Business

Federal regulators have approved Capital One's $35 billion acquisition of Discover, a move that will create the largest credit card issuer in the United States.

Treasury yields rose as investors reacted to heightened political pressure from President Trump on Federal Reserve Chair Jerome Powell to cut interest rates.

JPMorgan Chase CEO Jamie Dimon sold 133,639 shares valued at $31.5 million after company stock fell by 0.4% following a downgrade from StockNews.com.

Rocket Companies is acquiring Mr. Cooper Group in a $9.4 billion deal, creating a combined entity serving 10 million clients and managing 1/6 of US mortgages.

Hyundai Motor Co. announced a sweeping $20 billion investment in the United States, headlined by the construction of a $5 billion steel plant in Louisiana.

The Boston Celtics were sold to Bill Chisholm for a record-breaking $6.1 billion, making it the most expensive sale of a North American sports franchise.