Court Denies Arrest Warrant for Samsung Heir Lee Jae-yong

A South Korean court denied an arrest warrant for Lee Jae-yong, the scion of the Samsung conglomerate, for his alleged involvement in a national corruption scandal.

 
U.S. Sues Oracle, Alleging Salary and Hiring Discrimination

The Labor Department sued Oracle, alleging the technology company routinely pays its white male workers more than their counterparts in the same positions.

 
Wall Street Gets Back Its Groove

The historic U.S. election jolted Wall Street trading desks, buoying investor confidence and sparking activity that pushed the five biggest U.S. investment banks to sharply higher fourth-quarter profits.

 
Netflix's Global Growth Fuels Surge in Subscribers

Netflix's subscriber additions surged in the fourth quarter, fueled by an aggressive international expansion, as the streaming giant continues to stock up on content it hopes will appeal across multiple countries.

 
Outgoing Canadian Pacific CEO and Activist Investor to Target CSX

Hunter Harrison, the railroad veteran who announced his early departure from Canadian Pacific Railway, is joining with an activist investor in an attempt to shake up management at rival railroad CSX.

 
Nintendo to Roll Out Super Mario Run for Android OS in March

Nintendo Co. plans to launch its Super Mario Run smartphone game for Android OS in March, a three-month delay after the rollout for Apple Inc.'s smart devices.

 
Credit Suisse Finalizes $5.3 Billion Deal With U.S. Over Pre-Crisis Mortgage Securities

Credit Suisse finalized a $5.3 billion agreement to resolve claims that it misled mortgage bond investors before the 2008 financial crisis, as the Obama administration wraps up a number of crisis-era settlements in its final days.

 
Mallinckrodt Settles Antitrust Allegations on Unlawful Drug Monopoly

Irish drugmaker Mallinckrodt and a U.S. subsidiary will pay $100 million and agree to other conditions to settle government antitrust allegations they unlawfully prevented competition for Acthar, a drug that has seen enormous price spikes in recent years.

 
Sumner Redstone's Ex-Girlfriend Asks Court to Assess His Health

Sumner Redstone's ex-girlfriend has asked a California court to appoint an independent doctor to assess his health and, if he lacks mental capacity, appoint a guardian for him, according to documents filed Wednesday.

 
Kinder Morgan Swings to Profit Though Top Line Declines

Kinder Morgan Inc. swung to a profit in the final quarter of the year as the energy giant booked a smaller write-down, though revenue declined more than expected.

(END) Dow Jones Newswires

January 18, 2017 23:15 ET (04:15 GMT)

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