Fannie, Freddie to Retain Earnings
Fannie Mae and Freddie Mac will start keeping their earnings under an agreement between the Treasury Department and the companies' federal regulator.
WeWork Needs Cash as Botched IPO Scuttles Planned Infusion
Following a botched IPO attempt and the ouster of its CEO, WeWork is planning thousands of job cuts, putting extraneous businesses up for sale and shedding some luxuries to stop bleeding cash.
With Facebook's Coming News Tab, Only Some Will Get Paid
Facebook is planning to pay only a minority of publishers whose headlines will be featured in its coming news section.
Placid Markets Punish High-Speed Trader Virtu
A slide in trading volumes and volatility is dragging down shares of Virtu Financial, high-speed traders make more money when markets are swinging around wildly.
Blackstone Snaps Up Colony Capital Warehouses for $5.9 Billion
Blackstone Group has struck a deal to buy a portfolio of U.S. industrial warehouses from Colony Capital for $5.9 billion, including debt, furthering its bet on the continued growth of e-commerce.
Budweiser Brewer's Shares Rise in Asia Trading Debut
Shares of the world's largest brewer's Asian operations climbed in their trading debut on Hong Kong's stock exchange, joining the ranks of other richly valued regional beer companies.
GlaxoSmithKline Says Ovarian Cancer Study Validates Tesaro Acquisition
GlaxoSmithKline has reported positive results from a study of a cancer drug in a clinical trial that a senior figure in the company said justified the decision to acquire cancer specialist Tesaro for $4.16 billion.
GM's Strike and the Battle for Batteries
General Motors could help build the first unionized cell-production plant in the U.S., opening a new front in President Trump's fight with China.
Forever 21, Teen-Focused Retailer, Files for Bankruptcy
Fast fashion retailer Forever 21 filed for bankruptcy protection and said it planned to close hundreds of stores, the latest casualty of shifting shopping habits.
Before MAX, Boeing's Flight-Control System Included Key Safeguards
Boeing's expected fix for the 737 MAX will make its flight-control system more like an earlier version of the same system used on a military tanker jet, people familiar with the matter said.