Kroger fights antitrust case as lacking 'real-world' facts
Kroger wants a federal judge to dismiss a lawsuit acting as an obstacle to its intended merger with Albertsons, arguing that antitrust grounds do not exists.
Musk on buying Twitter: 'Painful' but necessary
Twitter CEO Elon Musk was interviewed by the BBC late Tuesday about his ownership of the online platform, including layoffs, misinformation, and his work style.
Carrier plots separation of fire unit
Carrier Global’s fire and security business, which it intends to spin off or sell, accounts for about 17% of company sales, which has slumped alongside new construction.
Citi long-serving M&A chief to retire
Mark Shafir, who most recently served as co-head of Global M&A at Citi, announced his retirement on Tuesday morning, according to a memo, which was distributed internally.
Exxon Mobil, Pioneer rumors spark fracking M&A talk
Exxon Mobil is reportedly in preliminary discussions to acquire Pioneer Natural Resources as part of the oil and natural gas producer’s Permian Basin strategy.
Exxon Mobil eyes potential mega-deal with shale driller Pioneer
Exxon Mobil looks to purchase Pioneer Naturla Resources, a US fracking giant with operations in West Texas' shale fields. Exxon is hoping to deploy its windfall profits.
Paramount explores sale of majority stake in Noggin streaming service
Paramount is thinking of selling Noggin, its streaming and education platform for kids to focus on Paramount+ and Pluto as competition heats up from Netflix and Disney+
Utilities pursue pipeline sales as natural-gas bans catch on
The potential sales come as lawmakers and regulators across the U.S. debate the future of natural gas for home heating and cooking as more towns and cities look to phase it out.
L’Oréal buys skincare company Aēsop in $2.5 billion deal, its biggest acquisition ever
L’Oréal is purchasing luxury skincare brand Aesop from Brazil's Natura & Co in a $2.5 billion deal, marking the French beauty brand's largest takeover.
China’s new tech weapon: Dragging its feet on global merger approvals
China has been increasingly leveraging its merger-review process and antimonopoly rules to advance its national political and economic goals.
AMC, APE shares closer to conversion following settlement
AMC Entertainment Holdings has settled a shareholder lawsuit over its plans to convert the move theater chain's "APE" preferred equity units into shares of common stock.
PublicSq. aims to 'shift the power back to the people with commerce': Michael Seifert
PublicSq. founder and CEO Michael Seifert discusses the platform's mission and users, and gives an update on the conservative company's SPAC deal.
Extra Space Storage to combine with Life Storage in $12.7B deal
A deal between Extra Space and Life Storage would create the largest storage-facility operator in the country by number of locations, according to the companies.
Global deals sink to lowest level in over a decade
Mergers & Acquisitions fell drastically in the first quarter as banking concerns, rising interest rates and inflation took a toll.
Credit Suisse helping rich Americans evade taxes: report
Credit Suisse accused of concealing over $700M from government amid rescue takeover from rival UBS and helping rich Americans evade taxes.
UBS brings back past CEO with Credit Suisse deal ahead
Swiss bank UBS has decided to bring back former CEO Sergio Ermotti to guide the takeover of Credit Suisse. He will take over for current chief executive Ralph Hamers.
Warren Buffett's Occidental end game
According to a filing from the Securities and Exchange Commission, Warren Buffett’s Berkshire Hathaway has upped its stake in Occidental Petroleum.
FDIC gives Signature’s crypto clients account deadline
Customers who had crypto deposits at Signature Bank have been issued a deadline to close the accounts and move their money.
Japanese tech giant Toshiba accepts $15B tender offer
Japanese tech company Toshiba has accepted a tender offer worth $15 billion from Japanese Industrial Partners.
Trucking giant Knight-Swift Transportation to buy U.S. Xpress
The addition of U.S. Xpress’s 7,200 tractors and 14,400 trailers would boost Knight-Swift’s truckload fleet to roughly 25,000 tractors and 93,000 trailers.



















