Verizon is allegedly using Huawei's technology without a license in such applications as its routers and switches and in enterprise services.

"Our goal is to reclaim and revitalize what a department store should be," says Macy's chief executive Jeff Gennette.

FTC charges "the loss of Harry's as an independent competitor would remove a critical disruptive rival that has driven down prices and spurred innovation."

The "review was triggered by the sales slowdown of traditional black tea in developed markets as consumers shift towards herbal tea," reports Reuters.

Rometty "leaves on a recent high note, days after IBM reported its first revenue growth in six quarters, but... the turnaround she began remains a work in progress."

"L Brands Inc. is in discussions with Sycamore Partners, a private-equity firm that has scooped up several troubled apparel brands," according to "WSJ."

Singer's previous gigs were a not-very-successful two years as CEO of Victoria's Secret, 22 months as Spanx CEO, and 10 years leading Nike footwear, apparel teams.

Martin Shkreli, now spending his time in federal prison for securities fraud, is facing new charges of price fixing for the drug Daraprim.

Christensen pioneered the idea of disruptive innovation: "new, cheaper and seemingly inferior ideas in business and technology have potential to create entirely new markets."

Insys Therapeutics executives received prison terms for orchestrating a criminal conspiracy to bribe doctors to prescribe Subsys, a highly addictive oral fentanyl spray.