EU Says Amazon, Apple End Exclusivity Obligations for Audiobooks 
 

EU antitrust regulators welcomed a move by Amazon.com to end exclusivity obligations for the supply and distribution of audiobooks with Apple.

 
IBM CEO: Executives Like Trump's Pro-Business Promises 
 

The prospect of lower U.S. corporate tax rates and scaled-back regulations is tempering businesses' worries about global political uncertainty, IBM Chief Executive Ginni Rometty said.

 
Safran to Buy Plane-Cabin Specialist Zodiac for $9 Billion 
 

Safran has agreed to buy cabin-interiors specialist Zodiac Aerospace for $9 billion, in the latest sign of consolidation among suppliers to the world's top plane makers.

 
BHP, Vale Lay Out Plan to Reach Brazil Dam-Failure Settlement 
 

BHP Billiton, Vale and their Brazilian iron-ore joint venture have agreed on a plan with federal prosecutors there for negotiating a settlement of a $47.5 billion civil claim linked to a dam failure that killed 19 people in 2015.

 
Toshiba Shares Plunge on Write-Down Woes 
 

Shares in the Japanese conglomerate fell 16%, deepening concern about the company's future ahead of an announcement coming soon on losses in its U.S. nuclear business.

 
Hyundai Merchant Marine to Buy Stake in Long Beach Terminal 
 

South Korea's Hyundai Merchant Marine said it will buy a fifth of the company that runs the biggest container terminal at Long Beach, Calif., the U.S.'s No. 2 port, a month after dropping out of a joint bid for a controlling stake.

 
Asahi Reviewing Investment in China's Tsingtao Brewery 
 

The Japanese beer maker is reviewing its investments in China including its minority stake in Tsingtao Brewery because it isn't satisfied with the current relationship, Asahi's president said.

 
Wall Street Gets Back Its Groove 
 

The historic U.S. election jolted Wall Street trading desks, buoying investor confidence and sparking activity that pushed the five biggest U.S. investment banks to sharply higher fourth-quarter profits.

 
Netflix's Global Growth Fuels Surge in Subscribers 
 

Netflix's subscriber additions surged in the fourth quarter, fueled by an aggressive international expansion, as the streaming giant continues to stock up on content it hopes will appeal across multiple countries.

 
Nintendo to Roll Out Super Mario Run for Android OS in March 
 

Nintendo Co. plans to launch its Super Mario Run smartphone game for Android OS in March, a three-month delay after the rollout for Apple Inc.'s smart devices.

(END) Dow Jones Newswires

January 19, 2017 07:15 ET (12:15 GMT)