GE Nears Deal to Sell Industrial-Engines Unit 
 

General Electric is nearing a deal to sell a unit that makes large industrial engines to private-equity firm Advent International for $3 billion or more, people familiar with the matter said.

 
China's Meituan-Dianping Files for Hong Kong IPO 
 

Fast-growing Chinese technology startup Meituan-Dianping applied to list in Hong Kong and seeks to raise billions of dollars to pay for its growth strategy.

 
AT&T Expressed Interest in CBS Before Time Warner 
 

Before AT&T CEO Randall Stephenson set his sights on Time Warner, he expressed interest in acquiring CBS and met with Shari Redstone.

 
Intel's Chip Stumble Is Letting Rivals Pull Ahead 
 

The next chief of Intel will take over just as the chip giant is falling behind for the first time in an expensive race to shrink the circuitry on chips.

 
GE Factories in Wisconsin, South Carolina Caught in U.S. Trade Fight 
 

GE's MRI business offers a window into the complex interconnections of global trade, where components made in one country get assembled in another and may be sold back into the first.

 
Why Big-Ticket Items May Soon Cost You More Online 
 

The U.S. Supreme Court's ruling enables states to collect sales tax from all online purchases, eliminating the advantage of buying some big-ticket items from websites like Amazon.com.

 
Commonwealth Bank to Spin Off Wealth-Management Arm 
 

Australia's largest bank is overhauling its structure to focus on core banking operations with plans to exit its wealth-management and mortgage-broking businesses, and possibly sell its general-insurance unit.

 
'Jurassic World' Sequel Falls Short of Previous Installment 
 

"Jurassic World: Fallen Kingdom" opened to an estimated $150 million in the U.S. and Canada. That is a healthy debut by most measures, but 28% below the $208.8 million start for the first "Jurassic World."

 
Why Size Alone Won't Help Old Media Beat Netflix 
 

Even if incumbents such as Disney and AT&T bulk up, tech companies like Netflix, Amazon, and Apple will still have more leeway to spend.

 
Conagra, General Mills Square Off in Battle to Revive Packaged Foods 
 

Earnings this week will offer an update on who's winning the race to revive older food brands.

(END) Dow Jones Newswires

June 25, 2018 07:00 ET (11:00 GMT)