Economy

President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries. The order, which takes effect Aug. 29, will…

July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create the country’s first coast-to-coast freight rail operator and…

After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg, a longtime aerospace executive and an engineer whom…

Palantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies. The provider of software and data analytics technology to…

Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one of America’s…

UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices. It comes after the Wall Street Journal reported in May that the Department of…

WASHINGTON — Bleach maker Clorox said Tuesday that it has sued information technology provider Cognizant over a devastating 2023 cyberattack, alleging that the hackers pulled off the intrusion simply by…

Orange juice prices could rise by 20% to 25%, according to Johanna Foods, a small U.S. business suing the White House over tariffs threatened against Brazil. President Donald Trump said…

Elon Musk’s health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration, shortly before a financing round valued the company…

The U.S. shipbuilding industry is looking for help. A South Korean company is answering the call. Hanwha Philly Shipyard CEO David Kim, nodding to the gargantuan vessels under construction just…