Bank of America, First Data End Payments Partnership
Bank of America is disbanding its payment-processing joint venture with First Data, giving the bank more control of its business that focuses on moving money for merchants.
Higher Costs Hold Down Profit at Heineken
Higher costs held down profit in the first half of the year for Heineken, despite the world's second biggest brewer selling more beer globally and launching its nonalcoholic Heineken variant in the U.S.
Beyond Meat On Track to Deliver Profit This Year
Beyond Meat said sales of its plant-based burgers and sausages continued to surge, though shares dropped after hours on plans to issue more stock.
Uber Cuts Third of Marketing Staff; Lyft COO Exits
Ride-hailing rivals Uber and Lyft went through separate staff shake-ups, as Uber cut about 400 jobs in its marketing department and Lyft eliminated its chief operating officer role.
Ryanair Warns of Possible Job and Flight Cuts
The Irish discount airline said further delays in the return to service of Boeing's 737 MAX would lead to job cuts and less flying during next year's peak summer travel season.
Venezuela's Citgo Stake Can Be Seized, Appeals Court Says
A U.S. appeals court said Venezuela's stake in U.S.-based oil refiner Citgo Petroleum Corp. could be seized to satisfy a judgment against the country, a blow to its U.S.-backed opposition government.
Netflix Splurges on Big-Budget Movies
Netflix is spending hundreds of millions of dollars to produce big-budget films as it attempts to shore up its subscriber base and push further into territory once controlled by major Hollywood studios.
Mylan Deal Furthers Pfizer CEO's Bet on Patent-Protected Drugs
A deal to merge Pfizer Inc.'s off-patent drugs business with generic drugmaker Mylan NV caps new Pfizer Chief Executive Albert Bourla's remodeling of one of the world's biggest pharmaceutical companies.
Delivery Startups Join Forces, Beefing Up for Battle With Uber, Amazon
Two of the largest food-delivery companies in Europe are poised to join forces in a merger worth $11.1 billion, as they seek an edge in the competition against market dominators like Uber Technologies and Amazon.com.
China's Cybersecurity Regulations Rattle U.S. Businesses
Proposed cybersecurity regulations by China are vexing U.S. businesses, who see the rules as new barriers to the Chinese market, and loom as a potential sticking point in coming U.S.-China trade talks.