General Mills Boosts View as Quarterly Sales Rise 13% 

The improved outlook came after the food maker posted better-than-expected financial results.

Toshiba Announces $15 Billion Plan to Be Taken Private 

Toshiba said the buyout would be led by Japan Industrial Partners, a Tokyo-based investment fund.

UBS Faces Tough Choices as It Weighs Up Credit Suisse's Asian Business 

Combining two institutions that have vastly different approaches to risk could be difficult.

China Objects to Forced TikTok Sale 

Beijing responded for the first time to a Biden administration demand that the short-video app divest itself from its Chinese parent or face a U.S. ban.

Ford Projects $3 Billion Loss on EV Business for 2023 

The auto maker says it wants to give investors more visibility into the performance of its three business units.

Pet Shop Boys Are Singing the Blues 

Steep price increases for food and supplies are affecting Petco and Chewy.

Big Oil Eyes New Deals in North Africa Amid Rising Energy Demand 

Halliburton and Honeywell are in advanced talks to develop oil fields and refineries in Libya, while Eni is importing more oil and gas from Algeria.

Electric-Vehicle Growth Expands GM Cyber Chief's Concerns to Charging Stations 

The shift from gasoline-powered vehicles is pushing the auto maker into electric infrastructure. Shielding that grid from cyberattacks will soon be part of Kevin Tierney's brief.

Starbucks's New CEO Brews Coffee at Stores to Prepare for Role 

Laxman Narasimhan is taking over from Howard Schultz, after months of immersing himself in the operations of the world's largest coffee chain.

It's the Most Thankless Job in Banking. SVB Didn't Fill It for Months. 

Before the money started fleeing Silicon Valley Bank, the company operated without a chief risk officer for much of 2022. When success means averting danger, it's hard to notice when someone's not on the job until it's too late.


(END) Dow Jones Newswires

March 23, 2023 09:15 ET (13:15 GMT)

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