US Business

Robert “Kelly” Ortberg will need both strategic vision and an eye for detail as he tries to revamp a manufacturing giant that has been hobbled by production delays, factory flubs and quality lapses.

Disney, Six Flags and Universal’s owner reported softer results as consumers pull back—or travel abroad.

Hargreaves Lansdown has agreed to a takeover offer from a CVC-backed private-equity consortium that values the U.K. retail-investment platform at $6.9 billion.

Generali posted slightly higher operating profits and a 20% rise in gross premiums for the first half, after improved life-insurance and asset-management results offset increased natural-disaster costs.

The industry was dealt a setback after a turbine blade broke at one of the nation’s largest planned offshore wind farms.

Samsung Electronics is recalling more than one million electric stoves in the U.S. following reports of about 250 fires that have injured dozens of people and killed pets.

Netflix said it has struck a deal to have CBS Sports produce the two National Football League games the streamer is carrying this Christmas.

Algonquin Power & Utilities has agreed to sell its renewable energy business for $2.5 billion as it transforms into a pure-play regulated utility.

Merck has struck a deal worth up to $1.3 billion to buy an investigational drug targeting B-cell associated diseases.

Shares of Ola Electric Mobility jumped in their trading debut, reflecting strong investor interest in India’s nascent electric-vehicle market.