- Private-equity firm Apollo Global Management Inc is nearing a deal to buy industrial-parts manufacturer Arconi Corp .
- Federal Reserve officials signaled they might be done raising interest rates for now after approving another increase at their meeting that concluded Wednesday.
- Nordstrom Inc is closing two stores near downtown San Francisco, including one in a prominent indoor shopping mall.
- Darden Restaurants Inc agreed to buy the operator
of Ruth's Chris Steak House in a deal that would put the chain
under the same roof as Olive Garden, LongHorn Steakhouse and
Seasons 52.
- Former U.S. first lady Michelle Obama, is co-founding
a company called PLEZi Nutrition, selling food and drinks
intended to be healthier for kids than what is typically on
store shelves.
- Johnson & Johnson's big consumer-healthcare business priced its initial public offering at $22 a share in the biggest new-stock listing of the year. (Compiled by Bengaluru newsroom)
