Viacom Board Prepares for Fight

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Lead independent director Frederic Salerno said in a letter to Viacom constituencies the board is preparing for a legal battle to keep their seats because they don’t believe controlling shareholder and former chairman Sumner Redstone has the mental capacity to act of his own free will.

Venture Capital and Its Discontents

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The cultural dominance of venture capital and hypergrowth for startups is provoking a backlash in tech, with some VCs and founders working on a more “organic” way to grow new businesses

Jazz Pharmaceuticals Nears Deal to Buy Celator for About $1.5 Billion

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Jazz Pharmaceuticals is nearing a deal to buy Celator Pharmaceuticals for about $1.5 billion, a huge premium for a company with a promising leukemia drug but no revenue.

Delivery Service Brings Groceries to Your Fridge When You're Away

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In Sweden, groceries can be delivered in your absence and directly to where they belong: your kitchen and fridge. PostNord and supermarket chain ICA are testing the service in Stockholm.

Few Spinoffs Make a Clean Break

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The spate of spinoffs from companies such as Hewlett Packard Enterprise and Baxter International often masks the complex challenges finance chiefs face in the aftermath.

Solar Panel Leasing Decreases, as More Customers Look to Buy

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Companies such as SolarCity and Sunrun rapidly expanded by leasing solar panels to homeowners but now face stiff competition from smaller upstarts that sell the units to customers instead.

'X-Men' Sequel Rises to the Top

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Two Hollywood franchises turned in disappointing box-office performances on Memorial Day weekend. “Alice Through The Looking Glass” flopped, while the superhero sequel “X-Men: Apocalypse” opened to $80 million.

The Price 'Assertive' Women Pay At Work---and How to Minimize It

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Research shows women on average are penalized for direct, explicit forms of assertiveness but not for assertiveness expressed through nonverbal means.

J.P. Morgan's Security Game Plan

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CIO Dana Deasy discusses the bank’s strategy since the 2014 breach, as well as working with fintech partners.

Business Lobby Launching Effort to Keep GOP in Control of Senate

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The U.S. Chamber of Commerce will deploy influential Republicans to raise funds for tight Senate races, aiming to keep the GOP from losing control of the Senate in November.

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