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Business
U.S. Steel appoints three American board directors after Nippon deal
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U.S. Steel said it had appointed three American directors to its board, more than a month after Nippon Steel closed its $14.9-billion acquisition of t...
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Union Pacific to reshape US freight rail with $85 billion deal for Norfolk
Union Pacific said it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator.
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S&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal week
The S&P 500 and the Nasdaq opened at record highs, while the Dow was on the cusp of that as optimism from a U.S.-EU trade pact set the stage for a...
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US clears way for $8 billion Paramount-Skydance merger
The deal will put well-known entertainment properties including CBS, Paramount, and Nickelodeon under the ownership of tech scion David Ellison.
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US oil producer Continental Resources drops fraud lawsuit against rival Hess
Continental Resources has dropped a lawsuit against rival Hess, which alleged it was defrauded out of up to $69 million through a series of deals the ...
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Coca-Cola to roll out US cane-sugar Coke; zero-calorie drinks, higher prices drive beat
Coca-Cola laid out plans to launch a new product made with cane sugar on resilient demand for zero-calorie drinks as well as higher prices.
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US SEC would set up guardrails for private investments in retirement plans, chairman says
Private firms do not have the same level of required disclosures as public companies and are prone to valuation issues.
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Chevron closes Hess acquisition after winning Exxon legal battle
Chevron closed its $55 billion acquisition of Hess after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the larges...
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US retail sales beat expectations in June
Retail sales rebounded more than expected in June, but some of the increase likely reflected higher prices for some goods exposed to tariffs.
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Diageo CEO Crew steps down as company pursues turnaround, cost cuts
Shares in the maker of Johnnie Walker whisky and Guinness beer rose as much as 4.5% after the Financial Times first reported the news.
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US senator says United, JetBlue partnership could harm competition
Richard Blumenthal said a proposed partnership between United Airlines and smaller JetBlue could lead to fewer and more expensive options for consumer...
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Froot Loops maker WK Kellogg agrees to $3.1 billion deal from Italy’s Ferrero
The deal, which is Ferrero's biggest acquisition in recent years, brings legacy brands such as Nutella, Kinder, Tic Tac, Frosted Flakes, Froot Loops a...
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Del Monte Foods seeks buyer as it initiates US bankruptcy proceedings
Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy under an agreement with certain key lenders.
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Lululemon sues Costco for allegedly ripping off clothing designs
Lululemon sued Costco in California federal court, alleging that the wholesaler sells "knockoff" sweatshirts, jackets and pants that unlawfully copy i...
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US Supreme Court to review billion-dollar Cox Communications copyright case
The justices took up Cox's appeal of the lower court's decision that it was still liable for copyright infringement by users of its internet service d...
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