Former Italian Prime Minister Silvio Berlusconi’s eldest children have formally taken control of their father’s €7 billion ($7.5 billion) business empire after all heirs reached an agreement on the late billionaire’s will.
An explosion at Archer-Daniels-Midland Co.’s processing complex in Decatur, Illinois, injured at least eight people late Sunday, according to the local fire department.
Trina Solar Co. is planning a $200 million manufacturing facility in Texas, weeks after the US said the Chinese panel supplier was bypassing tariffs.
A contentious form of concrete that forced buildings in over a hundred schools to close has been found in the UK Houses of Parliament.
Instacart and its backers set the stage for an initial public offering that may value the grocery-delivery business at as much as $9.3 billion, less than a quarter of what it was worth at the height of the Covid-19 pandemic.
The auction of three-year US Treasury notes on Monday drew the highest yield since 2007, reflecting the recent bond-market selloff driven by anticipation the Federal Reserve will keep rates elevated into next year.
The US Treasury’s No. 2 official said a government shutdown would hurt the economy by undermining demand.
A plan to reboot a new version of defunct crypto exchange FTX Group may emerge as soon as next year, potentially injecting a jolt of activity back into a market that’s been largely subdued since the platform’s collapse.
Bitcoin briefly dropped below $25,000 for the first time in three months, while speculation that FTX could begin sales of digital assets through its bankruptcy process weighed on other cryptocurrencies.
Colombian cocaine output surged to a record last year, with the drug flooding into new markets and fueling violence across the planet.
