Newell Brands to Cut 10% of Employees in Cost-Savings Push
Newell Brands will lay off about 10% of its professional and clerical employees, or over 900 workers, as part of its ongoing cost-savings plan.
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Somnigroup Seeks to Buy Leggett & Platt for About $1.6 Billion
Somnigroup International has offered to buy Leggett & Platt for about $1.63 billion in an all-stock deal, a move that would add the adjustable-bed and mattress-spring maker to its bedding empire.
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Targa Resources to Acquire Stakeholder Midstream for $1.25 Billion
Targa Resources agreed to acquire Stakeholder Midstream, which provides natural gas gathering and processing services in the Permian Basin, for $1.25 billion in cash.
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TotalEnergies to Sell Stake in Nigeria Projects to Chevron
Chevron subsidiary Star Deep Water Petroleum will take a 40% stake in the PPL 2000 and 2001 licences located in the West Delta basin.
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Airbus Shares Fall After Urgent Fixes Needed on Thousands of A320 Aircraft
Airbus said around 6,000 A320 aircraft needed either software or hardware fixes to resolve the issue, and by Monday morning the "vast majority" of those fixes had been completed.
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UBS Charged in Switzerland Over Credit Suisse 'Tuna Bonds' Scandal
The charges are the latest in a saga that started around 2013, when Credit Suisse arranged debt deals for state-owned companies in Mozambique.
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American Consumers Lose Patience With High Car Prices
Shoppers are starting to draw the line on what they will pay for a new car, with some turning to used vehicles, taking on longer car loans and holding out for deals.
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America Loves a $13 Lunch Bowl. Don't Bet Against It.
Consumers may be struggling, but they still want the fresh and fast offerings from restaurants like Cava and Chipotle.
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Tesla's Cybertruck is turning 2. It's been a big flop.
CEO Elon Musk once described the Cybertruck as Tesla's "best ever" product. But demand for the controversial pickup truck has dried up.
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Trump's Focus on Drug War Means Big Business for Defense Startups
Drones, sensors and AI platforms developed for other theaters are being rebranded as tools for the fight against "narco-terror."
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Data Centers Are a 'Gold Rush' for Construction Workers
Surging demand for workers means six-figure pay and more perks.
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The Outspoken CEO Behind the World's Fastest-Growing Arms Maker
Armin Papperger has pushed Rheinmetall into almost every part of the battlefield, but some in the industry say he is moving too fast.
(END) Dow Jones Newswires
December 01, 2025 09:00 ET (14:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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