Seed and pesticide makers like BASF, DuPont, Bayer and Monsanto are investing heavily to develop products incorporating organisms like bacteria and tiny fungi, which executives say can help plants avert pests.
Activist investor Dan Loeb revealed his Third Point has built a stake in biotech company Amgen and is calling on it to explore breaking into two businesses, according to a letter he sent to Third Point’s investors.
Satellite TV provider Dish Network Corp. is no longer carrying several channels owned by Turner Broadcasting, including CNN and Cartoon Network, after the companies failed to agree on a new distribution deal.
Several big auto makers said it was unclear when suspect air bag parts tied to at least two deaths in the U.S. would be replaced—due either to a lack of parts or from owners failing to have repairs made.
With the health law’s insurance mandate for employers set to kick in next year, companies are trying to avoid the law’s penalties while holding down costs, using strategies like enrolling employees in Medicaid.