CSX Head Takes Medical Leave
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The railway's chief executive, Hunter Harrison, has taken a medical leave of absence due to unexpected complications from a recent illness.
Deutsche Bank Had Flagged Manafort-Related Transactions
Deutsche Bank earlier this year flagged around $30 million in potentially suspicious transactions as part of an internal investigation into its role as a conduit for money involving Paul Manafort or people and entities connected to him, according to a person briefed on the matter.
Airbus CEO to Depart in 2019, COO to Leave Next Year
Leadership turmoil at European plane maker Airbus deepened Thursday with Chief Executive Tom Enders telling the board he would depart in 2019 and the company's number two, Fabrice Brégier, saying he would leave next year, according to people familiar with the matter.
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Property Data Firm Xceligent Files for Chapter 7 Protection
The board of Xceligent Inc., one of the largest commercial real-estate data firms in the U.S., has filed for chapter 7 liquidation following a year-long legal battle with rival CoStar Group Inc. over alleged data theft.
Steinhoff's Interim Chief Resigns Amid Accounting Probe
Embattled retail giant Steinhoff International Holdings NV said its executive chairman, who was supposed to pick up the pieces after the company's chief executive resigned last week amid accounting irregularities, has stepped down.
Elliott Preps for Potential Fight With Hess, Seeking CEO Ouster
Elliott Management Corp. is preparing for a possible tussle with Hess Corp., hoping to either remove John B. Hess as chief executive or push him to consider selling all or part of the energy company.
Oracle Shares Fall on Cloud Forecast
Oracle Corp.'s stock sank after hours following news that the growth of its cloud-computing business in the current quarter would fall below expectations.
Disney's Iger Could Receive Stock Awards Worth Up to $142 Million
Walt Disney Chief Executive and Chairman Robert Iger could receive as much as $142 million worth of stock, at the current share price, under a new employment agreement.
New York Times Publisher Arthur Sulzberger Jr. to Retire
The New York Times announced publisher Arthur Sulzberger Jr. will retire at the end of the year and that his son, Arthur Gregg "A.G." Sulzberger, will be appointed to the job.
Criteo's Shares Plummet on Revenue Forecast
Ad tech company Criteo's shares dropped after the company said a recent move by Apple Inc. to strengthen its ad tracker prevention is going to negatively affect Criteo's revenue more than anticipated.
(END) Dow Jones Newswires
December 14, 2017 23:15 ET (04:15 GMT)