Ed Bastian becomes Delta’s CEO on Monday, 18 years after joining what is now the nation’s No. 2 airline by traffic. He has resigned once, helped steer Delta through bankruptcy and helped shepherd its merger with Northwest.
Verizon has avoided work stoppages at its growing wireless unit by seeking to keep unions out. Partly as a result, organized labor has lost some of its influence over the phone giant, as its unionized landline business has shrunk.
Valeant and its now-outgoing chief executive Michael Pearson pursued quick, aggressive price increases on acquired drugs in recent years—a strategy that is evident in documents collected during a Senate investigation.
The presidential race has re-energized CNN after years of weak ratings, playing a major role in more than doubling its prime-time audience in the network’s target demographic of 25- to 54-year-olds since the start of 2016.
European counterterrorism officials say American laws and corporate policies are hampering their efforts to prevent the next attack, because legal procedures for getting international evidence from U.S.-based social-media firms are dangerously outdated.
At the annual White House Correspondents’ Dinner—affectionately called the “nerd prom”—models, fashionistas and actors are instantly recognizable among the more mundanely attired politicians, staffers and journalists.
Halliburton and Baker Hughes are planning to call off their merger, once valued at nearly $35 billion, which encountered opposition on multiple continents from regulators who claimed that it would hurt competition in the oil-field services business.