News Highlights: Top Company News of the Day

Activist Proxy Fight Puts Focus on P&G’s Cost-Cutting Effort

Over the years when Procter & Gamble wasn’t able to sell more Tide or Pampers, the company could at least point to one clear success: a sweeping, $10 billion cost-cutting plan executed ahead of schedule.

Netflix Rises on Strong Subscriber Growth

Netflix blew through its estimate for subscriber growth in the second quarter, adding 5.2 million users, as the streaming giant showed it is thriving in a hotly-competitive market for internet television.

A New Generation Is Poised to Take Control of KKR

KKR put two executives in line to take over one day for Henry Kravis and George Roberts, the private-equity pioneers atop one of the biggest brands in finance.

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Tesla Names James Murdoch and Linda Johnson Rice to Board

Tesla, which has faced criticism from its investors about a lack of independent directors, named 21st Century Fox CEO James Murdoch and Ebony Media CEO Linda Johnson Rice to its board.

India’s Mahindra Doubling U.S. Investment Over Five Years

Mahindra & Mahindra Ltd. plans to double its bets in the U.S. over the next five years, spending $1 billion in an effort to strengthen the Indian company’s brand as President Donald Trump pressures companies foreign and domestic to steer investments toward America.

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