GM Extends Summer Break Amid Industry Slump, Sedan Glut
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General Motors will extend the typical summer shutdown at certain U.S. factories to deal with slumping sales and bloated inventory, a sign the industry's hot streak is grinding to a halt.
GE Power Chief Exits After Losing Succession Race
Steve Bolze, once a top candidate to be the next chief executive of General Electric, is retiring from the company in July.
Saudi Aramco IPO Plans Slowed Over Where to List
A divide between Saudi Arabia's ruling family and executives of the state oil company over where to list is slowing the march toward a planned 2018 IPO, which could value Aramco as high as $2 trillion.
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Mattel CEO's First Big Test: What to Do With the Dividend
Margo Georgiadis, Mattel Inc.'s new chief executive, is set to meet with analysts today about whether the toy maker will cut its generous shareholder dividend as it tries to recover from a disappointing year.
Google Will Buy Modular Homes to Address Housing Crunch
Google owner Alphabet Inc. is finalizing an order to buy 300 modular apartment units from a startup for a building likely to serve as short-term housing for employees.
GenOn Energy Files for Chapter 11 Bankruptcy Protection
GenOn Energy Inc. filed for chapter 11 bankruptcy Wednesday to slash $1.8 billion in debt and settle accusations that parent NRG Energy Inc. improperly extracted over $520 million from the subsidiary.
Nike, Universal Studios, Sanrio in EU Antitrust Probe
The EU's antitrust regulator opened three separate formal investigations into licensing and distribution practices by Nike, Japan's Sanrio, and Universal Studios in Europe, the latest salvo by the watchdog in its bid to tear down barriers for consumers shopping online in the bloc.
Fiat Chrysler Looks to Bring Muscle Back to Motor City
The U.S.-Italian car maker bets big on horsepower with its latest launches, as compact cars fall out of favor. But it comes at a cost.
York Capital Names Two Eventual Successors for Founder Jamie Dinan
Jamie Dinan has named two successors to lead his hedge-fund firm York Capital Management in the future.
Activist Investor: BHP Board Presided Over Destruction of Market Value
Activist investor Elliott Management accused longstanding BHP Billiton board members of standing by while billions of dollars in market value were erased in recent years.
(END) Dow Jones Newswires
June 14, 2017 13:15 ET (17:15 GMT)