Shale CEO calls out industry for Permian Basin gas flaring
Pioneer Natural Resources Chief Executive Scott Sheffield on Tuesday called on producers in the top U.S. shale field to limit natural gas flaring and monitor...
FCC releases order approving Sprint, T-Mobile merger, vote was along party lines
The Federal Communications Commission on Tuesday released its order approving T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Corp in a vote split along...
U.S. Justice Department to announce procurement collusion ‘strike force’
The Justice Department is set to announce a strike force aimed at identifying and prosecuting companies that fix prices or collude to push up the...
Exclusive: Walgreens has explored taking drug store chain private – sources
Walgreens Boots Alliance Inc has been exploring whether to go private following private equity interest in the U.S drug store chain, according to people familiar...
Peloton feels the burn as post-IPO results point to more losses
Shares in exercise bike fitness startup Peloton Interactive sank 7% on Tuesday as the newly listed firm forecast a loss for fiscal 2020 and said...
U.S. SEC proposes rules that could limit shareholder voices
Wall Street’s top regulator on Tuesday proposed a pair of long-awaited rules that would set new limits on shareholders’ ability to call for corporate changes...
Struggling Norwegian Air to sell more shares, launch bond issue
Norwegian Air plans to raise up to $316 million through its third share sale in two years and a bond issue to meet the struggling...
Mylan shares slide after warning of hit to revenue
Generic drugmaker Mylan NV said on Tuesday reevaluation of its portfolio of medicines will continue next year and cautioned of a hit to revenue, and...
European factories at risk in Peugeot-Fiat merger
Fiat Chrysler and Peugeot owner PSA’s pledge not to close factories if they merge is likely to come under heavy strain as the combined group...
Wall Street’s trade-fueled record run pauses
The three main U.S. indexes took a breather on Tuesday after expectations of a U.S.-China trade deal propelled them to record highs in the previous...