ALGIERS, SEPT 28: OPEC had agreed on Wednesday for modest oil output cuts in the first such deal since 2008, with the group’s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. “OPEC made an exceptional decision today … After two-and-a-half years, OPEC ... Read More »
Hershey Trust Co., a $12 billion charitable organization that controls the Hershey Chocolate empire, has agreed in principle to a deal with the Pennsylvania attorney general’s office to institute governance reforms in the wake of a failed $23 billion takeover attempt. The Hershey Trust was set up by the company’s ... Read More »
The U.S. Supreme Court on Monday stepped into the high-profile patent fight between the world’s two fiercest smartphone rivals, Apple and Samsung, agreeing to hear Samsung’s appeal of what it contends were excessive penalties for copying the patented designs of the iPhone. Samsung Electronics Co Ltd (005930.KS) paid Apple Inc ... Read More »
