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Billionaire Kirk Kerkorian plans to buy 28 million more shares of General Motors stock through his private company, Tracinda Corp. The purchase would make Kerkorian one of GM's largest shareholders. Jerome Vaughn of Detroit Public Radio reports.

First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world.

JetBlue, the nation's sixth-largest airline, sought to buy Spirit for $3.8 billion. The judge said "the consumers that rely on Spirit's unique, low-price model would likely be harmed."

Exxon Mobil's $60 billion deal to buy Pioneer Natural Resources received federal clearance, but former Pioneer CEO Scott Sheffield was barred from joining the new company's board of directors.

Teran Powell joined WUWM in the fall of 2017 as the station’s very first Eric Von Fellow.

News Corp., one of the world's major media powers, owns The Wall Street Journal and Fox News. In Britain, its powerful newspaper arm is at the heart of phone hacking and police bribery scandals. The driving force behind the company is its octogenarian chairman and CEO, Rupert Murdoch, whose story began in Australia.

Gideon Shoes makes handcrafted hip-hop sneakers inspired, designed and marketed by young people at a youth center in a tough suburb of Sydney. But the company is struggling to balance its values with the brutal realities of production and competition.

Rising rents, housing prices and living costs in the top real estate markets from Boston to San Francisco are putting the squeeze on teachers.

The Paris Olympics opening ceremony wowed Parisians, fans and most everyone who was able to catch a glimpse of thousands of athletes floating down the Seine to officially begin the Games.

The luxury department store chain is opening a 320,000- square-foot store in Manhattan as retailers such as Barneys and Forever 21 file for bankruptcy and more competition comes from online brands.