The deteriorating health of Sergio Marchionne forced Fiat Chrysler Automobiles NV to replace him as CEO this weekend, a sudden change at a company dealing with a rapidly evolving industry and a global trade dispute.
IKEA built a global empire selling affordable furniture that people assembled themselves. For its first store in India, the Swedish retailer is upending its business model by introducing an in-house furniture assembly team.
Papa John’s International Inc.’s board members voted to adopt a shareholder-rights plan -- a “poison pill” -- to prevent its controversial founder from gaining a controlling interest in the pizza chain, according to people familiar with the matter.
Atos SE of France has struck a $3.4 billion deal to buy Syntel Inc., a U.S.-based information-technology company, in a move that would give it access to some of the biggest U.S. financial-services companies.
Tesla Inc. is asking its suppliers for cash back to help it become profitable, an unusual move that reflects the auto makers urgency to sustain operations during a critical production period. At other companies, the situation is typically reversed, with suppliers asking for payments.
WPP PLC has held talks to sell a minority stake in its operations in China, according to a person familiar with the matter, as the world’s largest advertising company reviews its business after the exit of its founder Martin Sorrell.
CME Group Inc., the world’s largest exchange company, is struggling to keep up with tariffs and a surge in global crop production that is reshaping agricultural trading.
Theranos Inc., running on financial fumes, settled a suit filed by investors who had alleged they were defrauded by the blood-testing firm.
Bill De Leon, a senior Pacific Investment Management Co. executive, resigned on Friday after facing allegations he acted inappropriately toward a colleague, people familiar with the matter said.
China Tower Corp., the world's largest telecommunications tower service owned by the Chinese government, is seeking as much as $8.7 billion in its planned initial public offering in Hong Kong, reports Bloomberg.
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