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Mexican Government to Buy Power Plants From Spain's Iberdrola
The acquisition will increase the state-owned utility’s share of the country’s electricity generation to 55%, the government says. Source link
China's New Weapon: Dragging Its Feet on Deals Involving American Companies
Beijing has slowed down antitrust reviews of proposed deals by American firms, people close to the process say. Source link
Johnson & Johnson Proposes Paying $9 Billion to Settle Talc Lawsuits
A unit of the health-products company is also refiling for bankruptcy protection to seek approval for the settlement plan. Source link
GM Says 5,000 White-Collar Workers to Depart Through Buyouts
The auto maker initiated the reduction as part of an effort to cut $2 billion in costs by the end of 2024. Source link
Credit Suisse Chairman: 'I Am Truly Sorry'
Shareholders at the bank’s final annual meeting expressed their anger toward management and the board for failing to save the storied institution. Source link
Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
Markets Finance The company says it is working toward finding a buyer for a once star player in the billionaire’s portfolio Source link
Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
Markets Finance The company says it is working toward finding a buyer Source link
Signature Bank Insiders Sold $100 Million in Stock During Crypto Surge
Sales went largely unnoticed by investors due to securities rules and filing method. Source link
Miami Developers Court New York Restaurateur to Help Sell Luxury Condos
Since the pandemic, more landlords have facilitated new high-end eateries. Source link
Klaviyo Hires Bankers, Plans for Late 2023 IPO
WSJ News Exclusive Finance Marketing-automation company’s plans show potential thaw in new-issue market Source link