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DuPont said its chairman and chief executive, Ellen Kullman, would retire as the company slashed its outlook and said it would speed up cost-cutting plans.
General Mills Inc. is recalling 1.8 million boxes of Cheerios because wheat flour was inadvertently added to cereal labeled gluten-free.
Twitter is handing the CEO reins back to Jack Dorsey, entrusting its founding architect to reassure investors and revive the social media service’s sagging user growth.
Investor activism often improves corporate performance but definitely not always. The Wall Street Journal measures results from 71 different cases of activist investors over a five-year period.
Company patriarch Ferdinand Piëch, ousted from the supervisory board in the spring, is exerting influence over Volkswagen affairs amid an emissions-testing scandal that pushed out the executive he opposed.
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