Missile-making startup Castelion closed a more than $1 billion funding round co-led by private-equity giant Carlyle CG.O, reflecting blue-chip firms' growing interest in a booming corner of the defense industry.
The Federal Trade Commission will tell companies that they must disclose when they use highly detailed information about individuals to personalize a price offer.
Amazon AMZN.O announced a major expansion of its drone delivery service, with plans to roll it out to nearly 500 cities and towns by the end of the year.
The founder of China Evergrande Group, the world's most-indebted property developer, was sentenced to life in prison by a Chinese court on Thursday, five years after the firm's collapse shook the nation's economy and financial markets.
Four Senate Democrats asked Kevin Warsh in a letter Wednesday to publicly disclose his conversations with President Trump, after reports this month suggested that the two have spoken repeatedly since he became Federal Reserve chairman, and Warsh’s appointment calendars showed no such calls.
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