Coal Miners Arch, Consol Agree to Merger of Equals
Arch Resources and Consol Energy have agreed to combine in an all-stock merger of equals to create a new entity called Core […]
Tech, Media & Telecom Roundup: Market Talk
Find insight on Informa and Ascential, Palo Alto Networks and more in the latest Market Talks covering the Tech, Media & Telecom […]
Target Pulls Out of a Sales Rut. Macy’s Doesn’t.
Target is giving a lukewarm outlook for the year, saying consumers are cautious, while Macy’s reported another quarter of shrinking sales.
Luxury Brands Have a Strict Hierarchy. Burberry Found Out the Hard Way.
The British label’s seven-year push to attract wealthier shoppers has failed and left it with a threadbare share price.
Vector Group to Sell Itself to JT Group in $2.4B Deal
Vector Group has agreed to Japan-based JT Group acquiring it in a deal worth $2.4 billion in equity value.
ON Semiconductor Looks to Bolster Supply Chain to Shield Against Rise of Chinese Chip Makers
The manufacturer of power chips and sensors used in electric vehicles recently unveiled plans for a new $2 billion plant in the […]
Tough U.S. Sanctions Packages Are Here to Stay—Whether It’s Harris or Trump
The next occupant of the Oval Office will inherit a powerful and popular sanctions apparatus, though some questions remain about its likely […]
Secondary Buyers Seek Greater Control Over Investment Terms
Rather than being passive providers of capital, more secondary buyers are looking at ways to influence the governance of investments they back.
Democrats’ Upbeat Convention Has Nancy Pelosi to Thank
The former House speaker wins credit from many Democrats for infusing their party with renewed optimism by working to pressure President Biden […]
China Launches Anti-Subsidy Investigation Into EU Dairy Imports
China has launched an antisubsidy investigation into dairy imports from the European Union, marking the latest escalation in trade tensions between the […]
Oil Prices Under Pressure on Ceasefire Talks, Persistent Demand Worries
Oil prices slipped, as hopes of a ceasefire between Israel and Hamas weighed, along with lingering demand concerns, ING said.
Indonesia’s Central Bank Holds Rates Steady
Indonesia’s central bank kept interest rates on hold for a fourth straight meeting, declining to join some of its Asian peers who […]