Johnson Controls International PLC is selling its power solutions division to Brookfield Business Partners LP for $13.2 billion. The power solutions business, which makes and distributes advanced battery technologies for various vehicles, posted $8 billion in revenue in fiscal 2018. Continue Reading Below Johnson Controls CEO George Oliver said Tuesday […]
FOX News
Probe opens after report Polish regulator sought large bribe
Poland’s prime minister has called for an investigation after a newspaper reported that the head of the nation’s financial regulator sought a multimillion dollar bribe from a bank. Government spokeswoman Joanna Kopcinska said Tuesday that Prime Minister Mateusz Morawicki has asked prosecutors and the security services to check allegations that […]
Report: Putin’s friend set to win lucrative new contract
A report says President Vladimir Putin’s childhood friend is set to win a massive seaport contract. Respected business daily Kommersant reported Tuesday the firms controlled by Arkady Rotenberg are positioned to win the contract for a new cargo port on the Taman Peninsula. It cited officials familiar with the talks. […]
Homeowners are spending, Home Depot is winning
article Home Depot breezed past all expectations in the third quarter and raised its annual profit expectations again as Americans plow money into their homes, even with hints that the housing market is cooling. Continue Reading Below Comparable-store sales, a key indicator of a retailer’s health, rose 4.8 percent, but […]
UK earnings rising at their highest rate in a decade
article Brexit is already having an impact on Britain’s labor market, with the number of people from the European Union working in the country falling by a record amount. Continue Reading Below The Office for National Statistics said Tuesday the number of EU nationals working in Britain fell by 132,000 […]
Drilling overwhelms agency protecting America’s lands
Wayne Smith was hardened to a certain level of chaos here, on land the American public owns. But even he was incredulous as he surveyed an area he leases for grazing, now cleared of grass and cluttered with above-ground pipelines, a drill pad for multiple wells and other oil and […]
Gas dispute leaves hundreds of thousands freezing in Ukraine
Hundreds of thousands of Ukrainians are without heating due a long-standing dispute between the national gas company and regional utility providers. More than 600,000 residents in Kryvy Rih in Ukraine’s south-east on Monday seized the building of the local gas company demanding that the heating be turned on. Temperatures are […]
UK says Brexit deal ‘almost within touching distance’
Image 1 of 2 ▼ Britain’s Secretary of State for Exiting the European Union Dominic Raab arrives for a cabinet meeting at 10 Downing Street in London, Tuesday, Nov. 13, 2018. (AP Photo/Matt Dunham) Prime Minister Theresa May’s deputy says Britain and the European Union are “almost within touching distance” […]
Petco, others respond to demand for natural pet foods
Demand for healthy, natural food is extending from humans to their pets. Petco says it will stop selling dog and cat food and treats with artificial colors, flavors and preservatives by May, both online and at its nearly 1,500 stores in the U.S. and Puerto Rico. Continue Reading Below Petco’s […]
Stock futures indicate a higher open after Monday’s plunge
Equity futures are pointing to gains at the start of trading, although stocks have a long way to go to make up for the Dow’s loss of 600 points to start the week. Continue Reading Below Dow Jones futures were rising by 0.31 percent. The S&P 500 added 0.44 percent […]