Ex-HSBC Executive Sentenced to Two Years Following 'Front-Running' Conviction 
 

Former high-ranking HSBC Holdings PLC executive Mark Johnson was sentenced to two years in prison, following his conviction last fall on charges that he misused confidential information about a client's $3.5 billion currency trade to make millions of dollars for the bank.

 
Amazon More Than Doubles Its Profit 
 

The online retail firm more than doubled its quarterly profit despite spending heavily on building more warehouses and devices, as well as bulking up on assets for its delivery network and video content.

 
Microsoft Rides Cloud Strength, Signals More to Come 
 

Microsoft extended its streak of wins in the latest quarter as it moves into an era where its Windows franchise plays a supporting role to its burgeoning cloud-computing operations.

 
Intel's Higher Profit Shows Firm Shaking Off Chip Flaws 
 

Intel's quarterly profit rose as the chip giant showed no impact from revelations earlier this year of critical security flaws in its processors.

 
Starbucks Chief Vows to Learn From Philadelphia Arrests 
 

Starbucks CEO Kevin Johnson promised to prevent an incident like the arrest of two black men at one of its coffee shops in Philadelphia this month from happening again.

 
China's HNA in Talks to Sell European Transportation Business 
 

Chinese conglomerate HNA Group Co., under pressure to cut its debt load, is in exclusive talks to sell its European and Canadian transportation and logistics business to infrastructure investor I Squared Capital for north of 1 billion euros ($1.21 billion).

 
AT&T's Tab Awaiting Time Warner Takeover Hits $1.4 Billion 
 

Even if a federal judge sides with AT&T Inc. in its fight to take over Time Warner Inc. for $85 billion, victory won't have come cheap.

 
Chipotle CEO Says No to Breakfast, Yes to Longer Hours 
 

Chipotle Mexican Grill's new chief executive said his recipe for reviving the burrito maker is simple: focus on improving the fast service and relatively simple menu that made the chain so popular to begin with.

 
Consumer Spending Helps to Boost Discover Results 
 

Credit-card balances at the company grew 10% in the quarter from a year earlier as earnings topped expectations.

 
Maersk CEO Calls For End to Shipping Subsidies 
 

Soren Skou, head of the world's biggest container ship operator, says government backing is propping up carriers "who do not have a profitable business model."

 
 

(END) Dow Jones Newswires

April 26, 2018 21:15 ET (01:15 GMT)

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