Mallinckrodt agreed to buy privately held Ikaria for about $2.3 billion, in a move to expand its presence in hospitals and in the area of critical care.
Emirates Airline President Tim Clark plans face-to-face meetings with U.S. government officials later this month to try to counter claims by the Persian Gulf carrier’s U.S. rivals that it benefits from unfair state aid and should be constrained.
Simon Property Group has made takeover approaches for rival Macerich, seeking to combine two of the largest shopping-mall owners in the U.S.
The political upheaval in Yemen has dealt a powerful blow to the country’s oil industry, forcing companies to abandon productive oil patches and evacuate staff as a rebel group consolidates power.
Many investors have switched to low-cost index funds, but some stick with actively managed funds, hoping to beat the market. Two experts debate both approaches.
Some say prenups prevent heartache and protect both parties. Others see the advantages accruing to the spouse with more money.
Are we at the start of a new era of monetary systems? Or should we all keep our hands on our wallets?