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Axalta in Talks to Be Acquired by Nippon After Akzo Discussions Fail

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Axalta Coating Systems confirmed it is in talks about a possible takeover by Japan's Nippon Paint in a deal that would likely exceed $8.25 billion, after abandoning merger discussions with Amsterdam-based rival Akzo Nobel.

Uber Reveals Data Breach and Cover-up, Leading to Two Firings

Uber Technologies on Tuesday revealed it paid hackers $100,000 in an effort to conceal a data breach affecting 57 million accounts last year.

Trump Calls AT&T-Time Warner Deal 'Not Good for the Country'

President Donald Trump said AT&T's takeover of Time Warner wouldn't be good for the country, weighing in on the $85 billion transaction the day after the Justice Department filed a lawsuit to block it.

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Effort to Block AT&T-Time Warner Deal Gets Mixed Reception

The Justice Department's lawsuit against the combination of AT&T and Time Warner sets the stage for the biggest antitrust contest in almost 20 years, and drew a split reaction from antitrust experts.

Disney Animation Chief to Take Leave After Apologizing

John Lasseter is taking a six-month leave of absence from the senior creative post at Walt Disney Co.'s animation operations, he told staff in an email that cited unspecified "missteps" on his part, including making some personnel feel "disrespected and uncomfortable."

Meg Whitman to Step Down as Hewlett Packard Enterprise CEO

Meg Whitman, one of the most prominent women in U.S. business, will step down as chief executive of Hewlett Packard Enterprise early next year.

Venezuela Detains Citgo Executives for Alleged Corruption

The country's intelligence agency arrested six top executives at the U.S. subsidiary of state-oil company Petróleos de Venezuela SA, as part of what authorities are calling an anticorruption "crusade."

Citibank Agrees to $6.5 Million Settlement Over Student Loans

Citibank agreed to pay $6.5 million to settle accusations by the Consumer Financial Protection Bureau that it harmed people whose student loans it serviced, including by giving misinformation about a tax deduction.

Law Firm Sedgwick to Close in January

Law firm Sedgwick LLP is closing its doors after nearly 85 years in business, the latest firm to succumb to increasing competition in the legal market.

CBS, PBS Sever Ties With Charlie Rose

CBS fired veteran broadcast journalist Charlie Rose after reports of allegations of sexual harassment that the media company called "extremely disturbing and intolerable."

(END) Dow Jones Newswires

November 22, 2017 05:15 ET (10:15 GMT)