Ownership changes

July 27, 2018 - 6:31 am
LONDON (AP) — Energy producer BP has bought BHP Billiton's shale oil and gas assets in the U.S. for $10.5 billion in a deal that will give it access to the fast-growing shale industry. CEO Bob Dudley described the deal as a "transformational acquisition." The company says the agreement will bring...
Read More
In this April 27, 2017, photo, a staff member talks with a visitor at a display booth for Qualcomm at the Global Mobile Internet Conference (GMIC) in Beijing. China's government said Friday, July 27, 2018, that tech giant Qualcomm Inc. failed to resolve anti-monopoly regulators' concerns about its proposed takeover of NXP Semiconductors in a case seen as a possible victim of U.S.-Chinese trade tensions. (AP Photo/Mark Schiefelbein)
July 27, 2018 - 12:40 am
BEIJING (AP) — Qualcomm Inc. failed to resolve China's anti-monopoly concerns about its proposed acquisition of NXP Semiconductors, the government said Friday, in a case analysts warned would worsen escalating U.S.-Chinese tensions over technology. The State Administration for Market Regulation's...
Read More
In this Jan. 23, 2013 photo, trailers line up at the loading docks at the Supervalu distribution center in Hopkins, Minn. United Natural Foods is buying Supervalu for $1.26 billion, creating a grocery food wholesaler with a diverse customer base. United Natural Foods of Providence, R.I., said Thursday, July 26, 2018, it's paying $32.50 per share in cash, or a premium of 67 percent, for each share of Supervalu Inc. Including the assumption of debt, the deal is valued at nearly $3 billion. (David Joles/Star Tribune via AP)
July 26, 2018 - 1:40 pm
United Natural Foods is buying Supervalu for $1.26 billion, creating a grocery food wholesaler with a diverse customer base. United Natural Foods of Providence, Rhode Island, said Thursday it's paying $32.50 per share in cash, or a premium of 67 percent, for each share of Supervalu Inc. Including...
Read More
FILE - In this Oct. 19, 2017 file photo, Puerto Rico Electric Power Authority workers repair distribution lines damaged by Hurricane Maria in the Cantera community of San Juan, Puerto Rico. Federal lawmakers demand Wednesday, July 25, 2018 that Puerto Rico quickly privatize its bankrupt power company in a bid to end its turmoil and allow others to provide stable electricity in the aftermath of Hurricane Maria. (AP Photo/Carlos Giusti, File)
July 25, 2018 - 6:42 pm
SAN JUAN, Puerto Rico (AP) — Federal lawmakers demanded Wednesday that Puerto Rico quickly privatize its bankrupt power company in a bid to end its turmoil and allow others to provide stable electricity in the aftermath of Hurricane Maria. Frustration grew as consultants and local and federal...
Read More
FILE - In this Oct. 14, 2009 file photo, Necco Wafers are displayed in Boston. The owner of a company that makes candies such as Necco wafers and Sweethearts has unexpectedly shut down operations at its Massachusetts plant. The Boston Globe reported Round Hill Investments LLC announced Tuesday, July 24, 2018, it is selling Necco brands to another confection manufacturer and closing down its Revere plant. (AP Photo/Charles Krupa, File)
July 25, 2018 - 12:09 pm
REVERE, Mass. (AP) — The owner of the company behind chalky, colorful confections such as Necco Wafers and Sweethearts has unexpectedly shut down operations at its Massachusetts plant and hasn't said if candy production will resume. The Boston Globe reports Round Hill Investments LLC announced...
Read More
FILE - In this Jan. 14, 2015, file photo, movie director James Cameron talks to reporters at an event in Wellington, New Zealand. Filmmaker Cameron is backing a bid announced Tuesday July 24, 2018, by a group of British museums to raise US dollars 20 million (15 million pounds) to buy 5,500 Titanic artefacts from the private American company that salvaged them from the wreck of the passenger liner RMS Titanic.(AP Photo/Nick Perry, File)
July 24, 2018 - 11:08 am
LONDON (AP) — Filmmaker James Cameron and Titanic discoverer Robert Ballard are backing a bid by a group of British museums to acquire a collection of 5,500 artifacts from the sunken vessel. The campaign announced Tuesday aims to raise $20 million (15 million pounds) to buy the items from a private...
Read More