3M Board Approves $6 Billion Earplug Settlement
Payments are expected to be paid out over multiple years, and the total is substantially less than some analysts expected.
Chevron Workers in Australia Set Date for Work Bans, Stoppages
The walkout threats bring concerns of a sudden drop in liquefied natural gas exports, disruptions to global gas supplies.
Manufacturers Leaving China Find a Home With Indian Startups
India is looking to build up its factory base, and venture-capital investors are noticing.
BYD’s First-Half Profit Soared on Strong Sales
Vehicle sales nearly doubled, keeping BYD’s global No. 1 ranking in electric-vehicle sales.
Zip Co. Has No Plans to Follow Peers on Delisting Path, CEO Says
EXCLUSIVE: Zip Co. has no plans to change its ownership model despite the steep decline in valuations of buy-now-pay-later providers and the departure of several peers from the Australian share market.
Minerva Foods Plans $1.54 Billion Acquisition in South America
Minerva Foods plans to acquire cattle-slaughtering and deboning plants in South America from one of Brazil’s largest food-processing companies, Marfrig Global Foods, for $1.54 billion.
Star Entertainment Reports Annual Loss Amid Casino Impairments
Star Entertainment tumbled to an annual loss of$1.57 billion as the Australian casino operator impaired assets and set aside cash for its continuing regulatory travails.
Hedge Fund MFN Pushes for Equity Voice in Yellow’s Bankruptcy
Yellow says it welcomes input from MFN, the collapsed trucker’s biggest shareholder.
Hawaiian Electric Denies Causing Lahaina Fire
The local utility blamed firefighters for an inadequate response, in a public response to a lawsuit filed last week by Maui County blaming it for the blaze.
American Airlines Fined $4.1 Million for Keeping Fliers on Planes Too Long
The U.S. penalty is the largest ever for tarmac delays, which the airline attributed to “exceptional weather events.”
Source: Dow Jones Newswires