The oilfield services giant will pay $13.6 bln to top a rival suitor for cryogenic-kit maker Chart. While costly, it aids a pivot to industrial gear from volatile oil exploration, opening access to ...

Low-wage workers face stagnant hiring and plummeting earnings growth while higher-paid employees command over 4% annual raises. Top-heavy consumer spending can float the economy for now, but the ...

Union Pacific’s $85 bln acquisition of Norfolk Southern would forge a coast-to-coast line, with touted boons for US manufacturing and national defense. It also charts an easier track if regulators ...

Shares in the $247 bln obesity drugmaker fell over 20% after it said sales would grow more slowly than expected. Competition ...

The UK lender’s investment banking arm cleaned up in the second quarter as markets gyrated. That runs counter to CEO C. S. Venkatakrishnan’s plan to shift the $68 billion group into more stable ...

The EU made a vague promise to pump $600 bln into the United States as part of its tariff pact. Details are skimpy, but on ...

The $20 bln bank's run of decent results continued last quarter. But its stock lags both peers and the broader domestic market even as the country enters a new economic era. That's in part because CEO ...

Shares of $130 bln Tata Consultancy Services fell after it announced a plan to cut 2% of its 613,000 staff, double its usual rate. The tepid reaction of investors, however, underscores fears that ...

The Korean group has landed a much-needed contract to supply chips to Elon Musk's electric-car maker. It gives Samsung the chance to show its products can compete with TSMC. But its unprofitable ...

After landing on the moon, Firefly Aerospace is counting down to a listing that might value the firm at $5 bln. It’s punchy ...

Deals with the EU and Japan cement 15% as a new baseline import levy. Some $100 bln of duties already paid augurs crucial yet insufficient revenue to offset gutting taxes. Trade warriors’ other goals ...

MFE, the Italian clan’s media business, raised its offer for $2.1 bln German broadcaster ProSieben and released chunky ...