Goldman Names David Solomon as CEO 
 

Goldman Sachs said veteran investment-banker David Solomon would succeed Lloyd Blankfein as chief executive Oct. 1, setting up a high-profile transition for a firm that is expanding well beyond its Wall Street roots.

 
UnitedHealth Raises Profit Outlook 
 

UnitedHealth Group raised its full-year earnings outlook as the company continued to see growth in health-care plan membership and premiums.

 
Johnson & Johnson's Pharma Business Fuels Sales Growth 
 

Johnson & Johnson's pharmaceuticals business helped drive sales growth at the company for the latest quarter but the health-products giant's U.S. consumer business continued to struggle.

 
GE Still Wrestles With a Big Problem: GE Capital 
 

General Electric continues to work with bankers and advisers to determine the best way to proceed with GE Capital, the lending unit that nearly sank the company in the financial crisis.

 
Papa John's Founder Says Resignation Was a Mistake 
 

Papa John's International's founder John Schnatter said "it was a mistake" to step down as chairman last week and is questioning how the board investigated his use of a racial slur.

 
Amazon Foes Walmart and Microsoft Deepen Tech Partnership 
 

Walmart agreed to use Microsoft's cloud technology to power functions, including algorithms for purchasing and sales-data sharing with vendors, the two companies said.

 
Vox Media to Begin Licensing Publishing Technology Chorus 
 

Digital publisher Vox Media is trying out a new money-making strategy: Selling the software that it uses to produce stories.

 
Boeing Sees $15 Trillion Commercial Airplanes, Services Market 
 

Boeing said rising passenger traffic and a wave of airplane retirements will drive the need for 42,730 new jets, valued at $6.3 trillion, over the next 20 years.

 
Big Tech's Growth Comes With a Big Bill 
 

Tech giants like Amazon, Apple and Google are delivering above-average growth, but the cost of staying competitive is rising more.

 
EU Car Sales Hit Record in June 
 

Car sales in the European Union showed robust growth in June, as volumes for the month reached a record high despite mixed results across the bloc's major markets.

(END) Dow Jones Newswires

July 17, 2018 09:15 ET (13:15 GMT)