|Nestlé Unmoved by Third Point Demands|
Newly minted Nestlé Chief Executive Mark Schneider is facing the first big challenge of his short career in packaged foods.
|Amazon's Grocery Ambitions Spell Trouble for Food Brands|
Amazon’s deeper push into the grocery business threatens to further pinch packaged-food companies already coping with slowing sales.
|Bankrupt Air-Bag Maker Takata Means to Keep Limping Along|
Having filed for bankruptcy protection and agreed to sell most of its business, Japan’s Takata could go on for years supplying parts for the tens of millions of its potentially deadly air bags that still need to be replaced.
|In Unilever's Radical Hiring Experiment, Resumes Are Out, Algorithms Are In|
To diversify its candidate pool, Unilever has ditched resumes and traditional campus recruiting. Its new process relies on algorithms to sort candidates and targets young potential hires where they spend much of their time: their smartphones.
|Hollywood's Biggest Misses Are Hits Overseas|
American moviegoers are losing interest in some of Hollywood’s biggest franchises, depriving studios of their most profitable ticket sales even as international audiences in some foreign markets keep showing up.
|The $1.5 Trillion Business Tax Change Flying Under the Radar|
House Republicans are proposing eliminating the deduction that companies get for interest they pay on debt, a move that would alter modern finance. Yet the plan has gotten relatively little public attention or lobbying pressure.
|U.S. Durable Goods Orders Fall 1.1%|
Demand for long-lasting factory goods declined in May for the second straight month, a possible sign of softness in the U.S. manufacturing sector.
|Ahead of Fed Stress Test Results, Banks Have Less to Fear|
The Federal Reserve on Wednesday will release the final results of this year’s bank stress tests. Officials made the tests easier for some banks this year, and for the next time around they are preparing to further change the exams in fundamental ways.
|Bank for International Settlements Takes Aim at Protectionism|
The BIS, a consortium of central banks, warned that rising protectionist sentiment and a retreat from global cooperation on economic matters would threaten the world economy.
|Global Economy Week Ahead: U.S. and Europe Inflation, Yellen in London|
Inflation figures are due from Europe and the U.S., while Fed Chairwoman Janet Yellen will speak in London and Brazil’s Senate likely will hold a final vote on a contentious bill to overhaul its labor law.