Business – Page 482 – Freedom 96.9

Exclusive-Tesla in talks with Chinese firms to buy $2.9 billion worth of solar equipment, sources say

Friday, March 20 by SRN News

March 20 (Reuters) - Tesla is looking to buy equipment worth $2.9 billion for manufacturing solar panels and cells from Chinese suppliers including Suzhou Maxwell Technologies, two people familiar with the matter said, as CEO Elon Musk aims to add 100 gigawatts of solar... Read More.

Unilever in talks to combine food business with McCormick, WSJ reports

Friday, March 20 by SRN News

March 19 (Reuters) - Unilever is in talks to separate its food business and combine it with spice maker McCormick in an all-stock deal which could come within weeks, the Wall Street Journal reported on Thursday, citing sources. Reuters could not immediately verify the report.... Read More.

Locked out BP workers picket outside Indiana refinery amid labor contract dispute

Thursday, March 19 by SRN News

By Nicole Jao NEW YORK, March 19 (Reuters) - Workers at BP's Whiting, Indiana, refinery began picketing on Thursday after the British oil major barred more than 800 union members from entering the facility, following months of stalled contract negotiations. The labor dispute at Whiting, the... Read More.

Nexstar’s $3.5 billion Tegna deal cleared by US DOJ, Bloomberg News reports

Thursday, March 19 by SRN News

March 19 (Reuters) - The U.S. Department of Justice has unconditionally cleared Nexstar's $3.5 billion deal to acquire rival Tegna, Bloomberg News reported on Thursday, citing people familiar with the matter. The report comes a day after a group of eight states filed a suit... Read More.

High-speed combat drone production starts at new US Anduril plant in days

Thursday, March 19 by SRN News

By Mike Stone COLUMBUS, Ohio, March 19 (Reuters) - Anduril Industries will begin building its new FURY, "loyal wingman," high-speed combat drones in the coming days at a new facility in Ohio, as the U.S. military's interest in unmanned aircraft surges following battlefield successes in... Read More.

US SEC forming new team to police accounting issues

Thursday, March 19 by SRN News

(In paragraph 2, corrects description of PCAOB) By Douglas Gillison and Chris Prentice WASHINGTON, March 19 (Reuters) - Wall Street's top regulator is forming a new enforcement unit for accounting matters while cutting staff at an outside watchdog formed to police the accounting industry in the... Read More.

Apollo Global commits $1 billion for retail venture with commercial REIT Realty Income

Thursday, March 19 by SRN News

March 19 (Reuters) - Commercial real estate investment trust Realty Income said on Thursday asset manager Apollo Global Management and affiliates intend to provide a $1 billion investment to acquire a 49% interest in a new joint venture that is expected to own a... Read More.

FedEx forecasts upbeat fiscal 2026 profit after solid holiday quarter, shares rise

Thursday, March 19 by SRN News

By Lisa Baertlein and Abhinav Parmar March 19 (Reuters) - FedEx, known for its air-dependent overnight deliveries, on Thursday raised its full-year profit forecast as it reported third-quarter profit and revenue above Wall Street estimates, helped by a surge in deliveries during the all-important holiday... Read More.

NTSB investigating close call between FedEx, Alaska Airlines jets

Thursday, March 19 by SRN News

March 19 (Reuters) - The National Transportation Safety Board said on Thursday it is investigating a close call in which an Alaska Airlines flight overflew a FedEx airplane while both jets were attempting to land on crossing runways at Newark Liberty International Airport. The Federal... Read More.

Live Nation CEO Michael Rapino, defending his company, takes star role at antitrust trial

Thursday, March 19 by SRN News

NEW YORK (AP) - Live Nation Entertainment's longtime chief executive was the star witness at a New York antitrust trial Thursday, defending the dominant position his company has taken over the last two decades as a lawyer for nearly three dozen states tried to... Read More.

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