More news: Insignia Financial shares rocketed in early trading after the financial services firm agreed to a $3.3 billion buyout by US asset manager CC Capital.

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.

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

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.

The Federal Railroad Administration pulled $4 billion in funding on Wednesday that was intended for high-speed rail construction in the Central Valley.

President Trump and Transportation Secretary Sean Duffy announced Wednesday that about $4 billion in unspent federal funding for California’s significantly delayed and overbudget high-speed rail ...

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.

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

Continuing its feud with California, the Trump Administration has pulled $4 billion in federal funding from the state’s high-speed rail project, citing missed deadlines and cost overruns. The ...