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Updated: 13 min 37 sec ago
The world is no longer at risk of running out of oil or gas for decades ahead with existing technology capable of unlocking so much that global reserves would almost double by 2050 despite booming consumption, oil major BP said on Monday.
In a fender bender? Don't fret, a new technology is revolutionizing how scrap yards, dealerships and auto body repair shops across the country are finding parts quickly and cheaply.
The U.S. dollar spent the month of October in high demand as gold struggled with an identity crisis on whether it’s a commodity or currency, and oil prices remained within a fairly narrow range.
Bristol-Myers Squibb Co. said Monday it has agreed to acquire private biotech company Cardioxyl Pharmaceuticals Inc. for up to $300 million in upfront payments and up to $1.775 billion in milestone payments if certain goals are realized.
Visa Inc. reported on Monday fiscal fourth-quarter earnings of $1.51 billion, or 62 cents a share, up from $1.07 billion, or 43 cents a share, in the same period a year ago, but below the FactSet earnings-per-share consensus of 63 cents.
Coty Inc. said Monday it has agreed to buy the personal care and beauty business of Brazil's Hypermarcas S.A. for about $1 billion in cash.
Private-label food manufacturer TreeHouse Foods said it would buy ConAgra Foods's private brands business for $2.7 billion.
TreeHouse Foods Inc. said Monday it has agreed to acquire ConAgra Foods Inc.'s private brands business for $2.7 billion.
Clorox reported better-than-expected fiscal first-quarter results, buoyed by price increases and volume growth.
Shire PLC said on Monday it is buying biotech company Dyax Corp. for $37.30 in cash per Dyax share, or $5.9 billion.
Hotel, energy and financial services conglomerate Loews reported a 12.5% drop in quarterly profit, hurt by lower revenue at CNA Financial and Diamond Offshore Drilling.
Payments giant Visa Inc. has reached a deal to acquire Visa Europe Ltd., the companies said in a news release Monday.
British drugmaker Shiresaid it would buy Dyax for about $5.9 billion to gain access to the drug developer's late-stage treatment for a severe breathing difficulty.
Visa said it would acquire Visa Europe for 16.5 billion euros ($18.19 billion), with the potential for an additional payment of up to 4.7 billion euros.
Chipotle Mexican Grill said it had closed all its restaurants in two West Coast markets due to a reported outbreak of E. coli bacteria.
HSBC reported a better than expected 32% rise in pretax profit for the third quarter, thanks to reduced costs from fines and settlements with regulators.
U.S. crude prices fell as analysts expected weaker demand from China in upcoming months, but firming Japanese economic data offered some support.