Macellum Urges Kohl's to Make Changes or Explore Sale 

The activist investor is renewing a push to get the department-store chain to take action to boost its lagging stock.

Activision Pushes Out Dozens of Staff Over Misconduct 

The videogame giant's actions have come in the wake of pressure from investors, business partners and employees to address complaints over its handling of misconduct issues.

Rio Tinto's Australian Iron-Ore Shipments Fell in 2021 

Rio Tinto's annual iron-ore shipments from its Australian mining operations fell by 3% in 2021 with projects disrupted by a worker shortage and supply chain issues, but expects shipments will likely increase this year.

U.S. Airlines Seek Further 5G Rollout Delay 

Carriers said in a letter to U.S. officials that current FAA flight-safety measures to accommodate the new wireless service could result in a significant disruption of their flight schedules this week.

Credit Suisse's António Horta-Osório Lost Board Support Over Covid-19 Rules Breach 

The chairman's jet use also raised concerns, with some board members fearing he lacked credibility to fix what had come to be seen as the bank's broken culture.

Amazon Backs Off Threat to Ban U.K.-Issued Visa Credit Cards 

The online retailer, which has criticized Visa's fees, said it is negotiating a deal that would allow customers to keep using their U.K. cards.

Unilever's $68 Billion Health Kick is the Wrong Remedy 

A surprise bid for the consumer-healthcare business jointly owned by GlaxoSmithKline and Pfizer is risky and only half of the target may really be worth owning.

Credit Suisse's New Captain Needs to Show Early Turnaround Progress 

António Horta-Osório's surprise resignation from the helm of the beleaguered lender raises the suspicion that his departure might be due to more than the chairman's stated coronavirus infractions. The outsider had promised to deliver a much-needed shake-up of the Swiss bank's culture. His exit puts pressure on successor Axel Lehmann to show that the transformation will continue.

China Probes a Sam's Club Store Over Food-Safety Issues 

The local regulator's investigation into a Walmart-owned store comes as China steps up scrutiny into U.S. retailer.

Macau Casino Stocks Jump on New Draft Law 

Macau casino stocks jumped Monday as investors welcomed a new draft law for the industry that grants a maximum of six casino licenses, alleviating fears that some casinos' license renewals might be at risk.


(END) Dow Jones Newswires

January 17, 2022 21:15 ET (02:15 GMT)

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