Starboard, Elliott Management Call on eBay to Shed StubHub, Classifieds 
 

EBay is being circled by a pair of activist investors who want the online marketplace to consider parting ways with its StubHub ticketing and classified-ads businesses.

 
Arconic Won't Sell Company, Ending Potential Deal with Apollo Global 
 

Arconic won't pursue a sale of the company, nixing a potential deal with private-equity firm Apollo Global Management. Shares of the metal manufacturer fell more than 26% in premarket trading.

 
Mastercard Fined $650 Million by EU 
 

The European Union fined Mastercard over charges it artificially raised the costs of card payments inside the bloc, continuing a European crackdown on U.S. credit-card companies over fees.

 
Bunge Names Heckman Acting CEO, Warns on Profits 
 

Bunge named Gregory Heckman as the new acting chief executive and said three directors would step down as the agricultural company warned of lower-than-anticipated profits.

 
Renault to Name Carlos Ghosn Successor at Thursday Meeting 
 

French auto maker Renault plans to name a successor to its jailed chairman and chief executive, Carlos Ghosn, at a board meeting Thursday, according to people familiar with the matter.

 
Travelers Posts Higher Profit Despite Larger Catastrophe Losses 
 

Travelers Cos.'s fourth-quarter profit rose from a year ago, when the insurance firm recorded a $129 million charge related to the overhaul of the U.S. tax code, even as catastrophe losses increased.

 
Johnson & Johnson's Litigation Costs Double in Fourth Quarter 
 

Johnson & Johnson said litigation costs nearly doubled in the fourth quarter as the company looks to fight lawsuits over the safety of the company's signature baby powder.

 
EQT Unveils Cost-Cutting Plans 
 

EQT Corp. said it was taking additional cost-cutting steps and forming a board committee to review its operations as some shareholders seek to shake up the company's management following its merger with Rice Energy Inc.

 
Former Fannie Mae Chief Joins Blend, a Mortgage Startup 
 

Former Fannie Mae chief Timothy Mayopoulos is joining mortgage-software startup Blend Labs Inc., becoming one of the highest-profile executives to jump into the financial-technology sector.

 
IBM Revenue Trends in Reverse 
 

International Business Machines Corp. is scheduled to report fourth-quarter earnings after the close of trading Tuesday. Here is what to expect.

 
 

(END) Dow Jones Newswires

January 22, 2019 11:15 ET (16:15 GMT)

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