CEO of Saks Parent to Step Down
Hudson's Bay Co.'s chief executive, Helena Foulkes, is leaving the company, following a deal it reached last week with shareholders to go private.
Thermo Fisher to Buy Diagnostic Company for $10.1 Billion
Thermo Fisher Scientific agreed to pay about $10.1 billion for Qiagen, a molecular diagnostics company, bulking up in the field of infectious-disease testing.
Swiss Re Picks UBS CEO Ermotti as Next Chairman
Sergio Ermotti is joining the board of Swiss Re, one of the world's biggest insurers, in April and will succeed Walter Kielholz as chairman next year.
Retailers Confront Coronavirus Uncertainty
Target, Kohl's and other retailers that posted lackluster holiday results must now confront the uncertainty caused by the coronavirus, which could help or hurt sales in the coming months.
Lawmakers Push Again for Info on Google's 'Project Nightingale'
A bipartisan trio of U.S. senators pushed again for answers on Google's controversial "Project Nightingale," saying the search giant evaded requests for details on its far-reaching data tie-up with health giant Ascension.
Energy Shares Suffer the Most From Coronavirus Fears
Ripples from the virus have sent energy stocks in the S&P 500 down significantly more than the broader index's other groups, with an 8.5% drop in the past five sessions.
Market-Beating Bank CEOs Are a Rare Breed
European banks on the hunt for superstar chief executives might be overcomplicating things. The data suggests they should think local and low-key.
Apple Supplier Expects Coronavirus-Hit Labor Shortage in China to Ease
Foxconn Technology, Apple's main iPhone assembler, said it expects the number of workers at its plants in mainland China to return to full seasonal level by the end of March if the coronavirus epidemic doesn't worsen.
Insulin Giant Aims to Unlock Elusive Obesity-Drug Market
Novo Nordisk, the world's biggest insulin maker, said its weight-loss treatment is gaining traction despite skepticism from patients, doctors and insurance companies.
Honeywell to Roll Out Quantum Computer
The industrial conglomerate plans to release an early-stage quantum computer for commercial experiments within about three months, with JPMorgan Chase as the first public user.