Whitehaven Coal to Sell Coal Mine Stake for $1.08 Billion
Whitehaven Coal has signed deals to sell 30% stake in an Australian coal mine for $1.08 billion.
Whitehaven Coal has signed deals to sell 30% stake in an Australian coal mine for $1.08 billion.
Whitehaven Coal has signed deals to sell a 30% share in a newly acquired Australian coal mine to a pair of Japanese steelmakers for $1.08 billion, as it recorded a sharp fall in annual profit.
Ford scrapped plans for a large electric sport-utility vehicle and expects to take $1.9 billion in related special charges and write-downs as demand softens.
Fed officials overwhelmingly said they wanted to cut interest rates at their next meeting in September, with some suggesting a cut in July, minutes show.
U.S. employers might have added fewer jobs in the 12 months through March than previously reported, according to a preliminary Labor Department revision of the data.
Edgar Bronfman Jr. sweetened his offer for National Amusements and a stake in Paramount, competing against Skydance Media for Shari Redstone’s media empire.
Arch Resources and Consol Energy agreed to combine in an all-stock merger of equals to create a new $5.2 billion entity called Core Natural Resources.
Hong Kong-listed shares of JD.com fell 10% after Walmart moved to sell its stake of up to $3.7 billion in the e-commerce company.
Disney named board member James Gorman to lead a committee tasked with finding Chief Executive Bob Iger’s successor.
McDonald’s plans to invest the equivalent of $1.3 billion in the U.K. and Ireland over the next four years, opening new restaurants and creating more than 24,000 jobs.
Died: Bill Pascrell Jr., 87, New Jersey congressman.
Australian business activity returned to expansion in August, raising further questions about whether or not the Reserve Bank of Australia may need to tighten the reins of policy further.
Japanese shares may rise, tracking Wall Street’s gains overnight.
From the Paris runways to the desks of working women, these pull-on bodysuits are a fast track to office chic.
Find insight on gold prices , Arch Resources and Consol Energy, Canada’s grain industry, and more in the latest Market Talks covering the Basic Materials sector.
The cryptocurrency-trading platform, which declared bankruptcy in 2022, said more than 95% of creditors voted in favor of the amended plan.
Corrections & Amplifications for the edition of Aug. 22, 2024.
The Wall Street Journal previously reported that the Justice Department’s investigation into the bank was focused on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.
The party’s anti-Israel wing in the streets is having a policy impact.
Robert F. Kennedy Jr. plans to hold an event on Friday in Phoenix, his first public appearance in weeks, as the independent candidate is falling in polls and struggling to build a campaign.
Javier Aguilar, who was involved in a scheme to bribe Mexican and Ecuadorean officials, avoids a second trial after a jury found him guilty of similar charges in February.
Changes proposed by departing President Andrés Manuel López Obrador have rattled investors and sparked worries about democratic checks-and-balances.
The bid gives non-Redstone and nonvoting Paramount shareholders an option to sell shares at a premium.
The Minnesota governor, who pioneered calling the GOP ticket “weird,” is almost certain to offer a few more takedowns during his address on the biggest stage of his political career. Former House Speaker Nancy Pelosi and former President Bill Clinton are also expected to speak.
The Vice President is the least known presidential nominee in modern times.