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Clariant and Huntsman Terminate Planned Merger

Clariant and Huntsman Terminate Planned Merger

Swiss chemicals company Clariant and U.S.-based Huntsman said they have terminated their proposed merger to create a $15 billion chemicals giant after facing pressure from activist U.S. investors who wanted to block the deal.

Published 2 months ago

Saudi Arabia to Inject $1 Billion Into Virgin Galactic Space Venture

Saudi Arabia to Inject $1 Billion Into Virgin Galactic Space Venture

Saudi Arabia is poised to invest $1 billion in entrepreneur Richard Branson’s space-tourism and satellite-launching venture, which is seeking to show it is back on track three years after a fatal accident.

Published 2 months ago

Trump Withholds Some JFK Files; Others to Be Released

Trump Withholds Some JFK Files; Others to Be Released

President Donald Trump authorized the release of 2,800 documents related to the assassination of John F. Kennedy, but he said much information would remain secret for now due to national security concerns.

Published 2 months ago

Amazon Revenue Rises 34%, Beating Estimates

Amazon Revenue Rises 34%, Beating Estimates

Amazon posted strong quarterly sales growth, allowing it to report a higher profit as it expands into more corners of consumer spending. Shares surged after hours.

Published 2 months ago

CVS Health Is in Talks to Buy Aetna

CVS Health Is in Talks to Buy Aetna

CVS Health Corp. is in talks to buy Aetna Inc., according to people familiar with the matter, in a deal that could value the health insurer at upward of $66 billion.

Published 2 months ago

Google Parent Alphabet’s Profit Grows 33%

Google Parent Alphabet’s Profit Grows 33%

Google parent Alphabet Inc.’s third-quarter profit grew 33%, extending strong growth in the tech giant’s advertising business as increased scale helped it overcome pressure from declining ad rates.

Published 2 months ago

Joe Girardi Won’t Return as Yankees Manager

Joe Girardi Won’t Return as Yankees Manager

The New York Yankees announced Thursday that they would not renew Girardi’s contract, leaving their managerial seat open for the first time in a decade.

Published 2 months ago

Harvey Weinstein Sues Weinstein Co. Seeking Access to Documents

Harvey Weinstein Sues Weinstein Co. Seeking Access to Documents

Harvey Weinstein has sued his former employer, demanding access to documents he claims could help with his potential defense against civil and criminal claims as well as a potential claim of wrongful termination against the studio.

Published 2 months ago

Facebook Steps Up Efforts to Sway Lawmakers

Facebook Steps Up Efforts to Sway Lawmakers

As the probes of Russian interference in the 2016 presidential election turn to the role of social-media giants, Facebook is looking to boost its influence in Washington amid talk of potential federal regulation.

Published 2 months ago

Paul Ryan Says FBI Plans to Provide Documents Related to Russia Dossier

Paul Ryan Says FBI Plans to Provide Documents Related to Russia Dossier

House Speaker Paul Ryan said the FBI was expected to hand over documents related to a controversial dossier on President Trump by next week, ending an impasse between Congress and federal law enforcement.

Published 2 months ago

House Approves Budget Plan, Paving Way for Tax Action

House Approves Budget Plan, Paving Way for Tax Action

The House adopted a budget Thursday that sets the stage for a rewrite of the U.S. tax system, overcoming internal doubts and beginning a six-day countdown to the release of the closely guarded details of the tax plan.

Published 2 months ago

GE Explores Exiting From the Railroad Business

GE Explores Exiting From the Railroad Business

General Electric Co. is looking to exit from the railroad business as new Chief Executive John Flannery looks to streamline the conglomerate.

Published 2 months ago

Democrats Struggle With Their Own Tea-Party Moment

Democrats Struggle With Their Own Tea-Party Moment

The opposition sees an opportunity in President Donald Trump’s low approval ratings but still has to define what the party stands for. A record number of candidates is running in primaries, a sign of grass-roots enthusiasm and the ideological battles to come.

Published 2 months ago

Trump’s Towering Border-Wall Prototypes Unveiled

Trump’s Towering Border-Wall Prototypes Unveiled

Seven months after the federal government asked for bids to build a wall on the U.S. border with Mexico, the country will get its first glimpse of President Donald Trump’s vision, rising on a dusty patch of desert in California.

Published 2 months ago

President Trump to Announce Opioid Crisis a Public Health Emergency

President Trump to Announce Opioid Crisis a Public Health Emergency

President Trump will declare opioid addiction a “public health emergency,” a description that stops short of the “national emergency” designation he had said he would apply to the epidemic.

Published 2 months ago