Gold miner Newmont Corp said on Monday it has received clearance from Australia’s Foreign Investment Review Board to proceed with its proposed A$26.2 billion ($16.86 billion)takeover of Australia’s Newcrest Mining .
The United Auto Workers strike against the Detroit Three automakers enters its fourth day on Monday as both sides try to hammer out deals to avoid costly disruptions to more plants.
Cadence Bank CEO Dan Rollins calls the regional banking crisis from earlier this year “March madness.” Six months on, the craziness has abated, but the industry is scarred and still dealing with its consequences.
Futures tracking Wall Street’s main indexes edged higher on Monday ahead of a widely expected pause in U.S. interest rate hikes by the Federal Reserve later this week.
A clutch of delivery company startups is racing to serve the growing market for offering zero-emission, electric last-mile deliveries in cities to retailers and consumers before giant shippers do the same.
U.S. Federal Reserve officials, who have tentatively embraced the possibility they can squelch inflation without a recession, meet this week with an autoworkers strike, a possible federal government shutdown, and a student loan squeeze on consumers posing new risks to that best-case outcome.
Diego Labat, Uruguay’s central bank chief, is sitting pretty. Inflation is at the lowest level in nearly two decades, the currency is one of the region’s strongest, and the country is leading a regional pivot towards interest rate easing.
The state of California has sued major oil companies including Exxon Mobil Corp , Shell PLC , and Chevron Corp , accusing them of playing down the risks posed by fossil fuels, according to a court filing on Friday.
