Mergers and Acquisitions

Google's robotic car spin-off Waymo is poised to become the first to test fully driverless vehicles on California's public roads.

Chesapeake Energy Corp. plans to acquire Houston-based WildHorse Research Development Corp. in a nearly $4 billion deal.

The European Union's anti-trust watchdog is launching a probe into a planned joint venture by German steelmaker Thyssenkrupp and India's Tata Steel, saying it might reduce competition.

Minnesota-based Cordillera Communications is selling all 16 of its television stations, including nine in Montana.

IBM says it will acquire North Carolina-based open-source software company Red Hat in a $34 billion stock deal.

Under the deal, IBM will acquire all of the issued and outstanding common shares of Red Hat for $190 per share in cash.

A Norwegian pension fund is doubling down on its criticism of German utility firm RWE over the power company's long-term plans to use coal.

French dairy company Lactalis has denied claims made by an investigative newspaper that it sold 8,000 tons of milk powder potentially contaminated with salmonella.

The Jacobs Engineering Group has announced plans to sell its energy, chemicals and resources unit to Australia-based WorleyParsons Limited for $3.3 billion.

The parent company of MoviePass says that it plans to spin off the discount movie ticket subscription service into a separate public company.

J&J already owns nearly 20 percent of the company.

U.S. President Donald Trump wants to rip up the rulebook for global trade.

The newly formed Magneti Marelli CK Holdings is likely to cut costs through synergies and expand its customer base as components makers try to keep up with a shift by carmakers into autonomous driving, connected cars and electric vehicles.

Fiat Chrysler Automobiles has announced the sale of its auto components division to Japanese automotive component supplier Calsoni Kansei Corporation in a deal valued at 6.2 billion euros ($7 billion).

Starbucks is restructuring its European operations after several years of slowing sales.

Spanish police have arrested a former Venezuelan official and an exiled opposition leader's relative and seized more than 115 properties in a money-laundering investigation into a ring that allegedly bought real estate in Spain with illicit funds from Venezuela.

The Swiss healthcare company is paying 24 dollars per share in cash for Endocyte.

Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses.

Defense contractors Harris Corp. and L3 Technologies are combining to form one of the world's largest defense companies.