Bloomberg Business

Suncor to Buy Total’s Fort Hills Stake in $1.07 Billion Deal

Suncor Energy Inc. agreed to buy TotalEnergies SE’s stake in the Fort Hills oil-sands mine for C$1.47 billion ($1.07 billion) after an earlier deal to buy the French company’s Canadian assets was thwarted by ConocoPhillips.

BlackBerry Plans IPO for Its Internet of Things Business

BlackBerry Ltd., wrapping up a strategic review of its options, plans to hold an initial public offering for the company’s Internet of Things division, separating the business from its main cybersecurity operations.

Baseball Cap Maker New Era Picks JPMorgan to Lead IPO

New Era Cap, the maker of caps for major US sports leagues, has started to fill out its advisory ranks as it prepares for an initial public offering, according to people with knowledge of the matter.

Clorox Security Breach Linked to Group Behind Casino Hacks

A notorious group of hackers blamed for recent breaches on major casino companies is also suspected of being behind a recent cyberattack against Clorox Co. that has led to a nationwide shortage of its cleaning products.

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