Friday, July 31, 2026

Freeport-McMoRan Announces New Board Structure & Review of Strategic Alternatives for Its Oil & Gas Business

PHOENIX–(BUSINESS WIRE)– Freeport-McMoRan Inc. (NYSE: FCX) announced today that it has reduced the size of its Board from sixteen to nine members and is undertaking a review of strategic alternatives for its oil and gas business, following constructive discussions with many of its largest shareholders. The reconstituted FCX Board is comprised of seven independent directors: Gerald J. Ford (Lead Independent

SABMiller rejects AB InBev’s $104 billion takeover bid

From CNN Money Well, that didn’t take long. SABMiller has rejected an improved takeover offer from bigger rival Anheuser-Busch InBev (AHBIF), throwing into doubt its bid to create a super brewery. A “Bud-Miller” combination would be the world’s largest beermaker by far, with nine of the world’s top 20 beers by volume, and annual sales of $55 billion. Earlier Wednesday,

Proposed NFL stadium gets a name and sponsor

From The St. Louis Business Journal If the St. Louis Rams don’t move to California, they’ll soon be playing at National Car Rental Field. National Car Rental and the St. Louis Regional Sports Authority have agreed to terms on a $158 million, 20-year naming rights deal for the proposed $1 billion Mississippi riverfront stadium in St. Louis. The deal is