California dairy farmers are retrenching amid falling prices and drought in the largest milk-producing state, a shift that could further reshape the U.S. industry by enabling farmers in other states to expand.
Dell and private-equity firm Silver Lake are in advanced talks to buy EMC, a deal that would rank as the biggest technology-industry takeover ever and remove questions about EMC that have hung over the data-storage giant for more than a year.
Bill Gross sued Pimco for breach of contract, alleging that managing directors plotted to drive the famed bond investor out of the firm because of “power, greed, and a desire to improve their own financial position.”
The UAW reached a new tentative contract agreement with Fiat Chrysler, averting a strike that would have idled some, if not all, of the auto maker’s U.S. plants. Local UAW leaders will gather in Detroit on Friday to hear the details of the agreement and share them with members shortly thereafter.