Intel CEO Search Follows Other Executive Exits 
 

The sudden exit of Intel CEO Brian Krzanich for violating company policy is the latest in a string of high-level departures at the chip giant.

 
Two Titans' Rocky Relationship Stands Between Comcast and Fox 
 

Tensions between Comcast CEO Brian Roberts and 21st Century Fox Executive Chairman Rupert Murdoch are complicating Comcast's pursuit of the biggest media deal in years. Both Comcast and Disney, who are vying for Fox's entertainment assets, are seeking to counter the challenge of cord cutting and new technology rivals.

 
Deutsche Bank Breaks Up Its Global Corporate-Strategy Group 
 

Deutsche Bank AG's global corporate-strategy team is being dismantled and the executive who runs it, Ali Almakky, is leaving that role, according to people familiar with the matter.

 
GM Gives Product Chief More Responsibility Over Cadillac Turnaround 
 

General Motors is shuffling the roles of two top executives, giving its product chief more responsibility over the turnaround of its ailing luxury brand.

 
AmTrust Goes Private in $2.95 Billion Cash Deal 
 

AmTrust Financial Services announced that shareholders have approved its plan to be taken private by two New York families and a private-equity firm.

 
Chanel's First Results Release Shows Its Financial Might 
 

Chanel, the storied French fashion house that has dressed first ladies, royalty and Hollywood stars, published complete financial results for the first time, revealing itself as one of the luxury industry's top-selling brands.

 
Puma Gives Basketball Another Shot 
 

Puma is returning to men's basketball shoes having signed endorsement contracts with four top draft prospects, including Deandre Ayton and Marvin Bagley III, ahead of the draft in New York Thursday night.

 
WordPress.com Owner Buys Maker of Subscription-Offering Publishing Software 
 

Automattic, the owner of the popular publishing platform WordPress.com, has acquired the technology and publishing company Atavist in a bid to expand the suite of subscription and membership tools it offers to its customers.

 
This $2.5 Billion Wildfire Charge May Be Just the Beginning for California Utilities 
 

The parent of California's largest investor-owned utility plans to take a $2.5 billion charge related to a spate of deadly wildfires that swept the northern part of the state last October.

 
Intel CEO Resigns Over Relationship With Employee 
 

Intel said Chief Executive Brian Krzanich resigned for violating company policy by having a relationship with a co-worker, one of the most prominent CEOs to lose a job in an era of greater scrutiny over workplace behavior.

(END) Dow Jones Newswires

June 21, 2018 21:15 ET (01:15 GMT)