Silicon Valley’s $4-billion gamble on defense manufacturing Drones being assembled at the Neros headquarters.

Phillips 66 reported strong Q2 results with adjusted earnings of $2.38 per share, beating expectations. Revenue also exceeded estimates at $33.52 billion.

Shares in the food-maker have lost about two-thirds of their value since Kraft and H.J. Heinz merged in 2015 to cut costs and grow internationally.

California is suing the Trump administration after it ended $4 billion in funding for the state’s high-speed rail project.

Gov. Gavin Newsom announced on Thursday that California is filing a lawsuit to stop the Trump administration from pulling approximately $4 billion from California's embattled high-speed rail project.

Governor Newsom sues Trump after $4B in federal funds for California's high-speed rail were cut, calling it political retribution.

U.S. Transportation Department cancels $4 billion for California's high-speed rail after review found zero miles of track laid in 10 years and ballooning costs.

The Trump administration has cut $4 billion in funding for California's high-speed rail project.

Business North Texas-based Veritex Bank agrees to $1.9B buyout Columbus-based Huntington Bancshares Inc. has acquired Dallas-based Veritex Holdings Inc. in a nearly $2 billion all-stock deal.

Malcolm Holland is selling Vertix Holdings to Ohio-based Huntington Bancshares in an all-stock transaction valued at $1.9 billion.

Shares of Columbus, Ohio-based Huntington Bancshares, a regional bank with $210 billion in assets, fell 1.8%, while Veritex jumped 20% after the companies announced the news.

Singapore state-owned investor Temasek Holdings Pte reported divestments worth S$42 billion ($33 billion) for its last fiscal year — its largest annual disposal on record — while the firm’s ...