New player arrives in US Steel-Nippon takeover saga with the goal of quashing it

An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the…

Suit accuses Pepsi company of price discrimination

The Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price…

US defense contractor to build 4,000-worker advanced manufacturing facility in Ohio

COLUMBUS, Ohio — U.S. defense contractor Anduril Industries is preparing to build a massive advanced manufacturing…

Jack Daniels’ parent Brown-Forman is cutting its workforce and closing its barrel-making plant

LOUISVILLE, Ky. — Spirits giant Brown-Forman Corp. said Tuesday it’s reducing its global workforce by about…

J&J buys Intra-Cellular in $14.6B deal, delving into central nervous system disorders

Johnson & Johnson will spend more than $14 billion to delve further into the treatment of…

Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market

BANGKOK — Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China’s Huawei Technologies are maneuvering…

Biden to decide on US Steel deal after panel fails to reach consensus

WASHINGTON — A powerful government panel on Monday failed to reach consensus on the possible national…

VW wage deal for 120,000 German workers avoids layoffs, plant closures

FRANKFURT, Germany — Volkswagen and its employee representatives said Friday they have reached a wage deal…

Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

Albertsons is giving up on its merger with Kroger a day after it was rejected in…

Omnicom to acquire Interpublic, forming $26Bn ad agency giant in annual revenue

Omnicom is buying Interpublic Group in a stock-for-stock deal that will create the largest ad agency…