Elliott Preps for Potential Fight With Hess, Seeking CEO Ouster

Elliott Management Corp. is preparing for a possible tussle with Hess Corp., hoping to either remove John B. Hess as chief executive or push him to...

Airbus Upheaval Triggers Search for New CEO

Airbus is hunting for a new chief executive to navigate it through a spell of heavy turbulence, with Europe’s largest plane maker facing...

NLRB Overturns Obama-Era Ruling on Jointly Employed Workers

The National Labor Relations Board overturned an Obama-era ruling that potentially made it easier for contractors and workers at franchised...

U.S. Industrial Production Rose 0.2% in November

U.S. industrial production rose in November, boosted by a post-hurricane recovery in oil and gas extraction.

GOP Makes Change to Child Tax Credit in Bid to Satisfy Rubio

Republicans will make more of the child tax credit refundable in a last-minute concession to Sens. Marco Rubio and Mike Lee, potentially clearing one...