News Highlights: Top Company News of the Day
Elliott Owns Stake in Akzo Nobel, Pushes for Talks With Suitor PPG
Activist investor Elliott Management owns a stake in Akzo Nobel and is pushing the Dutch paint maker to engage in talks with suitor PPG Industries.
Yahoo's Marissa Mayer Gets Reprieve From Hacking Criticism
Federal officials this week heaped praise on Yahoo CEO Marissa Mayer for the company's cooperation in an investigation of the hacking of hundreds of millions of the site's accounts.
Apple Plans New China Centers as Cook Addresses Beijing Conference
Apple is launching a new round in its charm offensive in China, announcing two additional research-and-development centers ahead of planned speeches by Chief Executive Tim Cook at a major Chinese government conference.
Deutsche Bank Looks to Lend Its Way Out of Mortgage Mess
Deutsche Bank has been offering attractive financing terms to help investors and other banks buy soured mortgages, a bid to help fulfill terms of its recent $7.2 billion settlement.
Goldman Chief Blankfein Took 4% Pay Cut for 2016
Goldman Sachs's board cut Chief Executive Lloyd Blankfein's pay by 4% and tied more of it to how the bank does for its investors in coming years.
Boeing Boosts Payouts to CEO and GE Recruit
Boeing said Friday that its chief executive's total compensation rose 14% last year while the new head of its commercial jetliner unit received almost $21 million after moving from General Electric Co. in November.
New Breed of Airline Upends World Travel
The race to the bottom in trans-Atlantic airfares intensified Friday when the parent company of British Airways launched a budget service flying between Europe and the U.S. West Coast with one-way tickets as low as $149.
VW Ex-Chairman in Talks to Sell Most of Stake
Ferdinand Piech, whose grandfather designed the original VW Beetle, is in talks with the remaining heirs to sell most of his shares that control Volkswagen.
U.K. Airbus Corruption Investigators Coordinate With French Probe
French and British financial-crimes investigators said they are closely coordinating parallel probes of potential corruption by European plane maker Airbus Group
Chipotle Hits Refresh on Its Board of Directors
Chipotle Mexican Grill said that four of its directors won't seek reelection this year, three months after it struck a deal with an activist investor to change the makeup of the board.