Daimler will invest $500 million to build a Mercedes-Benz factory in South Carolina after state officials promised tens of millions of dollars in grants, property tax abatements and training support for the plant.
The labor dispute that caused months of gridlock at West Coast ports may be over, but the disruption is expected to redraw the trade routes goods follow, as they journey to U.S. factories and store shelves.
Japanese convenience-store operator Family Mart Co. is in talks with UNY Group over a possible merger, in a deal that would create the second-biggest convenience store chain in Japan by sales, people familiar with the matter said.
Thousands of customers whose investments in Espírito Santo commercial paper were wiped out were promised reimbursement by the conglomerate’s bailed-out banking unit. But the unit has backtracked on that vow.