J&J Prepares to Untangle Finances Ahead of Planned Split 

Johnson & Johnson is trying to figure out how to divide its supply chain and substantial financial holdings as part of a planned split into two publicly traded businesses.

Advertising Market Keeps Growing Much Faster Than Expected, Forecasters Say 

The ad market is expanding much faster than forecasters predicted earlier this year, with GroupM reporting that total global advertising spend will reach $1 trillion in 2025.

Alibaba Reshuffles E-Commerce Teams Amid Competition, Slowing Growth 

Alibaba said it would reorganize its e-commerce teams and appointed a new chief financial officer, as the tech giant faces increasing competition in China, slowing growth and a plummeting stock price.

China Evergrande Shares Fall on Bond Default Warning 

China Evergrande Group's shares fell following the property developer's warning of possible cross-defaults on its dollar bonds after it was asked to repay a $260 million debt obligation.

Kohl's Urged to Consider Sale by Activist Investor 

Activist Engine Capital sent a letter also pressing the department-store chain to consider a separation of its e-commerce business.

Italian Billionaires, Fondazione CRT Raise Stake in Generali 

Two Italian billionaires together with banking foundation Fondazione CRT have taken their overall stake in Generali to more than 15%, as the parties push for more profitable and effective management.

Saint-Gobain Agrees to Buy GCP Applied Technologies 

Saint-Gobain said that it has agreed to acquire GCP Applied Technologies in a deal valued at around $2.3 billion, a move that strengthens the exposure of the French construction-materials company to the growth and profitability of construction chemicals.

Noodles Restaurant Chain Bets on Costlier Cheesy Pasta 

Colorado-based Noodles & Co. and other U.S. restaurant chains are weighing consumers' willingness to spend more on food as prices for goods rise.

Cruise Pricing Risks Sailing Off the Deep End 

Cruise pricing has never been a better deal for consumers in some cases. But cruise companies can't afford for that dynamic to last.

CNN President Jeff Zucker Protected Chris Cuomo. Then Came a U-Turn. 

The network boss fired the star anchor on Saturday, leaving a hole in the channel's prime-time lineup.


(END) Dow Jones Newswires

December 06, 2021 07:15 ET (12:15 GMT)

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