FILE PHOTO: A GlaxoSmithKline plant is seen in Montrose, Scotland, Britain October 22, 2018. Andy Buchanan/Pool via REUTERS(Reuters) – UK drugmaker GlaxoSmithKline said its plan to separate its consumer healthcare unit next year were on track, after Bloomberg reported potential…
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A Debt-Ceiling Showdown
The uncertainty over the federal debt ceiling is starting to get serious. The U.S. government will run out of its ability to borrow money sometime this month, the Treasury Department has said. Economically, that does not need to be a…
Payments firm AvidXchange files for U.S. IPO
(Reuters) -AvidXchange Holdings Inc is looking to raise up to $506 million in a U.S. initial public offering (IPO), according to a regulatory filing on Monday, that could value the business payments firm at about $4.4 billion. The company, which…
Opinion | Was the Decision on Boosters Bungled?
More from our inbox: To the Editor: Re “This Is No Way to End a Pandemic” (editorial, Sept. 26): The editorial board opines that before giving Covid booster shots to all vaccinated Americans, the Biden administration should send the vaccines…
Canada's CPPIB to acquire Ports America from Oaktree Capital
(Reuters) – Canada Pension Plan Investment Board said on Wednesday it has agreed to buy marine terminal operator Ports America from Oaktree Capital Management LP for an undisclosed sum. Under the terms of the deal, CPPIB, a minority investor in…
Opinion | Voters Had Their Say. Partisans Ignored Them.
By David Daley Mr. Daley is the author of “Unrigged: How Americans Are Battling Back to Save Democracy.” Democracy has been tested this year by divisive voting and election administration laws in states like Georgia and Texas. But those are…
Opinion | This Conversation With Richard Powers Is a Gift
Produced by ‘The Ezra Klein Show’ There are certain conversations I fear trying to fit into a description. There’s just more to them than I’m going to be able to convey. This is one of them. Richard Powers is the…
Opinion | When Medical Ethics Collide With Basic Fairness
By Margaret Renkl Ms. Renkl is a contributing Opinion writer who covers flora, fauna, politics and culture in the American South. NASHVILLE — It’s hard for me to describe the utter rage that filled me when I opened my local…
Stalemate in UniCredit talks weighs on Monte dei Paschi bonds
MILAN (Reuters) -Junior bonds issued by Monte dei Paschi fell sharply on Monday as slow-moving talks between Italy’s Treasury and UniCredit over the sale of the state-owned bank weighed on investor sentiment.FILE PHOTO: The entrance of Monte dei Paschi headquarters…
Transurban consortium to pay $8.1 billion for full control of Sydney tunnel network
(Reuters) – A consortium led by Australia’s Transurban Group will pay A$11.1 billion ($8.06 billion) for a near half stake of the country’s longest auto tunnel network, giving it full ownership of the asset and dominance of Sydney’s toll road…