Business

A copy of a letter from the US Justice Department that Bloomberg News was able to retrieve indicated that the federal agency has ended its probe on Chesapeake Energy Corp and Encana Corp from claims that both engaged in attempting to monopolize shale drilling auctions.

Billionaire Elon Musk's Space Exploration Technologies Corp was able to secure a court order that would block the Russian rocket engine purchases of a Boeing Co-Lockheed Martin Corp venture.

As part of a deferred-prosecution agreement to settle a five-year probe about its alleged bribery, Avon Products Inc will reportedly pay a total of $135 million to settle the criminal and civic inquiries by the US Justice Department and the Securities and Exchange Commission.