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United Technologies to Buy Rockwell Collins for $23 Billion

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United Technologies reached a deal to buy airplane-parts maker Rockwell Collins for $23 billion, in the biggest aerospace deal in history.

Schneider Electric in Talks to Take Control of Aveva Group

France's Schneider Electric is in advanced talks to take control of British engineering software provider Aveva Group, according to people familiar with the matter, after previous talks to merge their software operations collapsed over terms.

Carlyle Group Wins Guernsey Lawsuit Over Crisis-Era Bond Fund

A judge ruled in favor of Carlyle Group LP Monday in a lawsuit alleging the buyout firm didn't do enough to save a financial-crisis-era bond fund.

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Exxon Working Toward Restarting Baytown Refinery

Exxon Mobil is working toward restarting its Baytown refinery-the nation's second-largest oil refinery-after a shutdown due to Tropical Storm Harvey, but another of its Texas refineries remains closed.

Behind BlackRock's Cross-Selling Blitz

As part of a cross-selling push, BlackRock Inc. is pitching its clients the services of its Financial Markets Advisory business, which helped many of Wall Street's largest banks pass the Federal Reserve's annual stress tests last year.

Air France Shareholders Back Delta, China Eastern Minority Stakes

Air France-KLM shareholders backed Delta and China Eastern Airlines taking minority stakes in the airline to strengthen the partnership among three of the world's biggest carriers.

Reckitt Benckiser Says Four Top Executives to Leave

Reckitt Benckiser said four senior executives are leaving the firm, an unusually large exodus at a time when the consumer giant,is absorbing its biggest-ever acquisition and coping with a series of headwinds.

Novartis CEO to Step Down In January

Novartis said its Chief Executive Joe Jimenez is to step down in January after leading the company through a tumultuous eight years marked by big patent expiries and intensifying scrutiny on drug pricing in the U.S.

Google Builds China Workforce to Develop Artificial Intelligence

The Alphabet-owned technology titan is ramping up its presence in the country through the hiring of engineers to work in one of tech sector's hottest corners.

Hollywood Hopes 'It' Can Pull Box Office Out of the Gutter

The movie based on a Stephen King novel is expected to make $70 million or more during its opening weekend in the U.S., according to prerelease surveys, which would be a record for September.

(END) Dow Jones Newswires

September 04, 2017 21:15 ET (01:15 GMT)