Far East Consortium Selling US$300 Million Worth of Notes Due 2021 

Far East Consortium International Ltd. is selling US$300 million worth of notes for business development and working capital. (published 0027 GMT)

 
 
Mingfa Group Controlling Shareholder Cooperating With Fujian Authorities on Investigation 

The controlling shareholder of Mingfa Group Co. said Thursday it is cooperating with the Chinese authorities on an investigation. (published 0020 GMT)

 
 
Dropbox Says 68 Million Usernames and Passwords Stolen in 2012 Hack 

Dropbox Inc. is forcing some users to reset passwords after discovering that 68 million usernames and passwords were stolen from the online-storage site during a 2012 hack. (published 0014 GMT)

 
 
China Rongzhong Financial Names Yao Fe as CEO With Immediate Effect 

China Rongzhong Financial Holdings Co. has appointed Yao Fe as chief executive officer, replacing Li Fan who has resigned from the position with immediate effect. (published 0037 GMT)

 
 
Sycamore and Joint Venture Bidding on Retailer Aéropostale 

An auction that will determine the future of Aéropostale moves into a fourth day Thursday, with competing bids from a group that would save some 229 stores and from private-equity firm Sycamore Partners. (published 2317 GMT Wednesday)

 
 
Aero Contractors Airlines Suspends Scheduled Operations in Nigeria 

Aero Contractors Airlines, one of Nigeria's largest commercial carriers, has suspended all its scheduled services, effective Thursday, the company said Wednesday. (published 2306 GMT Wednesday)

 
 
Wells Fargo, Amazon End Student-Loan Partnership -- Update 

That was quick. A partnership between Amazon.com and Wells Fargo & Co.'s private student lending department has come to an end about six weeks after it was announced. (published 2248 GMT Wednesday)

 
 
AMD, Globalfoundries Change Terms of Business Agreement 

Advanced Micro Devices Inc. and the company that manufactures most of its computer chips have updated their relationship, continuing AMD's ability to make chips elsewhere. (published 2242 GMT Wednesday)

 
 
Hanjin Shipping Upsets Global Trade After Seeking Protection From Creditors 

South Korea's Hanjin Shipping Co., one of the world's largest shipping lines, stopped taking new cargo, and U.S. ports began turning away its ships after it filed for bankruptcy protection in Seoul on Wednesday. (published 2239 GMT Wednesday)

 
 
BankUnited CEO to Retire, Operating Chief Named to Top Post -- Update 

BankUnited Inc.'s chief operating officer will become chief executive next year, succeeding John A. Kanas, the New York banker who led the bank's comeback following the financial crisis. (published 2236 GMT Wednesday)

 
 
Salesforce Revenue Rises but Outlook Disappoints -- 2nd Update 

Salesforce.com Inc. is preparing for growth through acquisitions, as it branches into new areas such as e-commerce and artificial intelligence. But first it must digest some recent deals. (published 2229 GMT Wednesday)

 
 
J. Crew Sales Fall as Slump Continues 

J. Crew Group Inc.'s two-year slump showed no signs of improving in the latest quarter, as sales fell 4% and the apparel chain struggled to regain customers. (published 2219 GMT Wednesday)

(END) Dow Jones Newswires

August 31, 2016 21:00 ET (01:00 GMT)