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Elliott Management Considering $18.5 Billion Deal With Oncor

Elliott Management Considering $18.5 Billion Deal With Oncor

The largest creditor of the bankrupt parent of Oncor Electric Delivery Co, Elliott Management, said it was putting together an offer that values the utility at about $18.5 billion, including debt.On Friday, Warren Buffet’s Berkshire Hathaway (..

South Australia Picks Tesla to Build the Largest Battery System in the World

South Australia Picks Tesla to Build the Largest Battery System in the World

Tesla Inc. (NASDAQ: TSLA) has reportedly agreed to build the world's largest lithium-ion battery storage project in South Australia. The electric car manufacturer has outbid 91 other companies and won a contract to build a 100 megawatt facility...

Walgreens to Buy Out Half of Rite-Aid’s Stores After Merger Fails

Walgreens to Buy Out Half of Rite-Aid’s Stores After Merger Fails

Walgreens Boots Alliance Inc. (NASDAQ: WBA) currently operating as the second biggest pharmacy store chain in the United States behind CVS Health, saw its shares soar 5% up to $81.02 at opening, while Rite Aid Corporation (NYSE: RAD) shares tan..

Coal Mining is on the Rise in 2017

Coal Mining is on the Rise in 2017

The United States, China and India are the world’s biggest coal users, and in 2017 all three countries have increased coal mining, which is a drastic change of approach to energy generation from the previous years. In 2016 we have witnessed a ..

Tesla Reportedly Venture into the Music Streaming Business

Tesla Reportedly Venture into the Music Streaming Business

Tesla Inc. (NASDAQ: TSLA) maybe venturing into a new direction. According to a report published a tech news site, Recode, the electric car manufacture is considering launching its own streaming music platform.Music industry sources claimed that..