AMC Entertainment Lenders Hire Lawyers for Restructuring Talks

Lenders for AMC Entertainment have hired restructuring lawyers, according to people familiar with the matter, after the world's largest movie theater-chain shut down its cinemas due to the coronavirus pandemic.

 
A Top Occidental Executive Is Out as Company Grapples With Oil Rout

Oscar Brown, a key lieutenant of CEO Vicki Hollub, played a substantial role in last year's acquisition of Anadarko Petroleum.

 
Coronavirus Outbreak Takes Toll On U.S. Auto Sales

A collapse of showroom traffic in March led to a big drop in U.S. sales for major car companies in the first quarter, illustrating how quickly the coronavirus outbreak has dented business for one of the nation's largest industries.

 
Booming Interest in Zoom Cocktail Hour Comes With Corporate Hangover

Zoom Video Communications' newfound popularity amid the coronavirus pandemic is proving both a boon and a burden.

 
AT&T Names Former Hulu Boss as WarnerMedia CEO

Jason Kilar will take the helm at the unit housing HBO and CNN when it is on the verge of launching a new streaming service.

 
European Fund's Investors Face Penalty Amid Losses

A roughly EUR458 million European mutual fund with investments managed by Selwood Asset Management has imposed a levy on shareholders trying to exit the fund, showing how reduced liquidity in credit markets continues to hurt investors.

 
FDA Calls for Removal of Zantac

U.S. health regulators ordered the popular heartburn drug and other ranitidine generics off the market, citing a potential public-health risk.

 
T-Mobile Absorbs Sprint After Two-Year Battle

The conclusion of the cellphone carriers' combination brings to an end years of wrangling with federal and state authorities.

 
PG&E Fire Victims Agitate Against Deal to Exit Bankruptcy

Some victims of the California wildfires are campaigning to vote down the utility's exit plan over concerns it pays them half their settlement in shares, exposing them to higher risks than hedge funds, other creditors.

 
Spotify Strikes New Deal for Warner Music Catalog

Spotify and Warner Music have reached a new global licensing agreement, the companies said, ending a contentious yearslong negotiation between the streaming giant and the third-largest music label.

(END) Dow Jones Newswires

April 01, 2020 17:00 ET (21:00 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.