Pilot Freight Services said it had sold a controlling stake to two investment groups and TTS LLC and Sunteck Transport Group announced they will combine, ending a hiatus in deals.
Russia’s PAO Gazprom and the European Union’s competition watchdog announced they will attempt to settle a longstanding antitrust case.
Apple shares fell Wednesday as the company’s outlook for the holiday quarter didn’t satisfy investors’s heightened expectations.
A sharp pullback in spending by cities and states on infrastructure—from highways to sewage systems to police stations—is hurting economic growth.
Tesla Motors’ third-quarter results aren’t as strong as they seem.
Texas Instruments said profit shot up 21% in the latest quarter as continued strong demand in the automotive and industrial sectors helped the chip maker report results just above its forecast.
Apple is delaying the shipment of its AirPod wireless headphones, saying it needs more time to deliver the product to consumers. The $159 headphones had been expected to ship by the end of October.
Tesla Motors Inc. posted the second quarterly profit in its history as a public company, as the auto maker had its best sales period on record, helped by the new Model X sport-utility vehicle.
Groupon agreed to buy fellow daily-deals provider LivingSocial, uniting two top names in a sector that has experienced some turmoil.
Oil and gas companies are cutting their exploration budgets and shifting away from expensive, high-risk exploration. World-wide, oil-exploration spending last year was the lowest since 2007.