Daniel S. Loeb, founder and chief executive of the hedge fund Third Point, which wants Nestl� to sell its stake in L'Or�al. Credit Steve Marcus/Reuters.
The Australian Transport Safety Bureau has launched an investigation into an engine failure that caused an AirAsia X jet to “shake like a washing machine” for two hours.
China just sent a clear message to casinos sprouting across Asia: don't peddle your baccarat here. A Shanghai court on Monday convicted 19 Crown Resorts Ltd.
Italy began winding up two failed regional banks on Sunday in a deal that could cost the state up to 17 billion euros ($19 billion) and will leave the lenders' good assets in the hands of the nation's biggest retail bank, Intesa Sanpaolo.
Martin Shkreli, former chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals Inc, departs after a hearing at U.S.