GE to Take Massive Charge to Shore Up Insurance Reserves

General Electric said it expects a $6.2 billion after-tax charge in its fourth quarter after reviewing GE Capital’s runoff insurance portfolio.

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Ericsson, Humbled by Huawei, Takes Another $1.8 Billion in Charges

Ericsson said it is writing down $1.77 billion in assets, the latest in a series of charges at the Swedish telecoms-equipment maker as it retools itself to better compete with nimbler Chinese manufacturers.

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UnitedHealth Profit Rises as Both Healthcare, Optum Businesses Grow

UnitedHealth’s quarterly profit beat analysts’ expectations and the health insurer raised its yearly outlook, as revenue from both its health care and health care services businesses increased.

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Energizer to Buy Spectrum's Batteries and Lighting Unit for $2 Billion

Energizer Holdings said Tuesday it will buy Spectrum Brands Holdings’s battery and portable lighting business for $2 billion in cash.

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Under Trump, the Business World Notches a Net Success

The tax overhaul that President Trump signed into law last month capped a year in which his initiatives on taxes, regulation—and many of his public pronouncements on the economy—have been broadly welcomed by business, even though his relationship with CEOs has sometimes stumbled.

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Google Heads Underwater to Boost Its Cloud Business

Google is expanding its sprawling network of undersea cables to plug into new regions around the world, in a bid to speed up its cloud-computing business and catch up to rivals Microsoft Corp. and Amazon.com Inc.

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Chinese Auto Maker Dumping 'Trumpchi' Name For U.S. Push

Guangzhou Automobile Group is planning to be the first Chinese auto maker to enter the U.S. market, but first it needs to ditch its “Trumpchi” brand name.

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