Hanjin Shipping Is Declared Bankrupt 
 

A South Korean court pulled the plug on Hanjin Shipping, declaring it bankrupt and ordering the liquidation of a company that has led the country's shipping industry for the past four decades.

 
Fund's $600 Million Lost Week Captivates Traders 
 

It is the buzz of Wall Street: a five-day, 15% plunge in a U.S. mutual fund whose bearish bets were undone by the S&P 500's latest run to fresh records.

 
Seoul Court Approves Arrest of Samsung Leader 
 

A South Korean court approved a warrant for the arrest of Lee Jae-yong, the de facto leader of the Samsung conglomerate, over his alleged role in a corruption scandal that has shaken South Korea's political and corporate establishments.

 
AT&T to Sell Unlimited Wireless Data Plan Without Pay TV 
 

AT&T is opening up its unlimited wireless data plans to all potential customers, not just those who buy its television service, days after rival Verizon Communications Inc. began offering unlimited plans for the first time since 2011.

 
Zuckerberg Lays Out Vision for Facebook in New Mission Statement 
 

Facebook CEO Mark Zuckerberg is setting his sights on becoming what he calls the "social infrastructure" for the company's nearly two billion users.

 
Theranos Had $200 Million in Cash Left at Year-End 
 

The embattled blood-diagnostics firm had $200 million of cash on hand at the end of 2016, people familiar with the matter said, less than a quarter of the funding it raised from investors and partners.

 
Carlyle Founders Collect Around $212 Million in Dividends in 2016 
 

The founders of private-equity firm Carlyle Group LP collected nearly $212 million in dividends and other compensation in 2016, a 28% drop from a year earlier.

 
Cree and Infineon Call Off Wolfspeed Deal 
 

Cree and Infineon Technologies have called off the $850 million deal over Cree's Wolfspeed unit, saying they couldn't resolve regulators' national security concerns.

 
Ventas In Talks to Buy Part or All of Brookdale Senior Living 
 

Healthcare-facility owner Ventas is in talks to acquire part or all of Brookdale Senior Living after another big suitor cooled on its bid for the nation's largest operator of senior-living centers.

 
MF Global and PwC to Face Off in $3 Billion Malpractice Lawsuit 
 

MF Global Holdings Ltd. collapsed more than five years ago after its risky bets on European sovereign debt came to light and spooked investors fled the commodities brokerage. Now, its auditor must face claims that bad accounting advice helped bring down the firm.

(END) Dow Jones Newswires

February 16, 2017 21:15 ET (02:15 GMT)