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Takata Corp., the Japanese automotive supplier of rupture-prone air bags linked to numerous deaths and injuries, is likely to face a reckoning sometime next year over the defective safety devices, said people familiar with the matter.
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Hostess Brands is expected to start trading as a public company on Monday, serving as the first widespread test of investor appetite for the snack brands since they were bought out of liquidation almost four years ago.
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A failure to clear a major Pacific trade agreement through Congress in coming weeks could realign the commerce of the world’s three biggest economies, with China muscling in on U.S. companies’ exports to Japan, the White House said.
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China’s Dalian Wanda Group is acquiring Dick Clark Productions for about $1 billion, the company announced Thursday, marking the Chinese conglomerate’s first foray into television production.
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The proposed merger of Tesla Motors Inc. and SolarCity Corp. has received an endorsement from an influential shareholder proxy service, an important show of confidence for entrepreneur Elon Musk’s plan ahead of a Nov. 17 vote.
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Zim Integrated Shipping Services Ltd., Israel’s biggest shipping company, is exploring a sale of its global container network, according to people with direct knowledge of the matter.
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Ten of the world’s biggest oil companies plan to invest an average of $100 million annually over the next 10 years in low-carbon technologies, the companies said.
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