Sumner Redstone to Be Deposed in Mental-Competency Case

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Media mogul Sumner Redstone will be deposed in the case challenging his mental competency, but he won’t testify in person, a California judge said Monday.

Tenet Healthcare Hurt by Lawsuit Costs, Helped by Decline in Uninsured

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Tenet Healthcare Corp. swung to an unexpected first-quarter loss as the hospital operator increased a reserve for a potential resolution of a whistleblower lawsuit that alleges the company’s Georgia hospitals took part in a kickback scheme.

Aeropostale Preparing to File for Bankruptcy

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Aeropostale is preparing to file for bankruptcy protection this week and close more than 100 stores, according to people familiar with the matter, as the teen-apparel retailer contends with mounting losses and falling sales.

Statoil Sells Marcellus Assets to EQT for $407 Million

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Statoil ASA has agreed to sell some of its assets in the Marcellus Shale formation in West Virginia to EQT Corp. for $407 million in cash.

Salesforce's Marc Benioff Has Kicked Off New Era of Corporate Social Activism

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On social issues such as gay rights, Salesforce.com CEO Marc Benioff is successfully pushing companies to speak out, drawing brickbats from local lawmakers and even his own board.

GNC Considers Sale of Company

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GNC Holdings said it had started a review that could result in the sale of the company, days after it said its turnaround plan was facing setbacks

Valeant and Buffett: Looking Past the War of Words

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Harsh words won’t further damage Valeant shareholders. Changes to earnings expectations might be a different story.

Grain Traders Rejecting New Monsanto Soybeans

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U.S. grain companies plan to reject Monsanto Co.’s new genetically modified soybeans, over concerns that they could disrupt international trade without a key regulatory approval from the European Union.

Ferrari Names Sergio Marchionne CEO

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Fiat Chrysler Automobiles chief Sergio Marchionne is also taking the wheel at Ferrari, a move that puts him in charge of the luxury sports car maker his company spun off to investors less than a year ago.

Hulu's Skinny Bundle: Media Companies Have to Dance While the Music Plays

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A planned Hulu skinny bundle could help its owners keep up with changing viewing habits, but it also poses a threat to their existing businesses.

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