Receive Breaking News updates as they occur
US oil services companies Halliburton and Baker Hughes have called off their proposed merger that had met resistance from antitrust officials, a joint statement said Sunday. The deal, announced in November 2014, foresaw a $34.6 billion takeover by Halliburton of its rival. "Challenges in obtaining remaining regulatory approvals and general industry conditions that severely damaged deal economics led to the conclusion that termination is the best course of action," Halliburton's chairman and chief executive, Dave Lesar, said in the statement.
PROVIDENCE, R.I. (AP) — Ringling Bros. and Barnum & Bailey Circus bid farewell to its performing elephants on Sunday, as the show closed its own chapter on a practice that has entertained audiences in America for two centuries but has come under fire by animal rights activists.