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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Investors Scale Back Inflation Bets, Signaling Doubts About Growth

Bets on a pickup in inflation are falling out of favor, underscoring investors’ skepticism that the U.S. economy will be able to turn stronger after a soft start to the year.

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High-Speed Rail in the U.S. Remains Elusive: Illinois Shows Why

A $2 billion Chicago-St. Louis project will offer a top speed of just 110 mph and shave an hour off the trip. Few people are expected to use it. One problem: having to share the track with freight railroads.

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After an Auditor Flunked Brazil Dam, Vale Found Another Who Passed It

Vale, the owner of a mine-waste dam that collapsed this year, killing more than 180 people, dismissed an auditor that refused to certify the dam as safe in September, according to an initial probe by police and prosecutors.

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Cheniere Deal With China Signals Country's Key Role in LNG Exports

Cheniere Energy’s expected $18 billion deal to supply natural gas to China signals the company’s growing bet on the country, and China’s emergence as a top market for U.S. gas exporters.

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Philip Morris Cuts Profit Forecast After Canada Court Ruling

Philip Morris International Inc. cut its profit outlook for the year and expects lower pretax earnings in the first quarter after a subsidiary and other tobacco companies lost a major legal appeal in Canada.

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Disney Cuts Compensation for Iger in Fox Deal

Disney tweaked Robert Iger’s pay package, removing $13.5 million in potential salary and incentive awards available for the CEO after the company closes its acquisition of Fox assets.

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Facebook Sues Chinese Companies for Creating Fake Accounts

Facebook and Instagram sued four companies and three people based in China for creating and selling fake accounts, likes and followers, according to a posting on the social media giant’s website.

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Ted Baker CEO Resigns After Misconduct Probe

Ray Kelvin, the founder and chief executive of British fashion retailer Ted Baker, has resigned with immediate effect following an investigation into his alleged misconduct.

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Venezuelan Opposition Seeks U.S. Court's Help Protecting Citgo

Venezuela’s U.S.-backed opposition leaders asked a federal appeals court to refrain from carving up the country’s foreign assets, saying their loss would hurt the chances of political change in Caracas.

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Grocers Brace for Another Blow From Amazon

Competition from Amazon.com has pushed grocers to focus on home delivery and lower prices. Now it is taking aim at supermarkets’ high-profit products: those found in the beauty aisle.

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Tesla Is Betting It Can Sell Cars Online, Without a Test Drive

Tesla CEO Elon Musk’s latest strategic shift will be one of his biggest challenges: persuading mainstream consumers to purchase cars online the way they buy books or clothes.

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Owners of Instant Pot, Corelle to Merge

Instant Brands, the maker of the popular Instant Pot, is merging with Corelle Brands, which makes houseware mainstays such as Corelle, Pyrex, CorningWare and SnapWare, in a combination their owners hope will be a recipe for success.

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Shale Companies, Adding Ever More Wells, Threaten Future of U.S. Oil Boom

Newer wells drilled close to older wells are generally pumping less oil and gas and could permanently hurt output, leading frackers to cut back on the number of sites planned and forecasts on overall production to be trimmed.

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