Deutsche Bank Shares Continue to Fall
Deutsche Bank AG shares slid a second day as investors and analysts questioned the German lender's growth projections and management's grip on restructuring.
Airbus Poised to Overtake Boeing as Biggest Plane Maker
Boeing said its commercial-jetliner deliveries fell by more than a third in the first half from a year earlier, as 737 MAX aircraft continue to pile up at its facilities.
'Friends' to Move to HBO Max, WarnerMedia's New Streaming Service
WarnerMedia's new direct-to-consumer service will be the exclusive streaming home of reruns of the sitcom "Friends" as well as more than a dozen original shows and movies, including projects in development from major Hollywood stars.
Marriott Faces $123 Million Fine Over Starwood Data Breach
Marriott International faces a potential GBP99.2 million ($123.6 million) fine over a consumer-data breach as the U.K.'s privacy watchdog raises pressure on businesses to comply with Europe's data-protection rules.
Cisco to Buy Acacia Communications for About $2.6 Billion
Cisco Systems is buying Acacia Communicationsm a maker of high-speed, optical interconnect technologies, for about $2.6 billion, or $70 a share, looking to meet rising demands on performance of networking gear.
Branson's Virgin Galactic to Go Public
Virgin Galactic has plans to become the first publicly listed human spaceflight company. It expects that the deal to go public will give it enough capital to fund the business until its spaceships can commercially operate and send tourists into space.
PepsiCo Rides New Flavors and More Ads
PepsiCo posted higher quarterly profit and sales as the food-and-beverage giant rolled out new products such as Pepsi Mango and ramped up marketing for some of its more established brands.
IBM Closes Its Red Hat Purchase, a Deal With High Stakes for Rometty
IBM has closed its roughly $34 billion acquisition of open-source software company Red Hat, an unprecedented deal for the 108-year-old tech giant that will help define Chief Executive Ginni Rometty's legacy.
Piper Jaffray to Buy Sandler O'Neill for $485 Million
Piper Jaffray Cos. is buying Sandler O'Neill & Partners L.P. for $485 million, combining two investment-banking firms and creating Piper Sandler Cos.
VW Stalled Bond Probe, SEC Says
The auto maker dragged out a probe into whether it defrauded bond investors who weren't told about its efforts to cheat on diesel-emissions tests, the SEC says.