Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite rising inflation and economic uncertainty.
May 26, 2022Michelle Chapman
Business, Technology 
VMware headquarters in Palo Alto, Calif., by Paul Sakuma/AP
Broadcom to Buy VMware for $61 Billion
VMware headquarters in Palo Alto, Calif., by Paul Sakuma/AP Business, Logistics 
Associated Press Photo/Wilfredo Lee, File
Home Depot Overcomes Slow Start to Year, Rising Home Prices
Associated Press Photo/Wilfredo Lee, FileHome Depot’s first-quarter sales improved despite a slow spring start, and the home improvement chain raised its full-year guidance.
May 17, 2022 Government, Business, Technology, Autonomous 
Musk took a 9% stake in Twitter. (Susan Walsh, File/Associated Press)
Elon Musk to Join Twitter’s Board
Musk took a 9% stake in Twitter. (Susan Walsh, File/Associated Press)Elon Musk is joining Twitter’s board of directors a day after disclosing that the Tesla CEO took a 9% stake in the social media platform.
April 5, 2022 Business, Equipment 
Rogelio V. Solis/AP
Caterpillar Pushes Through Supply Constraints in Strong Q4
Rogelio V. Solis/APCaterpillar’s sales surged in the final quarter of the year despite ongoing disruptions in the global supply chain that have hit almost every sector of the economy.
January 28, 2022 Business, Fuel 
Richard Drew/Associated Press
Profitable Exxon, Chevron Emerge as Global Economy Rebounds
Richard Drew/Associated PressExxonMobil reversed the losses it suffered last year during the pandemic with a $6.75 billion third-quarter profit as demand pushes the price for a barrel of crude past $80 for the first time in years.
October 29, 2021 Business 
The Home Depot location in Willow Grove, Pa. (Matt Rourke/Associated Press)
Home Depot Sales Climb, but Remodeling Frenzy May Be Cooling
The Home Depot location in Willow Grove, Pa. (Matt Rourke/Associated Press)Home Depot’s sales continue to surge, though same-store sales appeared to come back to earth after a year in which the home improvement chain outperformed expectations repeatedly.
August 17, 2021 Business, Equipment 
Wilfredo Lee/AP
Caterpillar 2Q Revenue Up on Higher Equipment Demand
Wilfredo Lee/APRising demand for machinery fueled sales at Caterpillar during the second quarter as the rollout of vaccines helped to revive construction projects.
July 30, 2021 Business, Technology, Fuel 
The Lordstown Endurance electric pickup truck is displayed in Lordstown, Ohio. (Tony Dejak/Associated Press)
Lordstown Motors’ Rough Road Continues as CEO, CFO Depart
The Lordstown Endurance electric pickup truck is displayed in Lordstown, Ohio. (Tony Dejak/Associated Press)The top two executives at Lordstown Motors have resigned from the Ohio electric truck startup as problems at the company continue to mount.
June 14, 2021 Business, Logistics 
Brent Lewin/Bloomberg News
CN Makes $33.7 Billion Bid for Kansas City Southern
Brent Lewin/Bloomberg NewsA bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway.
April 20, 2021 Government, Business 
A closed Hertz car rental facility during the coronavirus pandemic in Paramus, N.J. (Ted Shaffrey/Associated Press)
Hertz Eyes Bankruptcy Exit Via $4.2 Billion Stake Sale
A closed Hertz car rental facility during the coronavirus pandemic in Paramus, N.J. (Ted Shaffrey/Associated Press)In a deal to jettison itself from under bankruptcy protection, Hertz said March 2 that it may sell a controlling stake in the company to two investment firms for $4.2 billion.
March 2, 2021