$PepsiCo Inc(PEP.US)$ to Sell Tropicana, Naked Juice Brands to Private-Equity Firm
The snacks-and-beverage company will sell Tropicana, Naked and other juice brands in North America to private-equity firm PAI Partners, according to people familiar with the matter.
$KKR & Co Inc(KKR.US)$ Earnings Surge as Firm Rakes In Record Cash From Investors
The value of the flagship private-equity portfolio gained 13% during the quarter, topping gains in the S&P 500.
$Wolverine World Wide Inc(WWW.US)$ to Buy Sweaty Betty for $410 Million
The maker of Wolverine boots and Keds, Saucony and Merrell sneakers is diving deeper into apparel with the acquisition of women's activewear brand Sweaty Betty.
$Qualcomm Inc(QCOM.US)$ Is Living Out Chips' Big Tech Risk
Losing its role as chip maker to Google's Pixel won't hurt Qualcomm much, but fears of an Apple processor continue to weigh on its stock price.
DHL Orders First Electric Cargo Planes to Slash Aviation Emissions
European logistics giant DHL placed its first order for electric cargo planes, marking one of the industry's early deals for the emerging aircraft technology as carriers aim to cut their emissions to meet government climate-change ambitions.
Jeep, Dodge Maker Posts Strong Results Amid Higher Demand and Prices
$STELLANTIS N V(STLA.US)$ also warned that increases in raw-material prices were likely to get worse in the second half and a global shortage of chips is likely to continue to hit production.
$Tencent(00700.HK)$ Sinks After China Denounces Online Gaming
Shares in Tencent and rivals plummeted after a state-owned newspaper criticized online gaming as "opium for the mind," fueling concerns.
China Takes Aim at Auto Chip Dealers With Global Supplies Low
China's top market watchdog said it is investigating auto chip dealers that it suspects are driving up prices during the global chip shortage.
Source: Dow Jones Newswires