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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.

New York Daily News Is Sold to Tronc

Tronc has acquired the Daily News, the nearly century-old New York City tabloid, giving the publisher of the Los Angeles Times and Chicago Tribune a presence in the three largest cities in the U.S.

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Ernst & Young Cites Digital Push for Revenue Gain

Ernst & Young recorded global revenue of $31.4 billion in its latest fiscal year, up 6% from the previous year in U.S. dollar terms, the Big Four accounting firm said Monday evening.

P&G Proxy Fight Pits Former Finance Chief Against Longtime Protégé

At P&G, the former finance chief and his handpicked successor are on opposing sides of a boardroom fight over how best to reinvigorate the company, a consumer-products giant that at one time boasted brands in nearly every aisle of the supermarket.

Banks Close $1.5 Billion Loan for Flagship Tower at Hudson Yards

The developer of the Hudson Yards complex on Manhattan's West Side has hit another milestone with a financing package for its flagship office building that will increase the money it has raised for the first phase of the sprawling project to more than $18 billion.

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.

WTO Rules Washington State Support to Boeing Not a Prohibited Subsidy

The World Trade Organization on Monday reversed itself in a key case involving Boeing Co., deciding on appeal a local subsidy granted the U.S. plane maker didn't violate international trade rules.

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.

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.

(END) Dow Jones Newswires

September 05, 2017 03:15 ET (07:15 GMT)