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Weinstein Co. Board Fires Harvey Weinstein

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The board of directors fired the co-chairman from the independent movie and television studio, citing allegations of sexual misconduct by one of the highest-profile producers in Hollywood.

Procter & Gamble vs. Nelson Peltz: A Battle for the Future of Big Brands

Blockbuster products such as Tide and Tampax have long powered the consumer-goods company, but profits have stagnated in recent years. Activist investor Nelson Peltz, vying for a seat on the board at Tuesday's shareholder meeting, wants a shift toward smaller, niche labels.

Blackwater Founder Erik Prince Considering Wyoming Senate Bid

Blackwater Worldwide founder Erik Prince is considering a Republican primary challenge to Wyoming Sen. John Barrasso, a senior member of the Senate Republican leadership team.

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OneMain, Citigroup's Former Subprime Lender, Fields Takeover Bids

Subprime lender OneMain Financial Holdings is in talks to sell itself. With a market value of $3.9 billion and adding a takeover premium, a deal could be worth around $4 billion or more.

Amazon Has a Luxury Problem

Swatch and other high-end brands are staying away from Amazon's online marketplace, saying it undermines the strict control that is key to maintaining a sense of exclusivity-and keeping prices high.

Lidl Stores Gain Little Traction So Far in U.S.

German grocery discounter Lidl has had trouble sustaining store traffic since opening its first U.S. outlets in June, and rivals have recovered much of their lost share of consumer shopping trips.

Pentagon Takes Control of F-35 Cost-Cutting Push

The Pentagon has taken over an effort to cut the cost of the F-35 combat jet, after rejecting plans proposed by Lockheed Martin and its partners, as it tries to make a program estimated to cost $400 billion more affordable.

Luxury-Home Purchases Roil Guggenheim Partners

Two multimillion-dollar house purchases have rankled employees at Guggenheim Partners and spurred questions from clients concerned about possible distractions at the firm, according to clients and people familiar with the firm.

Marvel Drops Joint Venture With Northrop Grumman

Fans of Marvel Entertainment's superheroes attacked the company via social media about its planned partnership with the defense contractor.

Amazon's Search for Second Home Could Weigh on Seattle

Amazon's decision to establish a second headquarters is going to make some North American city very happy once the online retail giant announces its choice next year. But it will likely be bad news for its current hometown.

(END) Dow Jones Newswires

October 08, 2017 23:15 ET (03:15 GMT)