ViacomCBS Names Cheeks to Succeed Ianniello as CBS Chief 
 

George Cheeks succeeds Joe Ianniello, chairman and CEO of CBS, who will be leaving the company.

 
Amazon Tops $1 Trillion as New Era of Big Profits Continues 
 

Amazon is poised to become the fourth U.S. company to close at a value of $1 trillion after besting retail rivals in the crucial holiday period and signing up a wave of new customers to its Prime service.

 
Exxon's Growth Gambit Failing to Yield Higher Profits 
 

The energy giant is still struggling to bolster its bottom line, nearly two years into a plan to substantially boost oil and gas production by spending more than rivals.

 
Nike Vaporfly Shoes Won't Be Banned From Olympics 
 

The current version of Nike's controversial high-tech Vaporfly sneakers won't be banned in elite competition, a decision that will fuel further debate about the shoe's perceived competitive advantage ahead of this summer's Tokyo Olympics

 
IBM Doubles Down on Cloud Bet With New Leadership Team 
 

Arvind Krishna, the 30-year IBM veteran tapped to be just the 10th CEO in the company's 108-year history, takes over a company that has been in transition for almost all of his predecessor's eight years on the job.

 
Caterpillar Drives Down Expectations for 2020 
 

The machinery maker said global uncertainty crimped sales in the latest quarter as companies held off on big purchases. It expects demand for its equipment to fall this year.

 
Honeywell Profit Falls With Sales Decline 
 

Honeywell said its profit dropped in the fourth quarter as sales fell at the slimmed-down company.

 
Tech Sector Fears Supply Delays as Effects of Virus Ripple Through China 
 

Tech companies face disruptions to their supply chains in China including prolonged factory closures and labor shortages, as the deadly coronavirus outbreak threatens China's vast manufacturing network.

 
KKR Swings to Profit 
 

The private-equity firm reported a profit in the fourth quarter, compared with a net loss a year ago.

 
Airbus Bribery Charges Unveiled After $4 Billion Settlement 
 

Airbus, the world's largest plane maker, made illicit payments to intermediaries to win contracts around the globe, according to allegations disclosed by a French judge as part of the company's EUR3.6 billion settlement with U.S., UK and French prosecutors.

 
 

(END) Dow Jones Newswires

January 31, 2020 13:00 ET (18:00 GMT)

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