Boeing Co. is signaling it won’t take on extra baggage in its pursuit of a bigger services division, but it will still have to pay up to build one. The planemaker acquired KLX Inc. for $63 a share, or about $4.25 billion including debt. The catch is that Boeing is only buying KLX’s aerospace business, which distributes parts and provides ...

In just about two years, Allergan PLC has gone from a pharma darling on the verge of a massively lucrative Pfizer Inc. buyout to something of a pariah. Its stock has fallen 38 percent in the past nine months. Shareholders are reportedly recruiting activists. On its first-quarter earnings call on Monday, Allergan said it is in the midst of an ...

President Donald Trump has made clear his view that the US doesn’t need any more immigrants. The mystery is why a veteran of the hospitality business would be so inhospitable to tourists, traveling executives, students and other visitors. Consider the State Department’s ill-advised plan to impose new screening requirements on the roughly 14 million people who apply each year for ...