Macy's Hires eBay Executive Amid Management Shakeup 
 

Macy's poached a senior eBay executive and streamlined its top management in an effort to speed up decision-making at the struggling department-store chain.

 
Great Wall Expresses Interest in Fiat Chrysler's Jeep 
 

Chinese auto maker Great Wall Motor said it is interested in acquiring Jeep, the profitable U.S. sport-utility-vehicle maker owned by Fiat Chrysler Automobiles.

 
Herbalife Deals Blow to Ackman With Going-Private Talks 
 

Herbalife raised the specter of going private Monday, sending its stock soaring and dealing a blow to William Ackman, the nutritional-supplements company's chief antagonist.

 
Simon Property Reaches Settlement in Antitrust Investigation by New York 
 

New York State Attorney General Eric Schneiderman and retail property giant Simon Property Group reached an antitrust settlement that requires Simon to end practices that protected its popular Woodbury Common Premium Outlets from competition.

 
Ross Levinsohn Named CEO, Publisher of Los Angeles Times 
 

Tronc announced a broad management shake up at its flagship newspaper, the Los Angeles Times, bringing in internet and media industry veteran Ross Levinsohn as its new chief executive and publisher.

 
Baidu Is Selling Takeout Delivery Business to Alibaba-Backed Ele.me 
 

Baidu is selling its takeout delivery business to Ele.me, a rival backed by Alibaba. The deal will help the Chinese search-engine giant stop sinking money into a costly business that hasn't paid off.

 
Texas Regulators are First Test for Sempra's Oncor Deal 
 

Texas regulators who have proven to be harsh critics of suitors for Oncor, the largest power-transmission utility in the state, will be the first test for Sempra Energy's $9.45 billion takeover offer.

 
Total Buys Maersk Oil for $5 Billion 
 

French oil giant Total has agreed to acquire Danish conglomerate A.P. Moeller-Maersk's oil unit for $4.95 billion, signaling a renewed appetite for deals in the global oil-and-gas industry.

 
Cisco to Buy Springpath for $320 Million 
 

Cisco Systems said Monday it plans to buy Springpath Inc., an early partner in the so-called hyperconverged-systems market, as part of a shift to selling software and services to help turn around the struggling company.

 
Johnson & Johnson Hit With $417 Million Verdict in Baby Powder Case 
 

A jury awarded a woman with ovarian cancer $417 million Monday in a case against Johnson & Johnson, the latest hit to the pharmaceutical company in widespread litigation over the alleged harms of its baby powder.

(END) Dow Jones Newswires

August 21, 2017 17:15 ET (21:15 GMT)