Verizon Communications is close to paying around $5 billion to buy Yahoo's core business, absorbing a company that helped usher in the internet age.

Big banks are socking away more money to cover possible losses on consumer loans as they cast a wider net for borrowers.

Energy firms cut thousands of jobs in the second quarter despite many executives' optimism that the oil-market crash is ending.

NHTSA signaled regulators want self-driving technologies to progress quickly to market despite a fatal crash tied to Tesla's Autopilot.

Hershey Trust, the chocolate company's largest shareholder, has agreed to governance changes.

GE and Honeywell reported downbeat quarterly revenue while promising better results ahead.

U.S. stocks gained, sending the S&P 500 to a record. The Dow rose 53.62 points to 18570.85.

The SEC moved to expedite the approval of exchange-traded funds run by human stock and bond pickers.

(END) Dow Jones Newswires

July 23, 2016 02:48 ET (06:48 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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