Zebra Technologies Corp. is buying a unit of Motorola Solutions Inc. for $3.45 billion, borrowing most of the amount for a bet on mobile-computing services for businesses that need to track employees and products.
Claudio Descalzi’s nomination as chief executive officer of Eni SpA puts a life-long oil man in charge of Italy’s largest crude producer, demonstrating Prime Minister Matteo Renzi’s preference for technocrats over political appointees to run the country’s biggest companies.
Jeff Saut, chief investment strategist at Raymond James Associates Inc., says he sees smarter policy makers been elected in Washington over the next five years. Saut talks with Bloomberg’s Pimm Fox and Carol Massar on Bloomberg Radio’s "Taking Stock" on April 9th.
James River Coal Co., a mine operator in the U.S. Midwest and Appalachia, filed for bankruptcy for a second time, listing $818.7 million in debt, after declining prices caused it to idle a dozen mines.
Net oil imports to the U.S. could fall to zero by 2037 because of robust production in areas including North Dakota’s Bakken field and Texas’s Eagle Ford formation, according to a government projection released today.