BUSINESS DIGEST ||

Park for free at YSU

YOUNGSTOWN

Youngstown-based Home Savings is inviting the students and faculty of Youngstown State University to park for free.

Home Savings has paid for all of the parking meters that surround the campus for the first week of classes today through Friday.

For the past six years, Home Savings has paid for parking meters to welcome YSU students back to school and to save them time in the first week when life may seem a bit more chaotic than usual.

Brentwood job fair

YOUNGSTOWN

Brentwood Originals will have a job fair with on-site interviews at the manufacturing facility, 1309 N. Meridian Road from 1 to 4 p.m. Thursday.

The manufacturer has future openings in all positions, including sewing-machine operators, to work from 7 a.m. to 3:30 p.m. Monday through Friday with overtime during the peak season.

These union positions pay $11 per hour with benefits.

Sempra Energy bids $9.45B for Oncor

SAN DIEGO

Sempra Energy is buying Texas power transmitter Oncor for $9.45 billion in cash, wresting it away from Warren Buffett’s Berkshire Hathaway.

Sempra said Monday that it also will pick up $9.35 billion of the company’s debt.

To gain possession of Oncor, Sempra will acquire the reorganized Energy Future Holdings Corp. Energy Future entered bankruptcy in 2014, saddled with more than $40 billion in debt due to cratering energy prices.

Berkshire Hathaway said last month that it would buy Oncor for $9 billion, and last week it stuck to that bid.

Sempra expects to close the sale in the first half of next year.

Total expands with Maersk Oil purchase

LONDON

French oil company Total agreed Monday to buy the oil & gas division of Danish conglomerate AP Moller-Maersk for $7.45 billion, in a deal that will see it become the No. 2 operator in the North Sea.

Total said its purchase of Maersk Oil will shore up its position in the offshore and challenging waters of northwest Europe, which is the seventh-largest oil and gas producing region in the world.

Industry consultants Wood Mackenzie said it’s the biggest North Sea-weighted deal since 2006.

Walmart expands grocery delivery

NEW YORK

Walmart is expanding its grocery delivery service with ride-hailing service Uber to two more markets — Dallas and Orlando, Fla.

The world’s largest retailer had launched a pilot grocery service with Uber Technologies Inc. last year in Phoenix and then Tampa, Fla., earlier this year.

The delivery charge is $9.95

The move, announced Monday, marks the latest steps that Walmart is taking to offer more options for online grocery shoppers amid increasing competition from online leader Amazon.com.

Staff/wire reports