CVS Health agreed to buy pharmacy-services provider Omnicare for $10.4 billion, strengthening its role as a dispenser of expensive prescription drugs.
Two-fifths of the population of developed countries have gained little over recent decades, driving a rise in income inequality that is damaging economic growth, the OECD said.
Hotel operator Hyatt takes a stake in a company that books short-term stays at high-end homes in London, New York, Paris and Los Angeles, a business that challenges traditional lodging companies.
Ahead of the Tape: A reliance on farmers helped Deere until recently, but has come back to haunt it.
Chicago didn’t hire Moody’s Investors Service, which downgraded the city’s bonds to junk status last week, to rate a refinancing of existing debt.
Major insurers in some states propose substantial rate increases for plans sold under the federal health law, setting the stage for an intense debate over the law’s impact.
Sales of previously owned homes fell in April after surging the previous month, highlighting the fits and starts that have been a hallmark of the housing recovery.
New York’s top financial regulator, Benjamin M. Lawsky will soon unveil a set of new licensing rules that could have long-lasting effects on businesses using bitcoin and other virtual currencies.
Rapid, if expensive, growth keeps cloud pioneer Salesforce on top. That actually makes a deal look less likely.
The number of Americans applying for first-time unemployment benefits rose last week but remained at a low level.