Chocolate Maker Ferrero to Buy Kellogg in $3.1 Billion Deal
Kellogg has struggled since the company was split in two, with the snacking business rebranded Kellanova and the cereal brands under WK Kellogg. (Gene J. Puskar/AP/File) Ferrero International SA agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian family-owned candy business further into ...more
Northvolt to Stop Production at End of June Without Buyer
(Mikael Sjoberg/Bloomberg News) Bankrupt battery maker Northvolt AB will stop production at its last remaining factory in northern Sweden at ...more
Oregon, Vermont Halt Zero-Emission Truck Mandates
The moves in both states were welcomed by industry groups. (vitpho/Getty Images) Two states have halted implementation of laws modeled ...more
It’s ‘Crunch Time’ for US Importers Facing Tariff Deadlines
A containership passes under the International Gateway Bridge at the Port of Long Beach. (Tim Rue/Bloomberg) U.S. businesses are under ...more
Senate Clears Way to Block Clean Air Standards in California
At issue are cutting tailpipe emissions from medium- and heavy-duty vehicles and curbing smog-forming nitrogen oxide pollution from trucks. (Matt ...more
Senate Votes to Block Clean Air Standards in California
At issue are cutting tailpipe emissions from medium- and heavy-duty vehicles and curbing smog-forming nitrogen oxide pollution from trucks. (Matt ...more
Trailer Orders Fall 32% Year Over Year in April
A welder on an assembly line at a Stoughton Trailers facility. (Stoughton Trailers) U.S. trailer orders came back down in ...more