Mergers and Acquisitions

Cigna, which sells government Medicare plans, health plans for large- and medium-sized corporations and runs pharmacy benefits, also hiked its full-year guidance.

Legislators in Honduras have struck down laws that could have privatized some health and education services, after protests left some government offices burned and some businesses looted.

The $28 billion deal is in regulatory limbo as officials from the antitrust division study whether the deal will lead to price increases for consumers since it would reduce the number of major wireless carriers.

Warren Buffet's Berkshire Hathaway is financing a bid by Occidental Petroleum for Anadarko, potentially upending Chevron's $33 billion offer for the energy company.

Cheddar founder and CEO Jon Steinberg is set to become president of Altice News, overseeing Cheddar, News 12 and i24News.

In exchange, Berkshire Hathaway will receive 100,000 shares of cumulative perpetual preferred stock with a value of $100,000 per share.

Anadarko believes the Occidental offer could be a "superior proposal."

T-Mobile and Sprint standing alone do not have the nationwide reach or financial strength to fully compete against AT&T and Verizon.

Sinclair continues to seek additional equity partners to invest in the networks.

Bayer's top managers are facing shareholders amid discontent over the fallout from the German company's acquisition of Monsanto, the maker of Roundup weed killer.

Deutsche Bank and Commerzbank are halting talks on a possible merger that would have created Germany's biggest financial institution.

J. Sainsbury Plc announced plans to buy Asda last year as it sought to cut costs amid competition from discount chains that have increased their share of the U.K. grocery market.

“100% not true,” the billionaire told CNBC.

Occidental puts the value of its deal at $57 billion, including debt and book value of noncontrolling interest.

Tesla CEO Elon Musk appears ready to transform the company's electric cars into driverless vehicles in a risky bid to realize a bold vision he has been floating for years.

Boeing is preparing to build F-15 fighter planes for the U.S. Air Force at its St. Louis County plant even though the military branch hasn't bought the jet in over a decade.