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FTC Pauses Challenge to Amgen's $27.8 Billion Deal for Horizon Therapeutics
Business

FTC Pauses Challenge to Amgen's $27.8 Billion Deal for Horizon Therapeutics

The move gives the agency time to weigh a settlement that would allow the deal to close with conditions. Source link

Heineken Sells Russia Business…for $1
Business

Heineken Sells Russia Business…for $1

The deal with Russia’s Arnest Group comes after Moscow seized the local assets of Danish beer rival Carlsberg. Source link

UPS, Teamsters Await Vote on New Labor Pact
Business

UPS, Teamsters Await Vote on New Labor Pact

If the deal between UPS and Teamsters leaders is rejected, the sides are likely to go back to the bargaining table , though it also

Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Business

Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods

Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link

Who is the Mogul Bidding for U.S. Steel?
Business

Who is the Mogul Bidding for U.S. Steel?

James Bouchard grew up around steel and deal making; ‘We have the cash,’ he says of his $7.8 billion surprise bid. Source link

This Tomato Sauce Is Delicious. It's Also Worth Billions of Dollars.
Business

This Tomato Sauce Is Delicious. It's Also Worth Billions of Dollars.

Campbell Soup is splurging for the company behind Rao’s. What is the brand’s secret sauce? Source link

Texas Pipeline Firm Adds to Shale Holdings in $7.1 Billion Deal
Business

Texas Pipeline Firm Adds to Shale Holdings in $7.1 Billion Deal

Energy Transfer said the purchase of rival Crestwood Equity Partners would benefit its natural-gas and crude-oil businesses by adding storage and terminal assets. Source link

Apollo-Led Lenders Sell Yellow Loan to Citadel
Business

Apollo-Led Lenders Sell Yellow Loan to Citadel

The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation. Source link

U.S. Steel Takeover Talk Rattles Manufacturers
Business

U.S. Steel Takeover Talk Rattles Manufacturers

A deal for the American steelmaker could leave fewer options for steel used in cars, food cans and other products. Source link