Ownership changes

September 06, 2019 - 4:46 am
COPENHAGEN, Denmark (AP) — Telecom companies Telenor of Norway and Malaysia's Axiata Group Berhad have ended talks about merging operations in Asia, a deal that would have created the region's biggest telecommunications operator with 300 million customers in nine countries. Telenor ASA said Friday...
Read More
Residents of the Boardwalk RV Park discuss the path of a possible waterspout or tornado, generated by Hurricane Dorian, struck the area, Thursday, Sept. 5, 2019, in Emerald Isle, N.C. (Julia Wall/The News & Observer via AP)
September 05, 2019 - 2:15 pm
CHARLESTON, S.C. (AP) — Hurricane Dorian raked the Carolina coast with howling, window-rattling winds and sideways rain Thursday, spinning off tornadoes and knocking out power to more than 200,000 homes and businesses as it pushed northward toward the dangerously exposed Outer Banks. Leaving at...
Read More
The BP Energy Center, a building where nonprofits and groups can meet, is shown in Anchorage, Alaska, Wednesday, Aug. 28, 2019. BP announced plans Aug. 27, 2019, to sell its Alaska assets to Hilcorp, and its plan to pull out of Alaska could leave a big hole for nonprofits and other programs that benefited from the oil giant's donations and its employee volunteers. (AP Photo/Mark Thiessen)
August 28, 2019 - 7:46 pm
JUNEAU, Alaska (AP) — BP's plan to pull out of Alaska could leave a big hole for nonprofits and other programs that benefited from the oil giant's donations and its employee volunteers. BP on Tuesday announced it would sell its Alaska assets to Hilcorp in a deal expected to close next year. BP,...
Read More
FILE - This Aug. 1, 2017, file photo shows the oil producer BP company logo at a petrol station in London. BP, a major player on Alaska’s North Slope for decades, is selling all of its Alaska assets, the company announced Tuesday, Aug. 27, 2019. Hilcorp Alaska is purchasing BP interests in both the Prudhoe Bay oil field and the trans-Alaska pipeline for $5.6 billion, BP announced in a release.(AP Photo/Caroline Spiezio, File)
August 27, 2019 - 7:33 pm
JUNEAU, Alaska (AP) — BP plans to sell its interests in Alaska's once prodigious North Slope to a company seen as having a reputation of giving new life to aging fields. The sale to Hilcorp Alaska, an affiliate of Texas-based Hilcorp Energy Co., would be worth $5.6 billion, and include interests in...
Read More
FILE- This June 14, 2018, file photo shows cartons of Marlboro cigarettes on the shelves at JR outlet in Burlington, N.C. Altria confirmed Tuesday, Aug. 27, 2019, that it is in talks to merge with Philip Morris International more than a decade after splitting itself into two companies. Altria has exclusively sold Marlboro and other cigarette brands in the U.S., while Philip Morris has handled international sales. (AP Photo/Gerry Broome, File)
August 27, 2019 - 12:47 pm
NEW YORK (AP) — The Marlboro men are discussing a reunion as the number of smokers continues to decline worldwide. Altria confirmed Tuesday that it is in talks to merge with Philip Morris International, more than a decade after splitting itself into two companies. Altria has exclusively sold...
Read More
FILE- This Feb. 21, 2018, file photo shows a display of Heinz Ketchup on display in a market in Pittsburgh. Kraft Heinz Co. is bringing back its former chief financial officer amid accounting problems and falling sales. Paulo Basilio, joined H.J. Heinz as CFO in 2013 and remained in the job after the company's 2015 merger with Kraft. He most recently served as Kraft Heinz's chief business development officer. (AP Photo/Gene J. Puskar, File)
August 26, 2019 - 1:52 pm
CHICAGO (AP) — Kraft Heinz Co. is bringing back its former chief financial officer amid accounting problems and falling sales. Paulo Basilio, 44, joined H.J. Heinz as CFO in 2013 and remained in the job after the company's 2015 merger with Kraft. He most recently served as Kraft Heinz's chief...
Read More
August 20, 2019 - 4:17 pm
WASHINGTON (AP) — The Justice Department is suing to block Sabre Corp. from buying Farelogix, a rival provider of technology services to airlines. In a civil lawsuit filed Tuesday, the government says Sabre pursued the $360 million deal to eliminate a competitor that has disrupted the market with...
Read More
August 20, 2019 - 8:18 am
INDIANAPOLIS (AP) — Elanco Animal Health will spend $7.6 billion to acquire Bayer AG's veterinary medicines business, which would make it the second-largest animal health company. Elanco said Tuesday that it will pay $5.3 billion, or about 70% of the total price, in cash and the rest in stock. The...
Read More
FILE - In this Aug. 8, 2017, file photo, The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. Disney says its net income fell 39% in the latest quarter. Net income for the fiscal third quarter, which ended June 29, 2019, fell to $1.76 billion, from $2.92 billion last year. (AP Photo/Richard Drew, File)
August 06, 2019 - 6:59 pm
NEW YORK (AP) — Disney is feeling some pain from its biggest transformation in decades as its acquisition of Fox's entertainment businesses contributed to a 39% drop in earnings. CEO Bob Iger said one of the biggest issues affecting earnings was underperformance at the Fox movie and TV studio...
Read More
August 05, 2019 - 2:18 pm
NEW YORK (AP) — Two of the country's largest newspaper companies have agreed to combine in the latest media deal driven by the industry's struggles with a decline of printed editions. GateHouse Media, a chain backed by an investment firm, is buying USA Today owner Gannett Co. for $12.06 a share in...
Read More

Pages