Mega-deal between United Technologies and Raytheon upends the aerospace playing field

Mega-deal between United Technologies and Raytheon upends the aerospace playing field

No aerospace and defense company has bet bigger on the benefits of scale than United Technologies Corp. Its mega-deal with Raytheon Co. should be a wake-up call to rivals. United Technologies is merging with Raytheon in an all-stock transaction that will …
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Wells Fargo's CEO Search Is Another Knock Against Its Board

When Wells Fargo CEO Tim Sloan unexpectedly stepped down in March, the bank’s board was quick to say they would only consider outside candidates—something many critics of the bank were eager to hear. Now, the board at the scandal-plagued bank is …
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The 2020 Hyundai Palisade Is Cheaper than the Kia Telluride

Hyundai’s new three-row Palisade SUV is being positioned as the more luxury-oriented alternative to its sibling the Kia Telluride, and it sits at the top of Hyundai’s SUV lineup. But in a slightly surprising turn of events, the Palisade will be cheaper than the …
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PayPal Looks for More Strategic Investments After Uber Deal

PayPal is now also providing more than $1 billion of working capital loans to small businesses every quarter, Schulman told Bloomberg's Brad Stone
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Accounting expert questions Illinois lawmakers' claim of balanced budget

J.B. Pritzker enacted was balanced and properly contributes to public pension accounts, but an accounting watchdog said that's misleading.
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