The Finance Herald

Progressive’s latest results deliver two messages that investors should resist compressing into a single earnings number. The insurer’s core underwriting remained highly profitable in the third quarter, while changes in…

Rio Tinto’s third-quarter production update offers evidence that its strategy is moving from capital-heavy construction into operating delivery. Stronger iron ore shipments, accelerating copper production at Oyu Tolgoi and the…

Omron is paying $675 million to move industrial computing closer to the center of its factory-automation strategy. The Japanese manufacturer said it agreed to acquire Interlogic and its operating company…

Wall Street’s biggest banks will open third-quarter earnings season this week under an unusually demanding set of expectations. JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo are scheduled to report…

China is moving to put a higher price on speed in the world’s largest auto industry. Four government agencies released draft rules on Saturday that would pull safety reviews and…

SpaceX has turned a spectrum purchase into a sudden repricing of the U.S. wireless industry. The company said Thursday that it agreed to acquire 100% of Grain Management’s nationwide 800…

Oil’s latest surge has given investors a sharp reminder that the inflation trade is not finished. Brent crude futures rose $4.08, or 4.1%, on Thursday to settle at $104.28 a…

Samsung Electronics has delivered a quarterly profit figure that would have looked implausible even at the start of the current artificial intelligence investment cycle. The South Korean group said Thursday…

McKesson is using private equity to make a sizable but measured move into home infusion. The drug distributor and Clayton, Dubilier & Rice agreed Tuesday to acquire Option Care Health…

Informa is making an unusually clear portfolio choice: it wants to become a more focused business-to-business events group, and it is willing to raise fresh equity, add debt and part…