Once again, people showed magnificence in the face of horror. Then the elected officials showed up. Michael Daly. 09.29.16 7:35 PM ET.
Big deals carry big risks. Sometimes it is worth stacking up the chips. That is how investors seem to feel about the idea of Qualcomm QCOM 6.30 % buying NXP Semiconductors.
Sumner Redstone's holding firm calls for an all-stock deal, saying it is "not willing to accept or support any acquisition" of Viacom or CBS by a third party or not controlling the merged company.
Noureddine Boutarfa, the Algerian oil minister who hosted this week's OPEC meeting, resorted to one of the oldest tricks in the dealmaker's book: He put his fellow ministers in the same hotel in the middle of nowhere.
The U.S. economy grew at a modestly faster pace in the second quarter than previously estimated, but the latest data confirms the expansion decelerated in the first half of the year.