US Business

The workforce will be reduced by 40% through job cuts, outsourcing and business sales. There are 27,000 jobs in production and administration.

Oneok shares will be used to acquire all of the outstanding publicly held units of EnLink Midstream for $4.3 billion.

Chains attract bargain seekers, but, as one customer says, “I get the deal that I want, and that’s usually all.”

SG’s stock jumped 20% on the announcement, which came five weeks after the company reiterated guidance for an annual underlying profit of between A$88 million and A$95 million.

Texas Gigafactory ran afoul of environmental overseers; a faulty furnace door and hazardous wastewater.

Companies say shoppers are still buying, but they want a deal.

Fans clad in pink and green flocked to the musical’s film adaptation. “Gladiator II” pulled in audiences eager to see Colosseum brawls.

Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant battery makers.

CEO Hein Schumacher said India is the best opportunity for Unilever over the next couple of years and will be the key for all its group businesses.

The technology may transform business. But it clearly isn’t there yet.