Vantiv Seals $10 Billion Worldpay Deal
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Ohio-based Vantiv agreed to acquire U.K. payments processor Worldpay Group for about $10.4 billion in cash and stock, one of the biggest deals in the fast consolidating sector.
Memo Sparks Firestorm at Google
Google found itself under fire Tuesday, with critics saying the company squelched free speech by firing a male employee who wrote a divisive memo denouncing its diversity push, while others said his views showed that the company's diversity policies were needed.
Disney Unveils New Streaming Services
Walt Disney Co. said Tuesday it will launch a pair of video-streaming services in the next two years, ending a distribution deal with Netflix as it responds to the cord-cutting trend pressuring the cable industry.
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BofA's New Premium Rewards Card Comes With a Twist
Bank of America is preparing to join the premium rewards card fray, planning a new twist on hot products geared toward the affluent like J.P. Morgan Chase's Sapphire Reserve card.
Macy's Earnings: What to Watch
Macy's Inc., a bellwether for department store chains, is scheduled to report second-quarter results before the market opens on Thursday.
Ad Production Sector Rife With Transparency Issues, Study Says
The Association of National Advertisers said a new study has found a variety of nontransparent practices in the advertising production business.
Uber Plans to Wind Down U.S. Car-Leasing Business
Uber plans to wind down its U.S. subprime car-leasing division to stem unsustainably high losses, a major retreat just two years after starting the business.
Tesla Tests Stock Pitch on Bond Investors
Tesla has raised billions of dollars in equity by selling stock investors a story of unlimited growth. Now they're hoping the same playbook will work with bond investors.
Blackstone Buys Billions in Spanish Real-Estate Assets
Blackstone Group said it has agreed to acquire a majority stake in rescued Spanish lender Banco Popular Español's real-estate portfolio, a vote of confidence by the U.S. asset manager in Spain's robustly recovering economy.
Disney Thinks It Is Better Off Alone
Disney's decision to pull its content from Netflix isn't going to drive the media company's share price over the next few years. It also may not matter much for Netflix shares.
(END) Dow Jones Newswires
August 09, 2017 09:15 ET (13:15 GMT)