Pimco Close to Settling Contract Suit With Bill Gross for $81 Million 
 

Pacific Investment Management is close to settling the breach-of-contract suit filed by its cofounder and former star bond manager, Bill Gross, for $81 million.

 
Sealed Air to Sell Cleaning Unit to Bain for $3.2 Billion 
 

Sealed Air Corp. said Monday that it would sell its cleaning business to private-equity firm Bain Capital for $3.2 billion.

 
Amazon Delays Opening of Cashier-Less Store to Work Out Kinks 
 

Amazon.com is delaying the public opening of its first cashier-less convenience store because of technical complications.

 
Supreme Court to Hear Case that Could Limit Lawsuits Against Companies for Disclosure Failures 
 

The U.S. Supreme Court on Monday agreed to consider whether publicly-traded companies can be sued for securities fraud by third parties for omitting "known trends or uncertainties" in filings to shareholders.

 
American, China Southern Air In Cooperation Talks 
 

American Airlines and China Southern Airlines are discussing a "major strategic cooperation," the Chinese airline said Monday in a regulatory filing.

 
The Galaxy S8 Is Samsung's Best Shot at Redemption 
 

Samsung's Galaxy S8, which will be unveiled Wednesday, has a lot more at stake than sales targets: it must restore consumer trust and stabilize a brand dogged by political scandal, product recalls and privacy concerns.

 
Facebook Wants to Help You Be a Better Citizen 
 

Facebook is getting more serious about the role it plays in your political life. The social network rolled out a civic outreach tool in the U.S. that identifies your elected officials, sends reminders to vote and goads you to pick up the phone.

 
Seller of Hijacked DVR in Colorado Laundromat Pledges to Tighten Security 
 

A surveillance-camera company featured in a previous article about hacked devices said it is taking steps to harden its products against attacks.

 
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.

 
Mexico Autos Output Soars as Trump Administration Settles In 
 

The prospect of lowering the U.S. auto industry's reliance on "Made in Mexico" got thornier during the Trump administration's early days, as the amount of popular pickups and SUVs flooding in from south of the border sharply increased in January and February.

(END) Dow Jones Newswires

March 27, 2017 13:15 ET (17:15 GMT)