Mergers and Acquisitions

A federal judge on Wednesday rejected Anthem Inc.'s bid to buy rival health insurer Cigna Corp., saying the merger would likely lead to higher costs, less competition and diminished innovation.

Toshiba has received an offer as high as 400 billion yen ($3.6 billion) for a 19.9 percent stake in its flash memory business, with other bids as low as 200 billion yen.

Toshiba has received an offer as high as 400 billion yen ($3.6 billion) for a 19.9 percent stake in its flash memory business, with other bids as low as 200 billion yen.

Andrew Puzder says he would avoid conflicts of interest as President Donald Trump's secretary of labor by resigning as executive of a fast food empire, selling off his holdings and recusing himself from government decisions in which he knows he has a financial interest.

Andrew Puzder says he would avoid conflicts of interest as President Donald Trump's secretary of labor by resigning as executive of a fast food empire, selling off his holdings and recusing himself from government decisions in which he knows he has a financial interest.

An Austin-based driller said this week that it's buying about 71,000 acres of land in the energy-rich Permian Basin for $2.8 billion, becoming the latest energy company to make a major investment in the region.

An Austin-based driller said this week that it's buying about 71,000 acres of land in the energy-rich Permian Basin for $2.8 billion, becoming the latest energy company to make a major investment in the region.

Dow Chemical and DuPont are proposing more divestments as a way to nudge European regulators to approve their merger.

Dow Chemical and DuPont are proposing more divestments as a way to nudge European regulators to approve their merger.

Meredith and an investor group led by Edgar Bronfman Jr. have advanced in their pursuit of Time Inc. as the publisher explores a possible sale, according to people familiar with the situation.

Meredith and an investor group led by Edgar Bronfman Jr. have advanced in their pursuit of Time Inc. as the publisher explores a possible sale, according to people familiar with the situation.

The clock is running out on the retailer's turnaround.

The clock is running out on the retailer's turnaround.

New Jersey officials say television manufacturer Vizio and a subsidiary will pay $2.5 million to settle allegations that they surreptitiously tracked consumers' viewing habits and sold the information to marketing companies and data brokers.

New Jersey officials say television manufacturer Vizio and a subsidiary will pay $2.5 million to settle allegations that they surreptitiously tracked consumers' viewing habits and sold the information to marketing companies and data brokers.

With just four days left until Super Bowl Sunday, rest assured football fans will make some wild bets on the big game.

Canadian department store operator Hudson's Bay Co has made a takeover approach to U.S. department store chain Macy's Inc, the Wall Street Journal reported, citing sources.

CBS is spinning off its radio business and combining it with broadcaster Entercom, creating the country's second-largest radio station company behind iHeartMedia.

UK consumer goods maker Reckitt Benckiser said it was in advanced talks to buy baby formula maker Mead Johnson Nutrition in a $16.7 billion deal that would take it in a new direction and boost its business in Asia.