Commerce to Overhaul 'Internet for All' Plan, Expanding Starlink Funding Prospects
The agency plans changes that will make Elon Musk's satellite-internet service eligible for more rural broadband funding.
Goldman Sachs to Target Vice Presidents in Next Round of Cuts
Employees likely to be laid off in annual culling were given hints in the form of small bonuses.
U.S. Revokes Chevron License to Pump Venezuelan Oil
The Treasury Department said the oil company has 30 days to wind down operations in the country.
Best Buy Warns of Higher Prices as New Round of Tariffs Takes Effect
The consumer-electronics store chain said U.S. consumers are likely to face higher prices as vendors throughout its supply chain work through the impact of the latest set of tariffs.
Honeywell's Transformation Continues With $2.2 Billion Deal for Pump Maker
The company is buying Sundyne from private-equity firm Warburg Pincus.
Target Warns That Tariffs and Consumer Uncertainty Will Hurt Profit
The retailer said sales fell in February and profit will be pressured in the current quarter.
BlackRock Strikes $23 Billion Deal for Ports on Both Sides of Panama Canal
President Trump wanted the U.S. to retake the Panama Canal. A deal struck by BlackRock will give American investors control of ports on either end of the vital trade route, though not oversight of the canal itself.
Adnoc, OMV Reach Deal to Form $60 Billion Petrochemical Giant
Abu Dhabi's Adnoc and Austria's OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada's Nova Chemicals to form a giant with a combined value of about $60 billion.
Founding Family of 7-Eleven Chain Says Buyout Proposal Scrapped
Seven & i Holdings' founding family said it found it difficult to secure enough financing in a short time.
Kraft Heinz Dips a Toe Into Booze
Kraft Heinz, America's famed ketchup and bologna seller, is hoping you'll buy its vodka seltzers too.
(END) Dow Jones Newswires
March 04, 2025 15:00 ET (20:00 GMT)
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