NBCUniversal CEO Steve Burke to Depart Next Year

NBCUniversal Chief Executive Steve Burke is expected to step down by next August, when his current contract expires, and his most likely successor at the media company is Film and Entertainment Chairman Jeff Shell.

 
Global Food-Delivery Battle Heats Up With $4 Billion Deal

European food-delivery giant Delivery Hero has agreed to buy South Korean rival Woowa for $4 billion, heating up the global battle to meet growing consumer demand for delivered meals.

 
Ad Giant Dentsu Names Jacki Kelley as CEO of Americas

Dentsu Aegis Network, a unit of Japan's Dentsu, named agency and media veteran Jacki Kelley as chief executive of its Americas operations, succeeding Nick Brien.

 
Delivery Hero Jumps on Woowa Buy

Germany's Delivery Hero will buy Woowa Brothers in a deal that values its South Korean rival at $4 billion, the latest move in consolidation in the food-delivery industry.

 
Henkel Hit After Profit Warning

Shares in Henkel fell sharply after the consumer-products company said it expected lower earnings for fiscal 2020, warning that investments in marketing and IT were weighing on its results.

 
Liberty Media Seeks to Increase Stake in iHeartMedia

An affiliate of John Malone's Liberty Media is seeking Justice Department permission to buy a larger piece of iHeartMedia, according to people familiar with the matter.

 
FTC Weighs Move Against Facebook Over How Its Apps Interact

Federal officials are considering seeking a preliminary injunction against Facebook over antitrust concerns related to how its products interact, according to people familiar with the matter.

 
Oracle Won't Return to Dual-CEO Structure

The software company, which reported higher profit and flat revenue, won't return to a dual-CEO structure after the death this year of co-Chief Executive Mark Hurd.

 
Boeing's MAX Fixes Not Likely to Get FAA Approval Until February

The global grounding of Boeing's 737 MAX is set to stretch to nearly a year as regulators expressed concern that the U.S. plane maker set unrealistic expectations for the jetliner's return to passenger service.

 
Broadcom Expects Its Earnings to Bounce Back

The chip maker promised an earnings recovery in the current year after the company posted weaker fourth-quarter figures, dented by the protracted U.S. export ban of some items to Chinese telecom giant Huawei.

(END) Dow Jones Newswires

December 13, 2019 13:15 ET (18:15 GMT)

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