At BlackRock, Public Firings and Overseas Probe Send Message About Office Misbehavior

When BlackRock last year fired two executives who had engaged in romantic relationships with subordinates, the money-management giant showed it is determined to police its own workplace.

 
Worldline to Buy Ingenico

Worldline said it would buy payment-services provider Ingenico in a deal valued at EUR7.8 billion.

 
Ryanair Swings to Profit

Ryanair said it was extending its buyback program to the end of July as it reported a net profit of EUR87.8 million for the third quarter.

 
Boeing's Woes Create Headwinds for U.S. Economy

Boeing's halt in production of the 737 MAX jetliner could reduce first-quarter GDP by half a percentage point, and second-quarter output could also take a hit, according to at least three leading economists.

 
Apple Closes Chinese Stores, Corporate Offices Due to Coronavirus

The company's closures until Feb. 9 marks a significant escalation in its response to the coronavirus outbreak gripping China and roiling global markets.

 
WeWork Parent Names Sandeep Mathrani New CEO

Mr. Mathrani, previously chief executive of Brookfield Property Partners' retail group, succeeds Artie Minson and Sebastian Gunningham, who have been co-CEOs of We Co. since Adam Neumann stepped down.

 
Forever 21 Unveils Deal to Sell to Mall Owners

Forever 21 reached a deal Sunday to sell the retail chain to a consortium of buyers including landlords Simon Property Group, Brookfield Property Partners and Authentic Brands Group for $81 million.

 
Spotify, Apple Music Trail Little-Known Rival in Music-Obsessed India

The most popular music streaming service in India, the world's biggest untapped digital economy, isn't from Spotify Technology SA or Apple Inc. Instead, it is a local rival little known outside the country.

 
GlaxoSmithKline Offers Vaccine Booster to Research Groups

Vaccines giant GlaxoSmithKline said it would donate a vaccine-booster to groups racing to develop a shot against the new coronavirus.

 
JPMorgan's 'High-Class Problem': Its Rising Stock Makes Buybacks More Expensive

Jamie Dimon is facing a Warren Buffett-like problem: a lot of cash and an expensive stock. Analysts and investors are starting to ask if that means repurchases will slow.

(END) Dow Jones Newswires

February 03, 2020 07:15 ET (12:15 GMT)

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