The legal battle over media mogul Sumner Redstone’s mental competence, which for months has transfixed Hollywood and Wall Street with its salacious details and personal rivalries, heads to court in the coming week.
India’s economy expanded by 7.3% last year, outpacing every other major nation, including China, for the first time in nearly two decades. But as with most developing countries, India’s economy defies easy measurement.
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.