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Fiat Chrysler, Peugeot owner PSA in talks to combine

Fiat Chrysler and Peugeot owner PSA are in talks to combine in a deal that could create a $50 billion automaker, a source familiar with the matter said on Tuesday. FILE PHOTO: The logo of Fiat carmaker is seen in Nice, France, June 3, 2019. REUTERS/Eric Gaillard/File Photo Fiat Chrysler shares rose

Christie’s Auctioned a $40 Million Diamond. Was It Stolen?

The plaintiffs have argued that Christie’s should not have gone forward with the sale because the auction house understood that there had been an Italian investigation into the accusation that the diamond had been stolen. In an email cited in the court records, a Christie’s official says that she told

The dog-walking startup Wag is exploring a sale

photo by Mike Kemp/In PIctures via Getty Images The company is backed by SoftBank but has struggled. The dog-walking and pet-sitting startup Wag has been exploring a sale to potential buyers such as the pet giant Petco, Recode has learned. Petco and Wag, which is almost majority owned by the investment firm

Coal giant Murray Energy declares bankruptcy

Coal giant Murray Energy, with mines in Kentucky, declares bankruptcy Murray Energy Holdings Co., the largest underground coal mining company in the United States, has declared Chapter 11 bankruptcy, another sign of the industry's continuing economic decline. The company and its subsidiaries operate 15 active coal mines in six states, including Kentucky, employing

Amazon drops grocery delivery fee as competitors close in

Amazon.com Inc is eliminating its grocery delivery charge for Prime members in the United States and making shopping easier by combining AmazonFresh and Whole Foods Market ordering on a single site, as it battles rival grocery sellers like Walmart Inc and Kroger Co. FILE PHOTO: An Amazon Fresh truck makes a

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