Bloomberg Nestle SA’s new Chief Executive Officer Mark Schneider said it will take years to return to the growth rates targeted by his predecessors and will consider exiting underperforming businesses if he can’t fix them. The world’s largest food company forecast revenue will increase 2 percent to 4 percent on an organic basis this year, below a long-held goal …

  Bloomberg Investors counting on a bidding war to drive up the price of German drugmaker Stada Arzneimittel AG well past its $3.66 billion in market value may be out of luck. The German maker of generic medicines this week said it had two offers, including one from Cinven Ltd. valuing it at about 56 euros-a-share. And people familiar with …

  Bloomberg Alphabet Inc. named broadband executive Gregory McCray to lead its Access subsidiary as the company tries to develop a new strategy for the internet-communications business. With the appointment, the Access unit, which includes the high-speed Fiber internet service, is getting slimmer. Several hundred employees are moving over to Alphabet’s main Google business, according to a person familiar with …