Huntington Bancshares will acquire Cadence Bank in an all-stock deal worth $7.4 billion, creating a top-ten bank with $276 billion in assets and $220 billion in deposits. Cadence holders will receive 2.475 Huntington sha…
After eight trips to Washington, Ryosei Akazawa secured a deal that swapped lower‑than‑threatened U.S. tariffs for a $550 billion Japanese fund to finance American projects chosen at President Trump’s direction, with pro…
US stock futures rose Sunday after US and Chinese representatives agreed on a trade-deal framework that could avert tariffs up to 157%, while investors bet on a rate cut. Dow, S&P 500 and Nasdaq futures gained 0.65%, 0.7…
Treasury Secretary Scott Bessett said he has “felt pain” from China’s halt on U.S. soybeans, telling ABC’s This Week, “I’m actually a soybean farmer.” He said two days of talks produced a “substantial framework” he belie…
Born in basement workshops, Ukraine’s drone start-ups are racing into industry, led by Fire Point—a firm that pivoted from film work to become a military contractor. Executives say it holds $1 billion in contracts this y…
LSI, Inc. of Alpena is recalling more than 2.2 million pounds of Golden Island fire-grilled pork jerky (Korean barbecue recipe) after customers reported wiry metal fragments, federal officials said. The voluntary recall …
Images of long queues outside gold stores flooded social media over the past month, and professional metals traders grew increasingly uneasy. On Oct. 6, Nicky Shiels, head of research at MKS Pamp SA, told clients gold is…
JPMorgan Chase asked a court to end what it calls “abusive billing” by Charlie Javice and Olivier Amar, saying it has covered nearly $115 million in their legal costs under its agreement from buying their startup, Frank.…
Taco Bell is doubling down on drinks with its in-restaurant Live Más Café counters, now open in Chula Vista and near UC Irvine and projected to reach 30 locations across Southern California, Dallas and Houston by year-en…
Procter & Gamble beat Wall Street’s expectations for its fiscal first quarter, buoyed by strong beauty and grooming demand, and kept its full-year outlook despite tariff costs and what CEO Jon Moeller called a “challengi…
Ford’s third-quarter profit more than doubled to $2.4 billion as strong truck and SUV sales offset tariffs, but a September fire at a key Novelis aluminum plant will slow pickup output and cut fourth-quarter pretax profi…
Target will cut 1,800 corporate jobs—about 8% of its corporate workforce—in its first major layoffs in a decade, the Minneapolis-based retailer said. In a memo, incoming CEO Michael Fiddelke said the move is meant to sim…
In a blunt earnings-call pitch, Tesla CEO Elon Musk said he needs voting control and a pay package worth nearly $1 trillion to proceed with building a 'robot army,' warning he could be ousted otherwise. The proposal ties…
USPS says machine-applied postmark dates may not match the day mail is dropped off. As the agency reorganizes, reduced pickups for areas more than 50 miles from new processing hubs mean some first-class mail isn’t proces…
American Airlines has appointed industry veteran Nat Pieper as its new commercial chief, as its profits trail Delta and United. Pieper, 56, previously led the Oneworld alliance and has held senior roles at Northwest, Del…
The Trump administration is negotiating equity-for-funding deals with quantum-computing firms, including IonQ, Rigetti Computing and D-Wave Quantum, the Wall Street Journal reported, citing anonymous sources. Quantum Com…
Paramount made three escalating, rejected bids to buy Warner Bros. Discovery, culminating on Oct. 13 with a $23.50-per-share cash-and-stock offer—an 87% premium—and a proposal to keep David Zaslav as co-chief executive a…
Southwest Airlines reported an unexpected third‑quarter profit, topping Wall Street on adjusted EPS and revenue, even as net income fell 19% to $54 million. Revenue inched up 1% to $6.95 billion. The carrier forecast rec…
The Agriculture Department will reopen about 2,100 Farm Service Agency offices nationwide on Thursday despite the government shutdown, enabling access to $3 billion in existing aid. Each site will have two paid staff, wi…
Tesla’s third-quarter profit fell 37% to $1.4 billion even as revenue rose 12% to $28.1 billion, squeezed by price cuts, low-interest loans and tariffs. Revenue from clean-air credits dropped 44% to $417 million. The com…
Amazon is accelerating warehouse automation that could replace 600,000 jobs and deliver multibillion-dollar savings, according to internal plans reported by the New York Times and an analysis by Morgan Stanley. The compa…
Wall Street eased from records Wednesday as earnings steered sharp moves. The S&P 500 fell 0.6%—still within 0.8% of its high—while the Dow lost 211 points and the Nasdaq slipped 1.2% as of 1:12 p.m. Eastern. Netflix tum…
The NHL struck multiyear licensing deals with prediction markets Kalshi and Polymarket, the first such agreement between a major U.S. league and the sector. The companies can use league data, marks and official designati…
Meta will cut about 600 jobs from its superintelligence lab, chief AI officer Alexandr Wang told staff in a Wednesday memo, according to Axios — a report Meta told TechCrunch was accurate. Wang said a smaller team would …
Family health insurance for most American workers averaged $27,000 this year, with little relief expected next year, a KFF survey found. Employers covered roughly three-quarters, while employees paid $6,850—about $600 a …