Monday, March 4, 2019

AT&T Breaks Up Turner, Bulks Up Warner Bros. in Major Overhaul

AT&T started reorganizing its WarnerMedia unit by combining its disparate networks and entertainment businesses, an overhaul that is expected to lead to cost-cutting and layoffs.

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Nevada Is the Jackpot of Barrick's Push for Newmont

Barrick Gold’s bid to acquire rival gold producer Newmont Mining centers on a plan to combine portfolios and operations in the state of Nevada.

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Salesforce Raises Its Full-Year Sales Outlook as Profit Rises

Salesforce on Monday reported a stronger profit for the latest period and presented a bullish view on sales growth, targeting $26 billion to $28 billion in revenue by fiscal 2023.

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The $2,000 Bendable Phone: Hold 'Em or Fold 'Em?

At the mobile-phone industry’s premier trade show, two of the world’s three biggest makers lavishly displayed what they hope will be the smartphone of the future. The question is, will anyone buy it?

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Purdue Pharma Preparing Possible Bankruptcy Filing

Purdue Pharma is working with advisers on a possible bankruptcy filing as it seeks to contain liability from suits alleging it fueled the U.S. opioid epidemic.

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U.S. Push on Food Trade Pressures EU

U.S. and European trade negotiators, under growing domestic pressure over agriculture, are set to meet again this week as clashing demands threaten to rekindle a tit-for-tat economic war.

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U.S., China Close In on Trade Deal

China and the U.S. are close to completing a trade deal, with Beijing offering to lower tariffs and other restrictions on American farm, chemical, auto and other products and Washington considering removing most, if not all, sanctions levied against Chinese products since last year.

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