European Rail Giants Fight for Slice of U.S. High-Speed Train Line
Siemens and Alstom are vying to supply trains for a planned Los Angeles to Las Vegas link.
Chinese Property Stocks Jump Amid Hopes for More Stimulus
Chinese property stocks jumped amid hopes of more property-market stimulus ahead and a state-owned media report saying Beijing might roll out new measures to shore up the sector.
Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition
The world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares.
Dominion Sells Natural Gas Utilities to Enbridge for $9.4 Billion
The sale comes as lawmakers and regulators across the U.S. debate the future of natural-gas use in everything from stoves to furnaces.
FTC Antitrust Suit Against Amazon Set for Later This Month After Meeting Fails to Resolve Impasse
The e-commerce giant’s lawyers offered no concessions in talks with agency officials last month.
United Airlines Resumes Flights After Ground Stop Due to Technology Issue
The carrier’s nationwide pause came at the end of the busy Labor Day travel weekend.
NHTSA Takes Next Step to Force Recall of Potentially Exploding Air-Bag Parts
The auto-safety regulator set a public hearing date for a recall of 52 million air-bag inflators made by ARC Automotive, a precursor to a formal order.
Apollo, KKR Could Join S&P 500 After Blackstone, Says Analyst
Wells Fargo analyst Finian O’Shea reaffirmed bullish views on KKR and Apollo Management stock, noting they could join the index.
SEC Fines Real Estate Private-Equity Firm Prime Group
Real-estate investment firm Prime Group Holdings will pay $20.5 million to settle allegations of inadequate disclosures around brokerage fees it charged investors, U.S. regulators said Tuesday.
Arm Targets More Than $52 Billion Valuation in Largest IPO of the Year
Apple, Intel and Nvidia are among the companies that plan to buy shares in the British chip maker’s initial public offering.
Source: Dow Jones Newswires