Articles

Capital One-Discover merger comment period extended by Feds in move seen as routine

A comment period extension for the blockbuster $35 billion acquisition of Discover Financial Services by Capital One Financial Corp. isn’t a signal that the deal will be spiked for being anti-competitive, analysts said.

Southwest Airlines to exit certain airports as loss widens and revenue falls short

Southwest Airlines Co.’s stock tumbled 9% early Thursday, after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.

Unilever, Nestle slow price rises but the struggle for consumers remains

Both Nestle’s and Unilever updated investors on Thursday, with markets closely eyeing how the companies are handling the start of pulling back on price hikes.

Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists

The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.

Merck’s first-quarter results beat expectations amid healthy vaccine-sales growth 

Merck on Thursday reported first-quarter results that beat analysts’ expectations amid strong sales of vaccines and cancer drug Keytruda.

Retirees feel good about money and life, but worry about inflation and Social Security

Retirees reveal what’s worrying them and share surprising views about working in retirement

My stepfather is in a nursing home with dementia. His daughter whispers, ‘Where are your paychecks?’ in his ear. How can my mother protect him?

“My mother has a durable power of attorney for Sam’s healthcare and is his primary representative. No one has financial POA.”

Continental fined 100 million euros for role in VW emissions scandal

Continental accepted a fine of 100 million euros ($107 million) from a German prosecutor’s office for its role in the Volkswagen emissions-cheating scandal of 2015.

Concord outbids Blackstone sparking bidding war over Hipgnosis

The Nashville music producer, which is being financed by Apollo Global Management, outbid private equity giant Blackstone

Treasury yields steady ahead of U.S. GDP data that sets stage for inflation report

Treasury yields were steady Thursday ahead of pivotal data on the U.S. economy.

A bucket list of cities to visit for literature lovers, from Emily Dickinson to Jack Kerouac

Literature buffs can get to know their favorite writers and walk in their footsteps just by visiting these authors’ homes and haunts.

The 2024 Kia EV9 and the Rivian R1S compared: Which of these 3-row electric SUVs is better?

These two midsize SUVs carry up to seven passengers and offer plenty of range, but they are designed to do different things.
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