Arch Resources and Consol Energy have agreed to combine in an all-stock merger of equals to create a new $5.2 billion entity called Core Natural […]
Category: Business
McDonald’s to Invest $1.30 Billion in U.K., Ireland Over Next 4 Years
The company said it plans to open more than 200 new stores plans to upgrade and reimagine over 1,500 existing restaurants in the U.K. and […]
U.S. Crude Oil Stockpiles Fall More Than Expected
U.S. crude oil inventories dropped more than expected last week as refineries increased their capacity use, according to data released by the U.S. Energy Information […]
Discount-Hungry Shoppers Propel Sales Gains for Target, T.J. Maxx
Retailers say shoppers are resilient and hunting for deals.
Vector Group to Sell Itself to JT Group in $2.4 Billion Deal
Tobacco company Vector Group has agreed to be acquired by Japan-based tobacco giant JT Group in a deal worth $2.4 billion.
Edgar Bronfman Raises Offer for National Amusements, Paramount Stake to $6 Billion
The bid gives non-Redstone and nonvoting Paramount shareholders an option to sell shares at a premium.
TD Bank Sets Aside $2.6 Billion for Possible U.S. Anti-Money Laundering Penalties
The Wall Street Journal previously reported that the Justice Department’s investigation into the bank was focused on how Chinese crime groups and drug traffickers used […]
Mike Lynch: The ‘British Bill Gates’ Who Loathed Silicon Valley
The software company founder who was recently cleared of fraud accusations is missing after a storm capsized the yacht he was on.
Eli Lilly Says Weight-Loss Drug Sharply Reduces Diabetes Progression
Eli Lilly said preliminary data from a late-stage study showed its weight-loss drug significantly reduced the risk of progression to type 2 diabetes among adults […]
XPeng Loss Narrows on Higher Sales
XPeng’s second-quarter net loss narrowed on stronger sales, higher revenue from its collaboration with Volkswagen and improved margins.