LONDON/BRUSSELS The board of brewer SABMiller (SAB.L) will recommend its shareholders approve a sweetened takeover offer by Anheuser-Busch InBev (ABI.
U.S. stocks ended the month on a high note, with the S&P 500 closing just a few points off a record level. All three main indexes posted solid monthly gains.
Exxon Mobil Corp. and Chevron Corp. missed profit and production estimates as wildfires, writedowns and weak refining margins battered oil explorers already reeling under a glut-driven price collapse.
The company says it will challenge the IRS in court. Facebook might be on the hook to Uncle Sam for as much as $5 billion in taxes.
The introduction of ride-sharing services such as Uber and Lyft hasn't had any impact on the number of fatalities related to drunken driving, a newly published study finds.