Airbus Reaches International Deal Over Corruption Probe

Airbus has reached a preliminary agreement with fraud agencies in the U.S., U.K. and France over a long-standing investigation into bribery and corruption.

 
Philips Mulls Options for Domestic-Appliances Unit

Philips said it will launch a review of options for its domestic-appliances business, as it posted a 17% fall in fourth-quarter net profit.

 
SAP Lifts Guidance as Earnings Rise

SAP raised its guidance for 2020 after the software giant posted an above-forecast operating profit of EUR2.84 billion.

 
U.S. Drugmakers Ship Antiviral Therapies to China

AbbVie and Johnson & Johnson are among the companies that have started shipping drugs approved to treat HIV, answering Chinese authorities' calls to test potential treatments for the Wuhan coronavirus.

 
For First Time, J&J CEO Testifies in a Talcum-Powder Court Case

Chief Executive Alex Gorsky testified in court for the first time in litigation over the safety of Johnson & Johnson's signature baby powder, saying the company has taken steps to ensure it is safe to use.

 
Shkreli, Associate Tried to Block Generic Versions of Drug, Suit Claims

Jailed drug company founder Martin Shkreli and an associate violated competition laws by working to block rivals from introducing generic forms of an antiparasite drug, the Federal Trade Commission and the New York attorney general alleged.

 
Fairway Market, Hoping to Close Sale, Can Draw on Bankruptcy Loan

A bankruptcy judge gave Fairway Market permission to draw on part of a bankruptcy loan the New York City grocer needs to keep its stores running while it tries to clinch a deal to sell them.

 
Whirlpool Profits from Higher Prices

Whirlpool said profit increased in the latest quarter after it raised prices on some appliances, and raw-material cost increases cooled.

 
Village Inn, Bakers Square Restaurant Chains File for Bankruptcy

The operator of the Village Inn and Bakers Square restaurant chains has filed for bankruptcy as it faces pressure from casual dining brands and larger competitors.

 
Arconic Considers Job Cuts Due to Boeing 737 MAX Production Halt

Boeing supplier Arconic said it expected to lose $400 million in sales and could cut jobs this year as a result of the plane maker's halted production of the 737 MAX.

(END) Dow Jones Newswires

January 28, 2020 03:15 ET (08:15 GMT)

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