Chevron closed its $55 billion acquisition of Hess after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.
Read More Chevron closes Hess acquisition after winning Exxon legal battle
Retail sales rebounded more than expected in June, but some of the increase likely reflected higher prices for some goods exposed to tariffs.
Read More US retail sales beat expectations in June
Shares in the maker of Johnnie Walker whisky and Guinness beer rose as much as 4.5% after the Financial Times first reported the news.
Read More Diageo CEO Crew steps down as company pursues turnaround, cost cuts
Richard Blumenthal said a proposed partnership between United Airlines and smaller JetBlue could lead to fewer and more expensive options for consumers.
Read More US senator says United, JetBlue partnership could harm competition
The deal, which is Ferrero’s biggest acquisition in recent years, brings legacy brands such as Nutella, Kinder, Tic Tac, Frosted Flakes, Froot Loops and Special K under one roof.
Read More Froot Loops maker WK Kellogg agrees to $3.1 billion deal from Italy’s Ferrero
Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy under an agreement with certain key lenders.
Read More Del Monte Foods seeks buyer as it initiates US bankruptcy proceedings