LEADERSHIP
Kroger, Albertsons Agree to Pause Merger as FTC, State Challenges Proceed
Deal between the two grocery-store operators has faced regulatory scrutiny since it was announced in October 2022.
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PepsiCo, After Years of Price Hikes, Sounds an Alarm on Consumer Spending
Sales volume for PepsiCo’s Frito-Lay North America business dropped 4% in the latest quarter.
Honeywell Strikes $1.8 Billion Deal for Liquefied Natural Gas Business
Honeywell will buy the Air Products unit in its fourth acquisition in recent months as natural-gas demand grows.
Devon Energy Nabs Williston Basin Driller in $5B Deal
Devon Energy has agreed to acquire Grayson Mill Energy, a oil-and-gas producer in the Williston Basin, in a cash-and-stock deal…
Paramount Global, Skydance Agree to Merger
David Ellison’s production company would buy Shari Redstone’s National Amusements, Paramount’s controlling shareholder, as part of the deal.
Samsung Electronics Expects Surge in Second-Quarter Profit
The South Korean tech giant forecast a surge in second-quarter earnings, suggesting that its flagship semiconductor business sustained a strong…
Netflix, Disney Ask Canada Appeal Court to Stop Proposed Tax on Streaming Revenue
Netflix, Walt Disney, and other U.S. streaming companies have asked a Canadian court to stop plans by authorities to force…
Canada Approves Glencore-Led Deal for Teck Coal Assets
Canada approved a Glencore-led $9 billion deal to acquire coal assets from Teck Resources, after officials secured commitments from both…
Skydance Media's Deal to Buy Shari Redstone's Family Company Is Back On
Skydance would pay $1.75 billion for National Amusements under the preliminary deal.