Barclaycard Sells $1.6 Billion in Risky Credit-Card Balances to Credit Shop 
 

Barclaycard is shedding a chunk of its subprime card balances, in a deal that reflects diverging views in the card industry about the future of the U.S. economy and the wisdom of wagering on risky borrowers.

 
A Steel Pioneer Is Getting Out of Steel 
 

Germany's Thyssenkrupp, which CEO Heinrich Hiesinger aims to refocus on capital goods, took a big step away from its once-core steel business with the sale of its last steel plant in the Americas. Shedding its European steel unit is the next test.

 
Apple Bites Back With iPhone Court Win in China 
 

A Beijing court found Apple's iPhone 6 and 6 Plus models don't infringe on smartphone-design patents held by defunct local manufacturer Baili.

 
Why PTC's Revenue Still Raises Eyebrows 
 

Software maker PTC has said its shift to a subscription model is attracting new customers, but its numbers look different from others that have undergone similar transitions.

 
Chinese Conglomerate HNA to Buy Stake in U.S. Asset Manager 
 

A unit of HNA Group agreed to acquire a stake in U.S. investor OM Asset Management, the latest deal in the Chinese conglomerate's ambitious global buying spree.

 
Anthem Grilled as It Seeks to Save Cigna Deal 
 

A federal appeals court panel on Friday asked tough questions of health insurer Anthem, which is attempting to salvage its proposed $48 billion acquisition of Cigna after a trial judge blocked the combination as anticompetitive.

 
Charter Communications to Hire 20,000 U.S. Workers 
 

Charter Communications CEO Tom Rutledge pledged to hire 20,000 U.S. workers and invest $25 billion over the next four years at an event with President Trump, allowing the administration to trumpet a jobs announcement that had been in the works for some time.

 
Trump Administration Grants Permit for Keystone Pipeline 
 

The Trump administration has signed a presidential permit for TransCanada to build Keystone XL, bringing the oil pipeline closer to fruition more than a year after former President Barack Obama blocked its construction.

 
Goldman Veteran Poached by Private-Equity Firm 
 

A Goldman Sachs partner who oversaw the bank's business of packaging mortgages and other consumer loans for sale to investors is leaving for an investing arm of San Francisco-based buyout shop TPG.

 
Netflix: The Monster That's Eating Hollywood 
 

The streaming-video service is hogging talent and pushing up prices, spurring pushback from rival TV producers who once saw it as a partner.

(END) Dow Jones Newswires

March 26, 2017 21:15 ET (01:15 GMT)