Former Lloyd’s executive John Neal was recently hired to fill in as AIG’s No. 2. He was slated to start in two weeks.https://www.wsj.com/business/aig-hit-by-more-executive-churn-as-incoming-president-will-no-longer-join-dafcc19d?mod=pls_whats_news_us_business_f
The deal came together after months of shuttle diplomacy and a charm offensive by the Alpine nation’s secret weapon: its billionaires.https://www.wsj.com/world/europe/u-s-agrees-to-cut-switzerland-tariffs-to-15-in-trade-deal-8fbe15c2?mod=pls_whats_news_us_business_f
Eateries are turning to deals and better operations to compete at a time when many consumers cling to their kitchens.https://www.wsj.com/business/hospitality/restaurant-executives-tell-us-how-they-get-customers-when-times-are-hard-55ac24bc?mod=pls_whats_news_us_business_f
John Furner will become the retail giant’s fifth CEO since founder Sam Walton.https://www.wsj.com/business/retail/walmart-doug-mcmillon-new-ceo-john-furner-31ab949f?mod=pls_whats_news_us_business_f
The failed deal prolongs an already drawn-out sale process for the publication.https://www.wsj.com/business/deals/redbird-drops-660-million-bid-for-britains-telegraph-newspaper-e098b550?mod=pls_whats_news_us_business_f
The deal would value the high-tech driving ranges at about $1 billion.https://www.wsj.com/business/deals/topgolf-in-talks-to-be-sold-to-private-equity-firm-leonard-green-3d62dcc9?mod=pls_whats_news_us_business_f
The unsolicited bid—worth up to $2.25 billion—potentially upends Avadel’s deal to be acquired by Alkermes.https://www.wsj.com/business/deals/h-lundbeck-launches-bid-for-avadel-in-move-to-scuttle-alkermes-deal-97674eb4?mod=pls_whats_news_us_business_f
The regulator said Adnoc’s offer to share Covestro’s sustainability patents with some competitors would help balance out concerns about the impact on the EU’s internal market.https://www.wsj.com/business/deals/eu-conditionally-clears-13-7-billion-adnoc-covestro-deal-19021332?mod=pls_whats_news_us_business_f
The president has said American children should be content with two dolls instead of 30. But the country’s shopping habit has been built over decades of abundant imports from Asia.https://www.wsj.com/economy/consumers/will-trumps-trade-war-break-americas-addiction-to-cheap-stuff-ff21df9e?mod=pls_whats_news_us_business_f
The 51-year-old, a lifer at the retailer, grew up in Arkansas and interned at Sam’s Club Mexico.https://www.wsj.com/business/retail/john-furner-walmart-ceo-profile-c596a5d3?mod=pls_whats_news_us_business_f
Jaguar Land Rover slumped to a quarterly loss after the hack halted production in September.https://www.wsj.com/business/autos/range-rover-owner-counts-cost-of-crippling-cyberattack-9df963be?mod=pls_whats_news_us_business_f
In the months before the collapse of the auto-parts conglomerate, Patrick James was busy creating a new business group in Europe.https://www.wsj.com/business/autos/as-first-brands-headed-for-failure-its-founder-spent-big-in-europe-a82fa778?mod=pls_whats_news_us_business_f
Find insight on Telekom Malaysia, Tencent and more in the latest Market Talks covering Technology, Media and Telecom.https://www.wsj.com/business/tech-media-telecom-roundup-market-talk-e7a10f74?mod=pls_whats_news_us_business_f
Find insight on DHL Group, Singapore Airlines, Air India and more in the latest Market Talks covering Auto and Transport.https://www.wsj.com/business/auto-transport-roundup-market-talk-70946ed1?mod=pls_whats_news_us_business_f
Find insight on CVC Capital Partners, Allianz, Swiss Re and more in the latest Market Talks covering Financial Services.https://www.wsj.com/business/financial-services-roundup-market-talk-6e0523a4?mod=pls_whats_news_us_business_f
Shares were up 10% after the company said it would now target a profit margin before special items in fiscal 2028 of between 14% and 16%, up from 10% to 12%.https://www.wsj.com/business/earnings/siemens-energy-shares-jump-on-lifted-2028-targets-ec3591c3?mod=pls_whats_news_us_business_f
Waymo, Alphabet’s self-driving car company, has partnered Uber-backed ride-hailing company Moove to enter the U.K. market next year.https://www.wsj.com/tech/china-us-robotaxi-race-kicks-off-in-uk-f005dac2?mod=pls_whats_news_us_business_f
Harsh regulation and bureaucracy have cannabis dispensaries coughing up taxes, not profits.https://www.wsj.com/opinion/new-york-is-making-a-hash-of-its-legal-marijuana-industry-b62d08b1?mod=pls_whats_news_us_business_f
Find insight on a Russian oil port, Baytex Energy, oil futures, Seatrium and more in the latest Market Talks covering Energy and Utilities.https://www.wsj.com/business/energy-utilities-roundup-market-talk-5781efc2?mod=pls_whats_news_us_business_f
Pipeline operator Enbridge will push ahead with a $1.4 billion expansion of its core network to boost deliveries of Canadian heavy oil and reach key refining markets in the U.S. Midwest and Gulf Coast.https://www.wsj.com/world/americas/enbridge-1-4-billion-project-will-boost-canadian-oil-flow-to-u-s-refineries-59183b66?mod=pls_whats_news_us_business_f