GE projects hit coronavirus in the first quarter, backs full-year goals

General Energy Co. GE 0.51% He said the coronavirus epidemic would reduce the company’s first quarter free cash flow by $ 300 million to $ 500 million, but he backed his year-round goal for closely monitored metrics. The company still expects to generate a positive cash flow between $ 2 billion and $ 4 billion […]

The president of Bayer retires in the middle of the legal battle of Roundup

BERLIN – Bayer AG, in the midst of a major legal battle for its herbicide Roundup, said President Werner Wenning would resign earlier than planned and would be replaced by a former PricewaterhouseCoopers executive and relatively new to the German company. Bayer said Mr. Wenning, 73, would resign at the end of this year’s annual […]

Fox and Comcast seek video service acquisitions with advertising

Fox Corp. and Comcast Corp. are in talks to acquire advertising-backed video services, as entertainment giants increasingly seek to offer free or low-cost alternatives for consumers who don’t want to pay for streaming subscriptions. Fox has expressed interest in acquiring Tubi, a streaming service with advertising that offers replays of television shows and movies, according […]

Boeing offers more support for MAX suppliers

Boeing Co. is planning to provide more support to suppliers for its 737 MAX aircraft program to prepare them to restart production, and to deter some from seeking more Airbus SE businesses. Boeing suspended MAX production in January after building more than 400 aircraft it could not deliver. Regulators landed the plane in March last […]

Startups involve brand identity with sustainable packaging

The first time Seed Health Inc. probiotics arrive at the door of a new subscriber, they come in a beautiful glass jar with a powder finish and a minimal mark. Capsules nestle in a compostable mushroom fiber tray and a recycled paper box that is the same moss green color as the jar. This is […]

Google Plots course to beat rivals in the cloud

Google’s decision to cut jobs in its cloud computing division is the latest move in a one-year effort by Thomas Kurian to shake the unit and focus more on delivering growth to Alphabet Inc. parent Kurian, after joining Oracle Corp. in November 2018, imposed strict deadlines for the project, criticizing some workers who used to […]

Warren Buffett shares in Berkshire Hathaway have the best performance since 2009

Warren Buffett sought to reassure investors about the long-term future of Berkshire Hathaway Inc. after a disappointing year for conglomerate performance. Mr. Buffett, 89, president and CEO of Berkshire, is recognized for his long-term success as a stock market investor and negotiator. But in recent years, the performance of Berkshire shares has failed to beat […]

Mexico is investigating former President Enrique Peña Nieto, according to senior official

MEXICO CITY – Mexican law enforcement officers are investigating former President Enrique Peña Nieto as part of the highest profile corruption case in years, said a senior Mexican judicial official. The investigation into the former leader is part of a large case against Emilio Lozoya, the former head of state oil company Petróleos Mexicanos. Mr. […]