Cognizant to Pay $25 Million to Settle Bribery Claims 
 

Two former executives of Cognizant Technology Solutions were charged by U.S. authorities with foreign bribery for allegedly approving illicit payments in India to build a corporate campus there.

 
Amazon Invests in Electric-Car Maker Rivian 
 

Amazon.com has climbed aboard the electric-vehicle bandwagon, leading a $700 million investment round for car-making startup Rivian Automotive.

 
U.S. Imposes Sanctions on More Venezuelan Officials 
 

The U.S. imposed sanctions against the head of Venezuela's state-owned oil giant Petróleos de Venezuela SA and five top intelligence and security officials as Washington seeks the ouster of President Nicolás Maduro.

 
Wells Fargo Chief Is Expected to Appear Solo Before House Panel 
 

Wells Fargo is expected to be the first bank to face a grilling by House Democrats who took over the Financial Services Committee in the new Congress, with a March hearing focused on its scandals.

 
Private-Equity Firm Great Hill Partners in Talks to Buy Gizmodo Media Group 
 

Great Hill Partners is in exclusive talks with Univision Communications to buy Gizmodo Media Group, a deal that would add a marquee digital brand to the private-equity firm's portfolio.

 
Nissan Enlisted Japanese Government to Fend Off Renault Merger 
 

Months before the arrest of auto titan Carlos Ghosn, the Japanese government intervened in talks about whether to merge Nissan and Renault .

 
PepsiCo Plans Job Cuts, Plant Closures 
 

PepsiCo plans to shed jobs and close plants over the next few years as part of a new restructuring program, as Chief Executive Ramon Laguarta looks to make his imprint on the food and beverage company.

 
Mexico Unveils Plan to Support Pemex 
 

Mexican President Andrés Manuel López Obrador unveiled a $5.2 billion rescue package for Petróleos Mexicanos, which the new government hopes would help stem the state oil company's bleeding and recover falling output.

 
Newell Brands' Sales Continue to Decline 
 

Newell Brands, maker of Rubbermaid containers, Sharpies and Elmer's glue, missed sales expectations in its latest quarter and forecast a lower-than-estimated outlook for the year despite reporting that one of its business segments returned to growth.

 
Deere Swings to Profit But Higher Costs Weigh on Business 
 

Deere & Co. swung to a profit in the latest quarter, though that was tempered by higher raw material and logistics costs as well as concerns over global trade tensions.

 
 

(END) Dow Jones Newswires

February 15, 2019 13:15 ET (18:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.