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FTC Sues to Block Kroger-Albertsons $24.6 Billion Grocery Store Merger

The Federal Trade Commission and several state attorneys general filed a lawsuit Monday to stop Kroger, the supermarket giant, from completing its $24.6...

Goldman Sachs, Abu Dhabi ink $1 billion investment partnership for Asia...

An Emirati woman paddles a canoe past skyscrapers in Abu Dhabi, United Arab Emirates, on Wednesday, October 2, 2019.Christopher Pike | Bloomberg...

Capital One Discover acquisition has $1.4 billion breakup fee for another...

Capital One headquarters in McLean, Virginia on February 20, 2024. Brendan Smialowski | AFP | Getty ImagesCapital oneBlockbuster takeover proposal for...

Tax evasion by wealthiest Americans tops $150 billion a year: IRS

The country's millionaires and billionaires evade more than $150 billion in taxes annually, leading to growing federal deficits and a "lack of fairness"...

HSBC profit misses estimates; bank announces $2 billion share buyback

Customers use automated teller machines (ATM) at a bank branch of HSBC Holdings Plc in Hong Kong, China, at night on Saturday, February...

Biden Cancels $1.2 Billion in Student Loan Debt for 150,000 Borrowers

After the Supreme Court struck down President Biden’s plan to cancel billions of dollars in student loan debt, borrowers wondered how he would...

Capital One to Acquire Discover in $35.3 Billion Deal

Capital One announced Monday that it would acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion, a deal that would...

U.S. Awards $1.5 Billion to Chipmaker GlobalFoundries

The Biden administration on Monday announced a $1.5 billion award to New York-based chipmaker GlobalFoundries, one of the first major grants from a...

JPMorgan Chase, Wells Fargo cut overdraft revenue to $2 billion in...

Pedestrians walk past a JPMorgan Chase bank branch in New York.Michael Nagle | Bloomberg | Getty ImagesAmerica's three largest retail banks...

American Firms Invested $1 Billion in Chinese Chips, Lawmakers Find

A congressional investigation has found that five American venture capital firms have invested more than $1 billion in China's semiconductor industry since 2001,...

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