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Features Dow Jones Newswires

China's Geely Accelerates Global Expansion With Volvo Truck Stake

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Chinese auto maker Geely has made its biggest overseas play to date by acquiring a $3.24 billion stake in Swedish truck-and-bus maker Volvo AB, as Chinese investors continue to snap up global automotive assets.

Shell, Barclays Detail Billions in Tax-Linked Charges

Royal Dutch Shell and Barclays Bank said they would take large charges attributable to the U.S. tax overhaul-joining a parade of global firms in recent days disclosing how American tax-bill changes will affect their bottom line.

1MDB Makes Final Payment to Abu Dhabi Fund

The Malaysian state-investment fund said it has paid all that is required to be paid to Abu Dhabi's IPIC, its former business partner, by December.

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JPMorgan to Pay $2.8 Million for Failing to Segregate Customer Funds

JPMorgan Chase & Co. agreed to pay $2.8 million to settle charges brought by Wall Street's self-regulator that the bank failed for years to adequately separate customer cash from the firm's own assets.

Nissan Makes Unconventional Bet on Rental-Car Market to Boost U.S. Sales

The Japanese auto maker's push into the sector comes as Detroit car companies are cutting back and focusing more on retail buyers.

Restoration Hardware Boss Bets $1 Billion to Fight Skeptical Investors

Since the start of the year, the furniture chain now known as RH has wagered about $1 billion in a battle with investors who have staked bets against the stock.

Elon Musk Touts Tesla Pickup Plans, Though Light on Detail

Elon Musk teased details for a pickup truck that would challenge Ford Motor Co. and others in one of their most lucrative segments-though, true to form, the Tesla Inc. chief was vague about his intentions.

Nintendo Delays Rollout of Larger Switch Game Cards Until 2019

Nintendo told outside game developers it is delaying delivery of 64-gigabyte game cards for the Switch console, meaning gamers may have to wait longer for some data-rich software titles.

Employee Mentorship Program Gets a Reboot

Instead of simply assigning mentors to staff members through an algorithm, PayPal started a new program in 2017 that gives its employees greater choice in deciding who will advise them.

Disney-Fox Deal Gives Glimmer of Hope for Movie Lovers

To compete with Netflix, Disney is counting on Fox to help produce a wider array of movies including lower-budget originals for its Hulu streaming service.

(END) Dow Jones Newswires

December 27, 2017 13:15 ET (18:15 GMT)