AIG, Berkshire Hathaway Strike Reinsurance Pact 
 

American International Group said it would pay Warren Buffett's Berkshire Hathaway Inc. roughly $10 billion as part of a pact to make Berkshire responsible for covering some AIG claims if they run unexpectedly high.

 
Talks Between Malaysia, Abu Dhabi Over Missing Money Break Down 
 

Negotiations between government investment funds in Malaysia and Abu Dhabi over who is responsible for billions of dollars in missing money have broken down, according to people familiar with the matter, making it harder for the two funds to put the scandal behind them.

 
GE Revenue Slips, Hurt by Oil Woes 
 

General Electric's revenue declined 2% in the fourth quarter, as the company was weighed down by a depressed oil industry and shipped fewer jet engines and power turbines than it had planned.

 
Société Générale in $50 Million Settlement With U.S. 
 

Société Générale has agreed to pay a $50 million civil fine to settle federal claims that it defrauded investors, including financial institutions, in the marketing and sale of a residential mortgage-backed security, the Brooklyn U.S. attorney's office said Friday.

 
Ford Sees Remeasurement Loss of About $3 Billion 
 

Ford Motor Co. said it plans to take a $3 billion pre-tax charge against its fourth-quarter earnings related to its pension and retiree-benefit plans, following a change in its pension accounting the company made a year ago.

 
Procter & Gamble Says It's 'On Track' 
 

Procter & Gamble offered a more upbeat outlook for sales growth this year as it posted better-than-expected organic sales for the latest quarter.

 
SEC Questions Herbalife Over China Anti-Corruption Efforts 
 

Herbalife said Friday that the Securities and Exchange Commission is investigating its anticorruption efforts in China.

 
AT&T's DirecTV Now Added at Least 200,000 Subscribers in First Month 
 

AT&T said its new streaming-video service, DirecTV Now, added at least 200,000 paying subscribers in December, its first month of operation.

 
Samsung Investigation Blames Battery Size for Galaxy Note 7 Fires 
 

An investigation into the cause of faulty batteries that led Samsung Electronics to pull all of its Galaxy Note 7 smartphones last year found that some batteries were irregularly sized, causing overheating, while others had manufacturing problems.

 
Schlumberger Looks Towards Growth After Posting Another Quarterly Loss 
 

Schlumberger's chief executive expressed cautious optimism Friday that a two-year downturn that ravaged the world-wide energy industry has reached its bottom and recovery is on the way.

(END) Dow Jones Newswires

January 20, 2017 15:15 ET (20:15 GMT)