CVS’s $10.4 billion deal for Omnicare allows the pharmacy to expand into the growing senior market
The financial toll of the worst U.S. bird-flu outbreak in history is soaring. The fast-spreading virus has resulted in the deaths or extermination of at least 38.9 million birds. About 10% of the U.S. egg-laying flock has been wiped out.
China has been opening up its domestic bond market to foreign investors at a record pace this year, as the country moves to turn the yuan into a global reserve currency.
Large U.S. banks will be able use some municipal bonds to meet new postcrisis rules aimed at ensuring they have enough cash during a financial-market meltdown under relaxed rules proposed by the Fed.
A coming mobile videogame set in a post-apocalyptic world, features heroines who ride motorcycles and fight villains. It’s made by a company whose CEO is a Saudi Arabian prince.
Coal miner Murray Energy is set to announce layoffs of around 1,800 workers, dealing another blow to the coal-mining industry in Appalachia.
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.