Retailers Get Bump From Holidays
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After a year marked by same-store sales declines and store closures across the sector, retailers are reporting strong sales during the critical holiday shopping period from November to December.
GoPro to Cut 20% of its Workforce; Exit Drone Market
GoPro is cutting more than a fifth of its workforce and exiting the drone market as part of its latest attempt to turn itself around.
Goldman Names Financial, Strategic Investor M&A Head
Goldman Sachs has named David Friedland as global head of a group that provides deal advisory services to private-equity firms, pension funds, family offices and other investors .
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Intel CEO's Stock Sale 'Unusual,' Private Securities Experts Say
Brian Krzanich sold shares and exercised stock options worth $39 million while Intel was handling concerns about security flaws in its chips, a highly unusual move that risked attracting regulatory scrutiny.
Blackstone's Latest Acquisition Target: Your Insurer's Money
Blackstone Group is turning to a New York Life Insurance executive to pursue at least $100 billion in assets from insurance companies, part of a larger push by the Wall Street giant to broaden its customer base.
Driverless-Car Companies Try to Rev Their Engines on Commercial Prospects
Despite excitement about self-driving vehicles, a tough road to business success amid struggles over regulation and technology limitations.
Rivals Help Fund Regeneron's Gene-Sequencing Effort
Some of the world's largest pharmaceutical companies are pooling resources to fund an ambitious genetic and medical database aimed at bolstering the search for new drugs.
Investment Banker Capstone Partners Buys Headwaters
Capstone Partners and Headwaters have merged to create one of the largest independent investment banks in the U.S. serving middle-market clients.
Once-Hungry Investors Pass on Meal-Kit Startups
Just a few years ago, delivering packages containing premeasured ingredients to be assembled into meals was a novel one. But now venture capitalists and other investors are losing their appetites.
China's Internet Giants Face Users' Anxiety Over Privacy
Search engine Baidu is the most-recent company to come under the spotlight, joining Alibaba affiliate Ant Financial and Tencent Holdings, following claims by a provincial consumer group that Baidu illegally obtained users' personal information.
(END) Dow Jones Newswires
January 08, 2018 11:15 ET (16:15 GMT)