06:41 AM EST, 12/16/2024 (MT Newswires) -- Walmart's ( WMT ) Mexican and Central American unit Walmex has been ordered to pay 93.4 million Mexican pesos ($4.6 million) in fines by Mexico's antitrust regulator over allegations that it engaged in a single relative monopolistic practice regarding supplier contributions, the company disclosed on Friday. Walmex is disappointed by this decision but...

06:43 AM EST, 12/16/2024 (MT Newswires) -- Blackstone (BX) has become the preferred bidder for a 20% stake in Haldiram Snacks, Bloomberg News reported Monday, citing people familiar with the matter. The report said Blackstone may team up with Singapore state investor GIC and Abu Dhabi Investment Authority to pay around $1.6 billion for the stake. The parties are looking...

06:42 AM EST, 12/16/2024 (MT Newswires) -- Honeywell International ( HON ) said Monday it continues to consider strategic options to increase shareholder value, including the potential spinning off of its aerospace business, with an update to be part of its Q4 earnings report. Honeywell ( HON ) is now well-positioned for significant transformational alternatives, and we are continuing our...

(Reuters) - SoftBank Group CEO Masayoshi Son will announce a $100 billion investment in the U.S. over the next four years during a Monday visit to U.S. President-elect Donald Trump's residence Mar-a-Lago, CNBC reported on Monday. Son will also promise in the joint announcement with Trump to create 100,000 jobs focused on artificial intelligence (AI) and related infrastructure, with the...