Ellinghams

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The German car manufacturer trimmed its guidance for 2024 operating return on sales due to the potential Brussels closure and other unplanned expenses.
Honeywell will buy the Air Products unit in its fourth acquisition in recent months as natural-gas demand grows.
CEO Mark Thompson said it was “a logical possibility” that CNN might pursue a subscription bundle similar to what the New York Times offers.
Mercedes-Benz, BMW and Volkswagen all posted declines in overall vehicle sales and saw demand drop in China in the second quarter, but experienced diverging fortunes in the hotly contested electric-vehicle market.
Devon Energy has agreed to acquire Grayson Mill Energy, a oil-and-gas producer in the Williston Basin, in a cash-and-stock deal valued at $5 billion.
David Ellison’s production company would buy Shari Redstone’s National Amusements, Paramount’s controlling shareholder, as part of the deal.
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