President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have vowed to challenge the decision and continue pursuing the deal.

The number of banks has plunged for decades as banks joined forces to take advantage of economies of scale or simply failed. There were 4,036 banks at the end of 2023, down slightly from 4,136 in 2022 ...

Skydance Media and Paramount Global have said objections filed with the FCC over their planned merger “lack merit” and “seek relief that raises constitutional concerns” — and the companies have ...

SoFi Technologies (NASDAQ: SOFI) made its public debut on June 1, 2021, through a merger with a special purpose acquisition ...

Steel was a defining technology of the industrial age, and President Joe Biden made it his goal to bring that back, even as industries like robotics take over.

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it.

After last year’s dealmaking driven by the media biz’s shifting winds, more M&A reconfigurations may come in 2025.

U.S. stock futures are pointing higher after a shaky start to 2025, U.S. Steel shares are sinking on reports that President Biden is set to block its merger with Nippon Steel, and Tesla shares are ...

Trane Technologies , a global climate innovator, announced that it has completed the acquisition of BrainBox AI, a pioneer in autonomous HVAC controls and generative Artificial Intelligence (AI) ...

Automakers Honda and Nissan are the latest automakers to be talking about merging. They probably won’t be the last.

Unicredit is preparing to reorganize mergers and alliances, starting with an agreement with Prelios for impaired loans.