Four Drug Firms Reach Deal Averting Opioid Trial in Ohio
AmerisourceBergen, Cardinal Health, McKesson and Teva have reached a settlement to avoid a trial seeking to blame them for fueling the opioid crisis, according to people familiar with the matter.
Investor Group Increases Bid for Owner of Saks
Hudson's Bay is going private as the owner of Saks grapples with shifts in the retail landscape that have pinched results at its stores.
Wells Fargo Finally Has a CEO. Here's What He Has to Do.
Charles Scharf, who previously ran Bank of New York Mellon and Visa, starts Monday as CEO of Wells Fargo. Big changes could follow.
Exxon's Climate-Change Accounting Goes on Trial
The trial, which begins Tuesday in state court in Manhattan, is the culmination of a sprawling investigation that spanned four years and three New York attorneys general.
Barrick Prepares to Restart Gold Mining in Tanzania
Barrick is poised to restart gold mining in Tanzania after the company agreed to pay $300 million to the African country and share ownership and other benefits at its three local mines.
GM Strike Continues, Deepening Pain Felt by Midwest Workers, Firms
With the GM strike stretching into a second month, the impact is intensifying across the Midwest economy, hitting more businesses and auto-parts suppliers reliant on GM's U.S. factories for work.
HSBC's Stand-In Weathers Storms in Bid for Top Job
HSBC started 2019 with a chief executive poised for growth and focused on making its 238,000 employees the "best version of themselves." It is ending the year with a new boss cutting thousands of jobs, culling clients and putting businesses on the block.
BHP Signs Renewables Deal in Chile
BHP Group has signed four new renewable-power agreements to meet energy demand for its Chilean copper operations and will record a roughly US$780 million provision linked to the cancellation of existing coal contracts.
Congress Ramps Up Scrutiny of Boeing Executives, Board
U.S. lawmakers probing the 737 MAX jet crisis are ratcheting up scrutiny of Boeing leaders as new details point to management pressure on engineers and pilots in its commercial-aircraft unit.
SAP's Cloud Offering Gets Boost From Rival Microsoft
UPDATED: SAP unveiled a new partnership with competitor Microsoft and said that the alliance had already helped drive cloud services sales in the latest quarter, just over a week after the German business-software maker announced an abrupt leadership change.