A flurry of mergers and big initial public offerings in the U.S. make it the runaway success story in global deal making, standing in contrast to sluggish activity in Europe and Asia. Emboldened by the still-strong U.S. economy and a lofty stock market, chief executives in the U.S. are making big bets to expand geographically, cut costs and access new products.

Source: Wall Street Journal June 30, 2019 15:00 UTC