Bloomberg American International Group Inc. agreed to sell commercial and consumer units in nations including Argentina and Turkey to Prem Watsa’s Fairfax Financial Holdings Ltd. for $240 million as Chief Executive Officer Peter Hancock narrows his company’s focus. Fairfax will also acquire renewal rights on the portfolio of business written by AIG’s Central and Eastern European operations in countries ...

  Bloomberg Walt Disney Co. decided not to pursue a bid for Twitter Inc. partly out of concern that bullying and other uncivil forms of communication on the social media site might soil the company’s wholesome family image, according to people familiar with management’s thinking. The producer of family fare like “Finding Dory” had gone so far as to hire ...

  Bloomberg Bridget Kelly learned about Musical.ly at a sleepover and was hooked. Before long, the 12-year-old Moraga, California, resident and her friends were using the app to make 15-second music videos showing off their acapella or lip-syncing skills. After school, they choreographed moves for their next music video and performed “duets” with favorite celebrities. Kelly is one of more ...