After Stress Test, Buffett Stands to Be Top Bank of America Holder 
 

Warren Buffett's Berkshire Hathaway may become the biggest shareholder in Bank of America, if the country's second-largest bank gets the expected stress-test result Wednesday.

 
MetLife Closer to Spinning Off U.S. Life Insurance Business 
 

MetLife has cleared one of the last obstacles to spinning off most of its longtime core business of selling life insurance to U.S. families.

 
Stephan Feldgoise, a Top Goldman Merger Banker, to Retire 
 

Stephan Feldgoise, co-head of Goldman's M&A group in the Americas, is retiring from the firm at age 46, according to people familiar with the matter. He will remain an advisory director.

 
Yogurt Declines Continue to Hurt General Mills 
 

General Mills' new chief executive said he would invest in reviving sales as the struggling yogurt business continues to weigh on the company.

 
ABC News Settles 'Pink Slime' Food-Libel Lawsuit 
 

ABC News has settled a defamation lawsuit filed by the maker of a processed-meat product that critics dubbed "pink slime," bringing to a close a high-profile legal test of so-called food-libel laws intended to shield the food-production industry from bogus food-safety scares.

 
Monsanto Boosted by Soybean Seeds and Traits Business 
 

Higher soybean plantings in the U.S. this spring boosted biotech seed giant Monsanto's quarterly profit, despite the broader slump in agricultural commodity prices.

 
Nestlé's Future May See Less Reliance on Packaged Foods 
 

Nestlé, the world's biggest packaged-food company, may be cutting back on packaged food.

 
Alibaba Pumps Another $1 Billion Into Lazada 
 

The Chinese internet giant is plowing an additional $1 billion into Southeast Asian e-commerce firm Lazada Group, raising its stake to 83% from 51%.

 
J.P. Morgan Names New EMEA Tech Investment Banking Head 
 

J.P. Morgan Chase & Co. has poached Matthew Gehl, a senior technology banker, from Deutsche Bank to lead its technology investment banking coverage in Europe, Middle East and Africa.

 
SEC Charges Obsidian Energy With Fraud 
 

U.S. securities regulators filed charges against the Canadian oil-and-gas company and several former executives for their roles in an alleged accounting fraud.

(END) Dow Jones Newswires

June 28, 2017 15:16 ET (19:16 GMT)