Investors Like G.E.’s Plan to Shrink. Nelson Peltz, Especially.
The activist investor’s firm, Trian, has pushed the conglomerate for change over nearly three years.
Business
Aging Hong Kong Waterfront Gets a Face-Lift
The $2.6 billion Victoria Dockside will be a modern art and design district, its developer says, combining retail, residential and commercial interests.
How McKinsey Lost Its Way in South Africa
When the godfather of management consulting landed its biggest contract ever in Africa, it made the worst mistake in its storied nine-decade history.
Spotify, Nodding to Broader Ambitions, Hires Chief Content Officer
Dawn Ostroff, who had been president of Condé Nast Entertainment, the publisher’s video studio, will join Spotify in August and be responsible for its content and editorial divisions.
Grammys Expand Number of Nominees in Four Top Categories
Album, record and song of the year, and best new artist will have eight nominees instead of five, a move that could help increase the gender diversity of the artists recognized.
As Trade Fight Looms, China Turns Censors on Its Own Policies
Officials are suppressing media mentions of Made in China 2025, the country’s three-year-old, very public plan to become a high-tech superpower.
Trump Threatens Harley-Davidson as Company Shifts Production Overseas
President Trump took aim at one of his favorite American manufacturers, Harley-Davidson, a day after the company said it would shift some production overseas to avoid retaliatory tariffs.
To Draw Workers, Employers Offer to Help With Student Loans
Education debt is a priority for younger employees. A new program from the pharmaceutical company Abbott adds a twist: promoting retirement saving, too.
Federal Judge Dismisses Cities’ Suit Against Oil Companies Over Costs of Climate Change
The ruling in the closely watched case was a defeat for San Francisco and Oakland, which had sued fossil fuel companies over the costs of a warming world.
Federal Judge Dismisses Suit Against Oil Companies Over Costs of Climate Change
The ruling in the closely watched case was a defeat for San Francisco and Oakland, which had sued fossil fuel companies over the costs of a warming world.