Shoppers will no longer be able to buy Whirlpool, KitchenAid or Maytag appliances at Sears, following a pricing dispute that has ended a 101-year relationship between the department store chain and the country’s largest appliance maker.
Violations of the federal Clean Air Act can lead to hefty fines, and even heftier spending on improvement plans, as ExxonMobil was reminded last week: The company settled with the Department of Justice, the EPA and the Louisiana Department of Environmental Quality for a civil fine of $2.5m and an agreement to spend approximately $300m on air pollution improvements.
Agricultural conglomerate Cargill Inc. aims to harness the technology underlying bitcoin to let shoppers trace their turkeys from the store to the farm that raised them.
Rabobank NA is launching with the United Nations $1bn in financing for farmers to transition to more sustainable practices as food companies and consumers are demanding more supply chain transparency.
Traders, prepare to adapt. Wall Street is entering a new era. The fraternity of bond jockeys, derivatives mavens and stock pickers who've long personified the industry are giving way to algorithms, and soon, artificial intelligence.
In a remarkable initiative modeled on the campaign against AIDS in Africa, two major pharmaceutical companies, working with the American Cancer Society, will steeply discount the prices of cancer medicines in Africa.
Ashit Mehta was stunned. Without notice, the representatives of Dutch bank ABN Amro marched into the offices of his global diamond empire, confiscated $150m of rocks, locked them in a vault and left with the key.
A $140bn total crypto market cap. Goldman Sachs considering trading Bitcoin. Celebs launching tokens. Fidelity mining cryptocurrencies. Even North Korea mining them.