Capital One Financial Corporation plans to acquire Discover Financial Services in a $35 billion deal that would combine two of the largest U.S. credit card companies. Today on the show, five big questions about the deal, and the opaque system behind every swipe, tap or insertion of your credit card.
New guidelines from the FTC and Justice Department are part of a broader push to promote competition and limit what the White House sees as excessive consolidation.
Stephen Buyer, a Republican representative from 1993 to 2011, was accused in court papers of engaging in insider trading during the $26.5 billion merger of T-Mobile and Sprint.
In an interview with NPR, the chairman of the Securities and Exchange Commission said he was aiming to unveil tougher rules for a hot investment crazed called SPACs by early next year.
The pandemic forced Wall Street dealmaking into the digital age, but many bankers want to get back to the way things were — and that includes traveling again.
