Starbucks to Offer Coffee Delivery Across U.S.

Starbucks plans to expand coffee delivery across the U.S. with UberEats as part of a broader strategy to try to reach more customers.

 
Investor Paulson Deposes Five Detour Gold Board Members

The hedge fund veteran scored a win in his six-month proxy battle with Canadian mining company Detour Gold by overthrowing the bulk of its board.

 
Whole Foods, Instacart Go Separate Ways

The move comes as the grocery store's owner Amazon is trying to expand its own delivery services.

 
Deutsche Bank Faces Fresh Calls for Scrutiny in Congress

Two Democratic senators called for an investigation into Deutsche Bank, citing probes into the German lender's activities in Russia and its role in recently surfaced money-laundering probes.

 
No Optical Illusion at Ciena

The fiber-optic gear supplier gets strong boost from cloud spending and sees more ahead.

 
Virgin Galactic Rockets Out of Atmosphere for First Time

Virgin Galactic LLC, Richard Branson's space-tourism venture, reached the edge of space in a test flight Thursday, four years after a fatal accident set back the project.

 
Caterpillar Puts CEO Back in Charge of Board

Caterpillar Inc.'s chief executive Jim Umpleby has been named chairman of the machinery giant's board as well, cementing his leadership nearly two year into his tenure.

 
GE to Sell Part of Digital Business

General Electric reached a deal to sell off part of its GE Digital business and set aside the rest in a separate company, as the conglomerate narrows its focus and scales back its software ambitions.

 
Renault Sticks With Carlos Ghosn as Internal Probe Finds No Illegality

Renault said Carlos Ghosn, under arrest in Japan for allegedly understating his compensation, will remain its chairman and CEO after an internal probe found no financial wrongdoing in France.

 
Big Four Accounting Firms' Revenue Rises 10.4%, Strongest Growth In Years

Global revenue at the Big Four accounting firms rose more than 10% in 2018, their strongest annual growth in at least a decade, as they continued a long shift toward consulting over their core auditing businesses.

(END) Dow Jones Newswires

December 13, 2018 15:00 ET (20:00 GMT)

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