CBS to Combine News and TV Stations Divisions 

Wendy McMahon and Neeraj Khemlani will share responsibility for CBS News and CBS Television Stations as co-heads and presidents.

PPG's Shares Rise After Hours Following Upbeat 2Q Profit Outlook 

PPG Industries gave better-than-expected adjusted earnings guidance for the second quarter as it sees global industrial demand recovering.

SoftBank Infusion Meant to Pay Back Credit Suisse Investors Went to Greensill Bank 

That $440 million took a detour, complicating Credit Suisse's efforts to recover money owed to investors after Greensill collapsed into bankruptcy.

Alcoa says first quarter delivered strongest sales and profit in two years 

Alcoa tops Wall Street estimates and says 2021 will be a "strong" year for the company thanks to the ongoing economic recovery and more demand for aluminum.

Serious Blood Clots Are More Likely in Covid-19 Sufferers Than in Those Who Got Vaccine, Study Finds 

A study by the University of Oxford found the risk of rare but sometimes-deadly blood clotting is roughly eight to 10 times greater in Covid-19 sufferers than among people who have received any of the first three Western-developed vaccines widely available.

Former Braskem CEO Pleads Guilty to 'Operation Car Wash' Charges in U.S. 

José Carlos Grubisich pleaded guilty to two counts of conspiring to violate U.S. antibribery law, which carry a possible sentence of 10 years.

Kimco Realty to Buy Rival Weingarten Realty for About $3.9 Billion 

The deal values Houston-based Weingarten at an 11% premium to its Wednesday closing share price.

Citigroup Posts Higher Earnings, Will Trim Consumer Businesses 

The New York bank said it would exit its consumer operations in 13 countries, mostly across Asia, to focus on wealth management and other businesses.

Delta Should Keep Faith in Good Old Network Strategy 

The airline has stuck doggedly to the old network-carrier playbook even as the pandemic has made a mess of it. Now is no time to change course.

Bank of America Profit Doubles 

The nation's second largest bank posted earnings of $8.05 billion in the first quarter, up sharply from a year earlier, when lenders began stockpiling rainy-day reserves at the onset of the pandemic.


(END) Dow Jones Newswires

April 15, 2021 19:00 ET (23:00 GMT)

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