Goldman Sachs Lures Merger Master From Rival JPMorgan
Goldman Sachs has poached a top JPMorgan deal maker, continuing a hiring spree that has brought more than a dozen outsiders into the Wall Street powerhouse's upper ranks in the past few months.
Tesla Board's Independence Faces Tough Test
Elon Musk's surprising buyout idea for Tesla puts the spotlight on its board members, most of whom have close business or personal relationships with the electric-car company's leader.
U.S. Autos Get Left Behind as China's Tariff Cut Boosts Europe, Japan
Auto makers exported a record $7.4 billion worth of vehicles to China last month, as European and Japanese companies took advantage of a tariff cut that excludes their U.S. counterparts.
Nike Hit With Lawsuit From Ex-Employees Alleging Discrimination
Two women filed a lawsuit against Nike, alleging it discriminated against them, the latest development in a workplace-culture scandal at the company.
As BMW Blazes Mount, South Korea Counsels Caution
South Korea urged owners of recalled BMWs to take their vehicles for urgent safety checks after dozens of vehicle fires were reported, which BMW has largely blamed on a faulty exhaust component.
Qualcomm, Taiwan Reach Settlement in Patent-Licensing Dispute
Qualcomm notched a victory in its effort to preserve its patent-licensing business, saving the company nearly $700 million in fines.
Germany's Merck Boosts Hedges Against Currency Gyrations
German drugmaker Merck KGaA ramped up its currency hedging efforts in recent months as wild swings in exchange rates took a bite out of earnings.
Bayer Builds Up Warehouse Space for Drug Supplies
The pharmaceutical company allocated additional warehousing space to hedge against the possibility of a no-deal Brexit disrupting its U.K. supplies.
Publishers Tire of Revolving Door in Barnes & Noble's C-Suite
Book-publishing executives expressed concerns to Barnes & Noble about continuing management instability at the retail giant and the direction of the business, in the wake of the sudden firing last month of Demos Parneros as chief executive.
For Uber and Airbnb, New York City Turns Foe
Two measures in New York City could hamper Silicon Valley heavyweights Uber Technologies and Airbnb as they prep for potential initial public offerings expected as soon as next year.
(END) Dow Jones Newswires
August 10, 2018 09:15 ET (13:15 GMT)
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