Rite Aid Corp. resolved a fight with its largest supplier of prescription drugs, McKesson Corp., that the retailer said threatened its ability to continue providing customers with life saving medicines and imperiled its ability to survive bankruptcy.
Donald Trump claims the banks he’s accused of misleading were happy to work with him, and to prove it during the civil fraud trail against him, the former president said he’ll show off in court the awards he got for successful business transactions.
Nishad Singh, the former director of engineering at FTX, faces cross-examination at the Sam Bankman-Fried trial Tuesday.
A major oil-industry conference in London saw a day of disruption as hundreds of climate protesters blocked entrances, before police eventually reopened access to the event.
The scramble is on for companies that want to go public and sidestep the fallout from a potential US government shutdown.
Stocks retreated, while Treasury yields climbed after solid economic reports reinforced the case for the Federal Reserve to keep interest rates higher for longer.
Environmentalist Bill McKibben, who galvanized public efforts to block the Keystone XL oil pipeline, is now pushing to do the same thing to stop construction of huge liquefied natural gas export terminals along the US Gulf Coast.
Mexico has been conducting its annual oil-export hedging program, one of the crude market’s largest such undertakings, according to people with knowledge of the transactions.
Wyndham Hotels & Resorts Inc. called Choice Hotels International Inc.’s takeover offer “underwhelming,” rejecting a proposal that would create a budget hotel behemoth.
General Motors Co. will delay the opening of its second electric-truck plant in Michigan to preserve capital amid a slowdown in sales growth for electric vehicles.
