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Dow-DuPont wins US antitrust nod to create chemicals giant

Bloomberg Dow Chemical Co. and DuPont Co. won US antitrust approval for their $73 billion merger, overcoming one of the last remaining hurdles to a deal that would create a global chemicals giant. The companies said that the assets they agreed to sell to win US approval didn’t go beyond what they had already agreed to with other jurisdictions. DuPont ...

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Nestle’s chief moves to sell US sweets

Bloomberg Nestle SA’s new chief executive officer is putting the world’s biggest food company on a diet, moving to shed its US confectionery business as he seeks growth from healthier and more profitable businesses. Half a year after taking the helm at the Vevey, Switzerland-based company, Mark Schneider put brands like Butterfinger and BabyRuth up for sale. Nestle’s shares rose ...

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Trump rolls back Obama-led Cuba opening with limits on new deals

Bloomberg President Donald Trump announced new restrictions limiting US citizens’ ability to travel to and do business in Cuba, moving to roll back his predecessor’s historic rapprochement and drawing a rare rebuke from the nation’s largest business lobbying group. The changes Trump announced include a ban on Americans doing business with the military and intelligence-affiliated companies that control large swaths ...

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