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 ...

Novo Nordisk has endured a rocky few months. In May, the $247 billion Danish drugmaker announced the departure of its long-term CEO Lars Fruergaard Jorgensen after citing “market challenges” and a ...

Donald Trump’s tariff policy threatens to make Americans poorer while failing to bring back lost manufacturing jobs. In this episode of The Big View podcast, author Philip Coggan explores the ...

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 ...

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 bln group into more stable businesses ...

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 ...

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 ...

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 any measure it requires a hefty increase in capital outlays by private firms.

In July, the White House set the pillars of its economic strategy: a 15% baseline tariff on key trading partners and gutting corporate and income taxes. Revenue from import duties has now reached a ...

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 ...

What’s harder: blasting a 100,000-pound object into the sky at over 17,000 miles per hour, or launching onto public markets? Failures among space-bound rocket-makers suggest that financial liftoff ...