$14 Billion Deal to Create Mega-Pipeline Company
The major energy deal will combine Oneok and Magellan, forming the second-largest U.S.-based pipeline company by stock-market value.
The World’s Biggest Gold Miner Bets Big on Copper
Newmont’s $17.5 billion recommended takeover of Australia’s Newcrest boosts its exposure to a key metal in the energy transition.
Parts Maker Rejects Demand to Recall Air-Bag Inflators Regulators Call Unsafe
The NHTSA says inflators have been linked to explosions and fatalities, but the manufacturer disagrees.
Activist Shareholder Plans Proxy Battle at Shake Shack
Engaged Capital seeks three seats on burger chain’s board and has 6.6% stake.
Aristocrat Agrees to Pay $1.2 Billion for Nasdaq-Listed NeoGames
Australian gaming technology developer Aristocrat Leisure agreed to pay $1.2 billion for Nasdaq-listed NeoGames.
Abortion Bans Can Help Make This Cheap, Accessible Birth Control Pill a Hit
The FDA’s potential approval of an over-the-counter oral contraceptive could mean a huge market for generic drugmaker Perrigo.
Exxon Goes Lean With End of ‘God Pod’ Era
The oil company’s top management will inhabit a less-lavish executive suite at its glass-dominated campus near Houston.
JPMorgan Accused by GOP States of Religious Bias
The nation’s largest bank is rebutting the claims of Republican attorneys general and treasurers, who say the bank mistreats people of faith.
Regional Banks Can’t Catch a Break
Even as some key indicators stabilize for midsize lenders, their shares remain under pressure.
Rolls-Royce CEO Embarks on ‘Last Chance’ Overhaul at Jet-Engine Maker
Tufan Erginbilgic has replaced senior management and is renegotiating billions of dollars in contracts. He says there is more work to be done.
Source: Dow Jones Newswires