A federal judge on Tuesday indicated that how he interprets the food distribution marketplace will be the key factor in deciding whether to block the planned merger of rivals Sysco Corp. and US Foods Inc.
Five years after the market meltdown, efforts to prevent a repeat drag far behind schedule.
Auction houses ask record prices for Picasso and others that could break sales records.
Norfolk Southern’s CEO said the rail industry will challenge the Department of Transportation’s new crude-by-rail regulations, arguing they could make shipping oil by rail prohibitively expensive.
Amazon.com and Google say U.S. regulators in recent weeks have become more receptive to their efforts to use drones for package delivery.
LendingClub posted earnings above expectations, reporting a surge in new loans, even as it cited growing congestion in the industry.
Copper prices rose to their highest levels since November, buoyed by optimism about global demand for the industrial metal.
Corporate pension insurer Rothesay Life on Wednesday completed a £675 million ($1.02 billion) buyout of the pension plan for Lehman Brothers’ European arm.
Some big global real-estate investors are hunting for bargains in Brazil, even as political upheaval and economic decline send others to the sidelines.
The Swiss group’s investment banking division is generating the kind of returns that affirm the strategic choices it made.