Tyson Foods surpassed Wall Street expectations for second-quarter profit on Monday, as it begins to reap the benefits of shutting some chicken processing plants to reduce costs.
Allete said on Monday a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners would acquire the U.S. utility for $6.2 billion, including debt.
Colombia’s majority state-owned energy company Ecopetrol is analyzing its potential direct participation in the Andean country’s first-ever offshore wind auction, the company said in a statement to Reuters.
Loews Corp on Monday reported a near 22% jump in first-quarter profit compared with the previous year, helped by higher premiums and strong returns on its investments.
U.S. stock index futures edged higher on Monday, pointing to more gains on Wall Street after a jobs data-led rally in the previous session, as traders priced in a higher chance of the Federal Reserve cutting interest rates this year.
The top Massachusetts court on Monday is set to consider whether the state’s voters will get to decide two ballot proposals in November that would redefine the relationship between app-based companies like Uber Technologies and Lyft and their drivers – one backed by industry and the other by labor.
An upcoming shareholder vote at Denny’s Corp could pressure the company to set targets for reducing its use of pork from suppliers that keep pregnant pigs in tight confinement, called gestation crates.
When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway , he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss.
Warren Buffett, the 93-year-old billionaire chief of Berkshire Hathaway, mulled his future in telling shareholders on Saturday that if he were lucky, he would have another six or seven years but added that “it could end tomorrow.”
