming: speed.

 
Alibaba's Jack Ma Discards Promise to Create One Million American Jobs

Chinese technology tycoon Jack Ma is recanting his promise to create one million jobs in the U.S., citing the trade spat between the world's two biggest economies.

 
Rio Tinto Plans Buybacks to Return Cash to Shareholders

Rio Tinto unveiled plans to buy back a swath of its Australia-listed shares before the end of the year as part of its move to return about $3.2 billion in proceeds from the sale of coal assets to its shareholders.

(END) Dow Jones Newswires

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

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