Fracking Companies Continue Consolidation as Cabot, Cimarex Form $14 Billion Firm 
 

The all-stock merger brings together shale drillers in different regions, aiming to guard against commodity price swings.

 
Nielsen Invests in New TV Ratings Platform After Selling $2.4 Billion Unit 
 

Some of that cash will be put to work in Nielsen One, which aims to set a single metric for both traditional and streamed television.

 
Ryanair Plane Grounding in Belarus Was State-Sponsored Hijacking, CEO Says 
 

Michael O'Leary said the airline believes members of Belarus' secret service were aboard one of its airliners when the plane was forced by a Belarus jet fighter to divert to the country's capital Minsk on Sunday.

 
Bank of America's Merrill Lynch to Ban Trainee Brokers From Making Cold Calls 
 

The Merrill Lynch Wealth Management unit is banning trainee brokers from making cold calls, a vestige of an era when the industry pushed hot stocks on anyone who would pick up the phone. The brokerage will instead direct recruits to use Bank of America referrals and LinkedIn messages.

 
Oil Majors Look to Fill Businesses' Growing Appetite for Green Power 
 

BP, Shell and Total say their global reach and vast trading operations give them an edge in supplying wind and solar power as companies seek to go green and take a more international approach to sourcing power.

 
Inflation Starts to Hit Auto and Home Insurers 
 

Investors hunting for signs of inflation pressure should keep an eye on something they might not usually think about: the cost of insuring a car or home.

 
AMC and Wanda's Unlikely Happy Ending 
 

Wanda's AMC acquisition has finally paid off. That mostly comes down to luck though-the deal still looks mostly like a cautionary tale of overreach and political risk.

 
Ex-Trump Iran Envoy Brian Hook Joins Cerberus 
 

Former State Department Iran envoy Brian Hook has joined private-equity firm Cerberus Capital Management.

 
Elizabeth Holmes Jury to Hear of Faulty Theranos Tests From Patients 
 

A federal judge also ruled that limited evidence of Holmes's wealth and lifestyle could be heard at her fraud trial.

 
Ex-Goldman Executive Rajpal Launches Buyout Firm 
 

GrowthCurve Capital will target companies that are sitting on valuable troves of data that can be used more effectively to spur growth.

(END) Dow Jones Newswires

May 24, 2021 11:00 ET (15:00 GMT)

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