The company could raise up to $5.5 billion, with another $500 million available through a greenshoe option.
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The regulator rejected motions to dismiss the $85 billion merger application, but new board member Richard Kloster said the railroads still have “a long way to go” to prove the deal serves the public interest.

Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks.

If you thought the Federal Reserve was about to usher in an era of easy money and send the S&P 500 (SPY) on a smooth victory lap, think again. The market is walking straight into an uncomfortable reality check. Geopolitical headlines gave investors brief relief over the summer, but underlying price metrics did not follow the script. Instead of preparing for rate cuts, Wall Street must now confront persistent price pressures, climbing yields, and a Fed forced back into an active tightening stance

Starbucks plans to close 250 North American stores later this week. It is the second big round of store closures under Starbucks Chairman and CEO Brian Niccol, who joined the company in 2024. Last September, Starbucks closed 627 stores in North America and Europe and laid off 900 non-retail employees.

Three model portfolios developed by the money manager will hold baskets of ETFs and be tokenized by Ondo Finance.

Yahoo Finance's Josh Lipton takes a closer look at the top stories for investors to watch on Thursday, Sept. 24, including Costco's (COST) quarterly earnings results, August new home sales, weekly mortgage rates, and weekly initial jobless claims.

The bond market awoke from its early autumn slumber this week amid a maelstrom of headlines tied to growth, inflation, and fiscal concerns that dragged Treasury yields to the highest levels in decades and stoked bets on a series of interest-rate hikes from the Federal Reserve. The broader fixed income slump, which was extending into Thursday’s trading session on Wall Street, was largely powered by the renewed surge in global crude prices. “This is ‘hit the wall stuff’ if we continue anything resembling the current pace,” said John Hardy, Saxo’s global head of macro strategy.

BlackBerry reports fiscal second-quarter earnings per share of 7 cents from sales of $163.3 million. Wall Street was looking for 4 cents and $142.5 million, respectively.

Microsoft has lagged its AI peers all year. Goldman Sachs told investors that’s exactly the point.
Investing.com -- BCA Research told clients in a note that the Federal Reserve’s return to rate hikes is unlikely to derail U.S. stocks. It pointed to history showing the S&P 500 has gained over every full Fed tightening cycle since 1980.

The billionaire Peugeot family’s investment firm got a boost from its exposure to SpaceX, partially offsetting a deep slump in the value of its stake in automaker Stellantis NV.

The Fed's new approach will probably make markets a bit more turbulent if it's sustained.

It’s reasonable to expect another rate hike by the end of the year, New York Federal Reserve President John Williams said early Thursday. Inflation is the “big challenge” for policymakers, Williams said at the London Macro Policy Forum in London. It may be as close as investors get to forward guidance, something which Fed Chairman Kevin Warsh has moved to scrap.

Sept 24 (Reuters) - Wall Street futures dropped on Thursday as the Middle East conflict remained far from a resolution while investors also exercised caution ahead of a keenly watched summit between

Federal filings reveal Trump's accounts loaded up on a Bitcoin treasury company while dumping two Bitcoin miners just days apart, and the diverging bets raise a pointed question about which side of the crypto trade actually wins.

Find insight on Xiaomi, Micron, Raspberry Pi and more in the latest Market Talks covering technology, media and telecom.

CEO BRIEF NEWSLETTER Good morning—we have a packed CEO Brief for you today. First, Microsoft’s president has thoughts on the great AI safety debate and advice for CEOs. Then Lila has an exclusive on new CEO pay research from the Conference Board (yes, it climbed but there’s more to it than that).

Equities can keep climbing even as rising bond yields raise the bar for earnings growth, according to JPMorgan Chase & Co.’s Grace Peters.

Instead of investing in Anthropic directly, consider an investment in Amazon.

SYDNEY, Sept 24 (Reuters) - Australia said on Thursday an OpenAI agent breached a government health data portal in June, gaining unauthorised access to files, in what could be the first known instance of an AI agent hacking a government website. The breach is one of the highest-profile incidents of AI agents accessing external systems outside the United States, coming on top of several recent breaches globally by rogue AI agents that have alarmed governments and companies.

States are competing for billions of dollars of planned capital spending on chip foundries, launchpads and data centers.

Savings accounts, short-term Treasury bills and money-market funds paid little yield when interest rates were near zero. The Federal Reserve’s rate hikes starting in 2022 reset the bar for what cash could pay out to investors. On top of that, the advance of technology and new forms of banking and money not only add new competitors for cash—neobanks, stablecoins, tokenized or exchange-traded Treasury bills—but make it increasingly easy to switch cash from where it earns little, to where it earns more.

Today China state visit: President Trump is due to host Chinese President Xi Jinping in Washington, D.C. The two leaders are expected to discuss issues including artificial intelligence, Iran, Taiwan and trade, among others.

Anthropic is planning to go public soon in a high-profile IPO.

Warsh’s press conference likely spilled the beans on what comes next for interest rates.

BEIJING, Sept 24 (Reuters) - Volkswagen launched presales of its second model jointly developed with EV maker Xpeng in China on Thursday, expanding its electric vehicle offensive to catch up with

Delivery Hero scrapped plans for co-founder Niklas Östberg to step down as chief executive, citing Uber Technologies’ $14.8 billion takeover bid. The German food-delivery company had said in May that Östberg would step down in March of next year under plans for a leadership transition. Earlier this month, Delivery Hero said it was in favor of a $14.8 billion takeover bid from Uber Technologies and advised shareholders to accept it.
Inflation fears and rising bond yields outweighed hopes for Middle East diplomacy and for the artificial intelligence boom to continue its run.

CVS Group (LON:CVSG) reported higher revenue, adjusted EBITDA and adjusted earnings per share for the year ended June 30, 2026, while highlighting softer U.K. companion-animal demand late in the year and continued expansion in Australia. Revenue rose 5.9% to £712.8 million, supported by acquisition