Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion
The deal expands the pharmaceutical company’s portfolio of cancer drugs.
Nelson Peltz Boosts Stake, Seeks Board Seats at Disney
The activist’s Trian Fund Management has accumulated stake worth more than $2.5 billion to become one of the entertainment giant’s top holders.
Citi to Sell China Consumer Wealth Portfolio to HSBC
Citigroup will sell its onshore consumer wealth portfolio in China to HSBC as the U.S. bank continues to leave consumer banking across parts of Asia.
China Evergrande New Energy Vehicle Investor Casts Doubt on Investment
Ongoing troubles at beleaguered property developer China Evergrande have cast a shadow over Nasdaq-listed NWTN’s investment in its electric-vehicle unit.
Fonterra Raises 2023/2024 Farmgate Milk Price Forecast
Fonterra Co-operative Group raised its farmgate milk prices forecast, citing an improvement in the outlook for dairy supply and demand.
Meatpacking Plant Closures Cut Deep for Small-Town Economies
Tyson Foods and other meat processors are closing plants amid high costs and falling demand, spelling economic turbulence for the communities where the plants are major employers.
UAW Talks Turn to Key Battleground: Jobs at Future Battery Plants
Automotive workers union says it scored a victory with General Motors on battery plants, but gaps with other companies remain.
Home Depot Tracked a Crime Ring and Found an Unusual Suspect
Law-enforcement personnel and retailers put more resources toward investigating resale operations that they say are built on stolen goods.
The Oil Patch Is Primed for an Era of Megadeals
A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own.
Exxon Mobil’s top shale exec arrested on sexual assault charge in Texas
David Scott, the head of Exxon Mobil Co.’s shale oil and gas production business, has been arrested in Texas and faces a sexual assault charge.
Source: Dow Jones Newswires