Petrobras Suspends Top Compliance Officer
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Brazilian state-run oil firm Petróleo Brasileiro suspended its top compliance official over a potential conflict of interest, in a blow to the company's image as it seeks to move past a massive corruption scandal.
Ford Taps Key Safety CEO as New Head of China Operations
Ford Motor Co. has poached the head of the company acquiring troubled air-bag maker Takata Corp., a move aimed at jump-starting a struggling China unit and gaining ground in the electric-vehicle race.
Uber Racks Up Rides, Losses Amid Setbacks
Uber Technologies Inc.'s scandal-plagued year apparently hasn't deterred ridership, though the ride-hailing company is still reporting heavy financial losses.
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Meg Whitman Stands By Statement She Won't Be Uber CEO
The Hewlett Packard Enterprise chief executive repeated that she won't be the next CEO of Uber following news that the board is considering her again as a candidate.
Web-Hosting Company Fights U.S. Request for Inauguration-Protester Data
Web-hosting company DreamHost said a request by federal prosecutors for information about people who used a website to plan protests during President Donald Trump's inauguration was too broad and could chill legal political activity.
Invesco Close to Deal for Guggenheim ETF Business
Invesco Ltd. is nearing an agreement to buy Guggenheim Partners's exchange-traded-funds business for more than $1 billion, people familiar with the matter said.
HP's Earnings, Sales Beat Expectations
HP, boosted by rising sales of notebooks and desktop computers, posted better-than-expected revenue of $13.1 billion in its fiscal third quarter. Adjusted earnings of 43 cents a share also beat analyst expectations, but shares fell after-hours.
Mitsui Sumitomo Buys Singapore's First Capital From Fairfax
Canada's Fairfax Financial Holdings Ltd. confirmed Wednesday evening that it sold Singapore-based property-and-casualty insurer First Capital to Japanese insurer Mitsui Sumitomo Insurance Co. for $1.6 billion.
True Religion to Put Reorganization Plan to Creditor Vote
Denim jeans maker True Religion Apparel won approval Wednesday to put its revamped reorganization plan to a vote of creditors.
American Express Admits to Offering Worse Credit-Card Terms in U.S. Territories
American Express acknowledged that it offered worse terms to credit-card customers in Puerto Rico and other U.S. territories than those extended to clients in the 50 states, and has paid $95 million to affected consumers to settle the matter.
(END) Dow Jones Newswires
August 23, 2017 21:15 ET (01:15 GMT)