B-52 Bomber Crashes Shortly After Takeoff at California Air Base

A huge plume of smoke is seen near Edwards Air Force Base.

Australia’s Sigma Withdraws Interest in U.K. Retailer Boots

Australia’s Sigma Healthcare withdrew its interest in acquiring Boots, saying a deal for the U.K. drugstore…

UniCredit Rejects Commerzbank’s Claims of Unusual Tender Behavior

The Italian lender denied suggestions that the actual number of tendered shares was lower than stated…

Saint-Gobain Shares Rise on $1.76 Billion Sale of Majority of Dahl Operations

The stock rose after the company struck a deal to sell its specialist distribution business Dahl…

Is the Luxury Handbag’s Heyday Ending?

An $8 billion slide in sales shows attitudes toward designer bags are changing.

New Fund Backed by LVMH and Top Pro Athletes Invests in Activewear Brand

Cowboys quarterback Dak Prescott and Indiana Pacer Tyrese Haliburton are among the partners of the new…

Fox to Buy Roku Streaming Service in $25 Billion Deal

Competition for streaming audiences has been heating up, and the deal provides significant scale for both…

The FTC Cracked Down on ‘Hidden’ Car Dealer Fees. They’re Still Happening Anyway.

Car shoppers can face thousands of dollars in opaque fees, but the industry is working to…

How Quickly Can the Strait of Hormuz Get Back Up and Running?

It could take several weeks for traffic through the thoroughfare to return to even half of…

Justice Department Decision to Allow Paramount Deal Surprised Staff Investigators

Department staffers investigating the Warner acquisition were leaning toward recommending a challenge to the merger, people…