New U.S. Energy Secretary Ernest Moniz raised the possibility of delaying further approvals for companies to export natural gas, saying he wants to review whether government studies of the issue are adequate.
With over 1,000 stores, J.C. Penney has long been viewed as a possible real-estate play, an idea is taking on new significance this week as Penney is expected to complete a deal to borrow $2.25 billion from investors.
The Irish government denied it is sheltering some of the world's largest corporations, such as Apple, from paying taxes, saying the country's long-standing low corporation tax regime is transparent and doesn't make it a tax haven.
Philip Morris International has agreed to buy the 20% that it doesn't already own in its Mexican tobacco business for about $700 million. The stake is currently held by Grupo Carso SAB, a conglomerate founded by Carlos Slim.