More than 3,200 union members who assemble Boeing’s fighter jets in the St. Louis area and Illinois went on strike after rejecting a second contract offer the previous day.
Read More Over 3,000 Boeing fighter jet workers go on strike after rejecting contract offer
The S&P 500 and Nasdaq climbed to new record highs after Microsoft’s blockbuster earnings and investor confidence in artificial intelligence.
Read More Wall Street jumps as Microsoft enters $4 trillion club after results
U.S. Steel said it had appointed three American directors to its board, more than a month after Nippon Steel closed its $14.9-billion acquisition of the company.
Read More U.S. Steel appoints three American board directors after Nippon deal
Union Pacific said it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator.
Read More Union Pacific to reshape US freight rail with $85 billion deal for Norfolk
The S&P 500 and the Nasdaq opened at record highs, while the Dow was on the cusp of that as optimism from a U.S.-EU trade pact set the stage for a week packed with megacap earnings.
Read More S&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal week
The deal will put well-known entertainment properties including CBS, Paramount, and Nickelodeon under the ownership of tech scion David Ellison.
Read More US clears way for $8 billion Paramount-Skydance merger