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Big-Company Bankruptcies Hang Over Economy
Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link
The Stunning Boom and Bust of a Tax-Refund King
One of the biggest processors of a pandemic tax break has slashed staff and stopped marketing after an IRS crackdown. Source link
Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion
The deal expands the pharmaceutical company’s portfolio of cancer drugs. Source link
The Company That Defined Dieting Is Sorry It Told Us to Have More Willpower
Ozempic, Oprah and apologies: WeightWatchers says there’s no shame in being overweight, or in taking new weight-loss drugs. Source link
Meatpacking Plant Closures Cut Deep for Small-Town Economies
Tyson Foods and other meat processors are closing plants amid high costs and falling demand, spelling economic turbulence for the communities where the plants are
The Oil Patch Is Primed for an Era of Megadeals
A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own. Source link
Striking Healthcare Workers Return to Work—Without New Contracts
Talks between Kaiser Permanente and unions are scheduled to resume Thursday, after employees temporarily walked off. Source link
Cruise Lines Pursue Greener Journeys Ahead of New Climate Rules
As tourists flock to ships and strain port cities, regulators and environmental groups are pushing companies to invest in cleaner tech. Source link
Clorox Warns of Accruing Costs From Cyberattack
The attack came amid a $500 million digital overhaul at the consumer products maker. Source link