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The Justice Department plans to file a lawsuit aimed at blocking AT&T’s $85.4 billion bid for Time Warner.

The deal comes amid fears that a rush of consolidation has left the chip making industry too heavily concentrated.

A Justice Department lawsuit to block the merger sets up a showdown over the first blockbuster acquisition to come before the Trump administration.

Funding and start-ups are concentrated on the coasts, especially in California. But there are signs of an entrepreneurial awakening in the heartland, where talent is rich but prices aren’t.

Philip Baker admitted that he defrauded his hedge-fund clients. He was sentenced to 20 years in federal prison. Then he devised an escape plan.

Will companies invest their cash windfall from the Republican tax plans? Also, the Murdochs are in talks with suitors interested in pieces of their empire. But will they sell?

Fans of Italy’s A.C. Milan greeted its new owner as a savior. Today, as the debt-burdened team bleeds money, questions swirl around its new benefactor.