General Electric won approval from Europe’s top antitrust authority for its acquisition of Alstom’s power business after the U.S. industrial giant agreed to sell assets that regulators hope will create a strong, new competitor in Europe.
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Gasoline prices surged this week as a series of refinery shutdowns forced drivers to pay more—even as the supply-line disruptions pushed oil prices further down.
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Saving for College: A last-minute gift of money might not affect a student’s aid package for that year, but it will have to be reported on the following year’s Fafsa.
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Corporations are privately owned and should no more be subject to government price-fixing than family budgets should be.
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