Emerson Plans to Merge Industrial-Software Businesses With AspenTech

Emerson Electric plans to merge two of its software businesses with Aspen Technology in a roughly $11 billion deal aimed at capturing growing demand for industrial technology.

Biden’s Soft Infrastructure Agenda May Not Boost Growth

The president has sold soft infrastructure such as in child care,...

How the Pandemic Has Changed the Way High-End Art Is Sold

Private sales at Sotheby’s and Christie’s took off, as live-auction revenues...

Facebook to Hire 10,000 Workers in EU to Build Up ‘Metaverse’

Facebook is planning to create 10,000 jobs in the European Union...

China Third-Quarter Economic Growth Slows Sharply to 4.9%

China’s economy grew 4.9% in the third quarter from a year...